Horsham changes vote
Shareholders of Horsham Corp. (TSE), the holding company which controls American Barrick Resources (TSE), have approved an increase in the number of votes attached to multiple voting shares held by ch…
News
Good results continue for Crown Butte
Prospects continue to brighten at the New World project owned 100% by Crown Butte Resources (VSE). Situated in Park Cty., Mo., the New World property is managed by Noranda Inc. (TSE) under a September…
Galactic considers Taiwanese bid for Summitville mine
Summitville, the troubled mine most associated with Galactic Resources (TSE), is up for sale. A Taiwanese company has made Galactic an offer to purchase the mine, which began production in 1986. “We a…
Prospectors welcome adjustments to GST proposal
The Prospectors and Developers Association of Canada says it is pleased that the Goods and Services Tax (GST) draft legislation released on Oct 13, addresses a serious concern of the association. Acco…
No blasting necessary Photo by The Northern Miner
About 35 prominent mining men came out to Howden Canada’s manufacturing plant in Scarborough, Ont., recently to witness the official unveiling of a tunnel-boring machine, designed specifically for har…
Canyon hires adviser
Canyon Resources (NASDAQ) has entered into an agreement with Bankers Trust ,where Bankers Trust will act as Canyon’s financial adviser in the acquisition of the assets of Addwest Gold. Canyon has the…
Plexus moving toward production on Rawhide
In relative obscurity, Plexus Resources (TSE) and Kennecott Corp. have been developing a Nevada open pit mine that will rank as the fourth largest heap leach producer in the U.S. The Rawhide project, …
PDAC plans symposium to precede convention
The Prospectors and Developers Association of Canada will hold a symposium on computer treatment of exploration and mining data at Metro Toronto Convention Centre, March 9-10, 1990. Also available at …
More Glimmer assays
Additional drill results have been released by Noranda Inc. (TSE) from its gold discovery held in joint venture with Glimmer Resources (VSE). Situated in Beatty and Hislop twps., Ont., the 14-claim pr…
Aur, Louvem fight will stall project Noranda officer says
Underground exploration will not begin at the copper-zinc discovery of Aur Resources (TSE) and Societe Miniere Louvem (TSE) until a legal dispute involving the two companies is settled, says a top Nor…
Crude, Hemlo ready to mill 60,000 tons from Eagle River
A production decision for the Eagle River project could come by September as underground work has been advancing rapidly and a mill test of 60,000 tons of development ore is scheduled to begin shortly…
Alberta Stock Exchange Gold issues lacklustre
The price of gold may have risen above $400(US) for the first time since January, but the yellow metal’s return to health wasn’t really reflected in Alberta share prices for the week ended Nov 21. Man…