GAC/MAC plan trip to Kyushu, Japan
The Geological Association of Canada (GAC) and the Mineralogical Association of Canada (MAC) are seeking 15 people to spend nine days on the island of Kyushu in Japan this May. The trip will concentra…
News
Startup troubles reported at Cominco smelter, Red Dog
Startup difficulties have plagued the new lead smelter owned by Cominco (TSE) in Trail, B.C., where the company has been experiencing problems since mid-December. The primary operating problem is asso…
CSA buying shares
CSA Management Ltd. says, subject to TSE approval and appropriate filings being made, it intends to make a normal course issuer bid for up to 192,312 A non-voting shares, or about 10% of the public fl…
Toronto Stock Exchange Indices (February 26, 1990)
3692.253734.763731.683732.743750.384009.473692.25 Metals & Minerals 2981.503037.473029.973017.932972.353453.052933.48 Integrated mines 3106.483173.703162.113143.693091.393173.703106.48 Metal mines 273…
Cominco earnings near 1988 levels
With consolidated 1989 earnings of $214.6 million, Cominco (TSE) slightly exceeded the record earnings of $213.5 million set in 1988 before extraordinary earnings. (After including extraordinary items…
Fire River seeks new properties
Fire River Gold (COATS) says discussions are under way with its underwriter to raise new financing for property acquisitions and additional exploration work on its Alice “A” gold-silver property, east…
Echo Bay earnings hurt by Muscocho write-down
Reduced annual earnings were reported recently by Echo Bay Mines (TSE) reflecting the impact of lower gold prices and a US$20- million writedown on the company’s investment in Muscocho Explorations (T…
Mercur ruling in Barrick’s favor
Toronto-based American Barrick Resources (TSE) has won what it regards as a major victory in its legal fight with a Utah-based exploration company for control of the Mercur Gold mine in Utah. Barrick …
Climate a real challenge
Life at a northern project definitely isn’t for those who prefer the bright lights of a big city or being cocooned in an air-conditioned office. As The Northern Miner discovered during a recent visit …
Editorial Exploration could use more support
The mining industry in Ontario is a multi-billion-dollar contributor to the province’s economy and a significant contributor to Canada. To find the mines of tomorrow necessary to continue that role, e…
Golden Shield creditors approve GSR proposal
Creditors of bankrupt Golden Shield Resources have approved unanimously a proposal submitted to the bankruptcy trustee whereby the assets of Golden Shield will be purchased by GSR Mining Corp. The pri…
Bodega’s Hyder plans funded by placement
Washington-based company Bodega Ventures (ASE) said it recently completed a private placement subscription with Central Capital for one million Bodega shares at 25cents per share. Central Capital also…