Malartic completes Congress purchase
Acquisition of the Congress gold mine near Wickenburg, Ariz., by Malartic Hygrade Gold Mines (Canada) (VSE) from Echo Bay Mines (TSE) has been completed, Malartic reports. The sale of the mine for sha…
News
Copper Range prominent in Metall’s healthy profits
Having recently bagged a large U.S. copper mine for $83 million (US), Toronto-based Metall Mining (TSE) has set out to make the most of its investment. With production from the Copper Range mine expec…
Letters to the Editor (September 04, 1989)
Your reply to the query (N.M., Aug 17) concerning Peterson Cobalt Mines struck a chord. I immediately got out my package of sundry mining certificates and found that, yes, I am a shareholder. My label…
Goldcorp buys Wharf shares
Goldcorp Investments, a Toronto-based gold fund, reports acquisition of 219,900 shares of Wharf Resources (TSE), a company which operates a heap-leach mine in South Dakota. Major shareholder of Wharf …
Calpine’s latest drilling fuels market surge
The Vancouver Stock Exchange roared back to life in a frenzy of trading activity sparked by drill results from the Eskay Creek gold project north of Stewart, B.C. The bulk of recent trading involves c…
INSIDER TRADES (September 04, 1989)
Black Cliff — M. Au sold 189,000 (Aug., private) @ 20 cents to hold 87,500. Brewbac — N. Brewster sold 23,621 (July) @ 10 cents to hold 38,592. Cane — Jonpol bought 40,000 (July) @ 9 cents -10…
Managing Canada’s Mines
In the gold mining business it’s not necessary to be big to be successful. It’s the ounces produced that count, says Paul Cregheur, mine manager for Malartic Hygrade Gold Mines. 0000,0500 “For the sa…
Cominco drilling Calnor gold bet
A surface diamond drill program by Cominco Ltd. (TSE) has started on the Spectrum gold property located in the Liard Mining Division in northwestern British Columbia. Cominco has an option to earn a 6…
Bitech to go underground at Nugget Pond property
After outlining a small but high- grade gold deposit on its Nugget Pond property in northern Newfoundland, Bitech Corp (ASE) is set to launch an underground exploration program this fall. Although it …
Northern Miner names new Western Editor
Vivian Danielson has been named Western Editor for The Northern Miner, Canada’s mineral resources newspaper. Danielson, a mining journalist for the past five years, was managing editor for a mining jo…
Eskay Creek area comes alive
Although much of the credit has to go to Murray Pezim and hole 109, a full- fledged outbreak of gold fever has set the stage for a new wave of exploration into northwestern British Columbia’s gold cam…
Exploration under way at Hixon Gold property
Initial line-cutting and detailed geophysical surveys are under way at Hixon Gold’s (VSE) Louvicourt Twp. property east of Val d’Or, Que. Located about 4 km from the Aur/Louvem massive sulphide discov…