Canada’s oldest Law firms
Two of Canada’s oldest law firms with strong ties to the mining industry are merging. Day, Wilson, Campbell has signed a merger agreement with Holden, Murdoch and Finlay to create Holden Day Wilson, e…
News
Cominco signs agreement on Quebrada Blanca
A definitive agreement has been signed for the development of the Quebrada Blanca copper deposit in northern Chile. As reported (N.M., Aug 28/89), the agreement provides for the formation of a company…
Black Swan dives
Net earnings for the six months ended Sept 30 dropped sharply for Black Swan Gold Mines (VSE), from $532,000 last year to $34,000 this year. Cash flow after non-cash working capital items was $208,000…
Westmin calculates reserves at Debbie and Yellow properties
Geological mineral inventories have been calculated by Westmin Resources (TSE) for the Debbie and Yellow gold exploration projects near Port Alberni on Vancouver Island. The Debbie is a joint venture …
McNickel’s Lac St. Jean prospect is uneconomic
The story of McNickel Inc.’s (COATS) copper-nickel exploration project at Lac St. Jean, Que., has ended in disappointment. The McNickel discovery, which earlier this year touched off a staking rush in…
More high grade at Buckhorn
Excellent drilling results continue to roll in from the Buckhorn Mountain property owned by Crown Resources (NASDAQ). Situated in Washington State, the property has been the subject of an extensive ex…
Wade reduces Bitech stake prior to Nfld. gold find
Bitech Corp. (ASE) President Jim Wade recently sold a substantial portion of his holding in the Toronto-based exploration company. During the latter part of October, James Wade Engineering and Pamiba …
Rainbow releases Inco Expl. result
Results were released recently from a 4-hole program on the gold- copper project of Rainbow Exploration (ASE) and Inco Exploration in Falconbridge Twp., five miles northeast of Sudbury, Ont. Inco Expl…
FUTURES PRICES Metal Prices N.Y. Commodity Exchange Week’s High
00 578.50 + 13.00 ** GOLD (in US$ per oz.) ** ** Dec418.70 415.30 417.90 + 14.40 ** ** Feb424.20 419.60 422.80 + 13.90 ** ** …
Newmont Gold’s gold output tops 1-million-oz level
Gold production from Newmont Gold’s (NYSE) Carlin, Nev., operations topped the 1-million-oz level, according to financial results released recently by the 90% owned Newmont Mining (NYSE) subsidiary. D…
Spokane convention a hit at 3,600 miners register
As demonstrated by the record turnout for the 95th annual convention of the Northwest Mining Association, the mining industry is alive and well in the western U.S. and Western Canada. Just more than 3…
St. Andrew’s mine off to good start
The Stock Township gold mine owned by St Andrew Goldfields (TSE) is expected to produce 27,000 oz of gold next year. Situated east of Timmins, Ont., the mine entered production on Oct 1, following a s…