Integrated encouraged at Goat
Edmonton-based Integrated Resources (ASE), which is making a takeover bid for Northern Minerals (TSE), recently obtained some encouraging results from exploration at its Goat gold project near Telegra…
News
Conference set for workers compensation
The third annual conference on Workers’ Compensation, sponsored by the Employers Council on Workers’ Compensation, will be held at the Metro Toronto Convention Centre Nov 29. The conference will begin…
Metal Prices PRODUCER PRICES (November 13, 1989)
ALUMINUM: MW U.S. Market US79.00 cents – 80.00 cents per lb. (Oct 26, 1989). ANTIMONY: New York dealer US94 cents -98 cents per lb. (Sept 14, 1989). BISMUTH: New York dealer $4.80-$4.90(US) per lb. (…
GSR, Northfield deal
An agreement has been signed between Northfield Minerals (ASE) and GSR Acquisitions, to purchase an additional 68.5% interest in the Larder Lake gold project near Kirkland Lake, Ont. GSR is acquiring …
McAdam drifting at Spud Valley
Exploration drifting on the Linton North vein at the Spud Valley gold project on Vancouver Island continues to yield positive results on the 7A sublevel, 60 ft updip from the 7 level, McAdam Resources…
Higher base metal prices help Minnova hike 9-month earnings
Higher base metal prices helped Minnova Inc. (TSE) boost net income for the first nine months of 1989. A member of the Noranda group of companies, Minnova recorded net income of $4.4 million (31 cents…
Hollinger North tests for lump ore
Bulk-sample testing of three iron ore deposits, aimed at identifying lump ore, was undertaken this past summer by Hollinger North Shore Exploration, a wholly owned subsidiary of La Fosse Platinum (TSE…
Potash Corp. listed
Trading in the shares of Potash Corporation of Saskatchewan (TSE) began trading on an “if, as and when issued basis” on The Toronto Stock Exchange. The common shares of the company were to trade on a …
Glencairn scheduled to begin diamond production in Brazil
Glencairn Explorations (ASE) plans to begin diamond production from its Feijao Cru project in Brazil by May, 1990, with full production at a rate of 240 cubic metres per day scheduled to begin by Sept…
Drilling shows continuity of gold/silver at Biron bet
The second phase of drilling is under way at the Summit gold project in New Mexico where partners Biron Bay Resources (ASE) and NovaGold Resources (TSE) recently discovered a high grade oreshoot withi…
Northgate increases stake in Geddes after Cominco buys 17%
Toronto-based Northgate Exploration (TSE) was prompted recently to protect its investment in the Windy Craggy copper gold project by increasing its stake in Geddes Resources (TSE) to 42% from 31%. Nor…
Bechtel executive named President of Louisiana
Cade Harvard, chairman of Louisiana Mining (ASE), is handing over control of the company to a couple of former Bechtel Corp. engineers who he hopes will turn the company’s southern Nevada gold project…