Equinox options Van Stone mine
Already a gold producer through its minor interest in the Buckhorn mine in Nevada, Equinox Resources (TSE) has secured an option to buy 100% of the Van Stone lead-zinc mine in Washington State. The fo…
News
Thermal Sept 20
A partnership between Western Copper Holdings, a wholly owned affiliate of Teck Corp. (TSE) and Thermal Exploration (ASE), has been organized to examine the mine-making potential of the Williams Creek…
Metal Prices PRODUCER PRICES (October 02, 1989)
ALUMINUM: MW U.S. Market US76.25 cents – 78.25 cents per lb. (Sept 21, 1989). ANTIMONY: New York dealer US94 cents -98 cents per lb. (Sept 14, 1989). BISMUTH: New York dealer $4.75-$4.85(US) per lb. …
KIERENS
e small, 250-ton-per-day (230- tonne-per-day) Kierens gold mine, near Malartic, Que., could become slightly larger if a feasibility study on the adjoining Norlartic property pans out. Aur Resources, …
Inco reports Snow Lake reserves
A new reserve calculation has been completed by Inco Gold, a wholly-owned affiliate of Inco Ltd. (TSE) for the former producing Snow Lake gold mine in Manitoba. Held under option from High River Gold …
Innovations VERTICAL RETREAT
Back in the early 1980s, Inco was losing $2 million a day. The company had to find ways to cut costs and improve productivity. It did, and the single biggest factor was a shift to vertical retreat min…
50 Years Ago BASE METALS DEAL INVOLVES ALL CANADIAN PRODUCERS
By the end of this week it may be possible to conclude and announce a new deal on Canadian base metals in which all Canadian producers, not simply the “big four,” will participate. In Ottawa, a confer…
Int’l Coast completes study on Polish project
Although risk factors concerning the political environment were n’t taken into account, International Coast Minerals (VSE) has received a positive pre-feasibility study by Wright Engineers for its pro…
50 Years Ago SULLIVAN RESERVES RISE BY 50%
A gain of more than 50% in tonnage and in total value of ore reserves is reported by Sullivan Consolidated Mines as a result of the excellent results of development work on the new deep levels during …
American Pacific boosts earnings
Now that access has been gained to higher grade ore at the El Mochito polymetallic mine in Honduras, American Pacific Mining (TSE) is reporting a substantial increase in production and earnings. The N…
50 Years Ago UPPER CANADA MINES STARTS UP MILL
Upper Canada Mines announced this week in a letter to shareholders that its new, 150-ton mill (near Kirkland Lake, Ont.) is ready for turning over. It was expected that operations would begin Oct 5. O…
Placer Dome to explore Wheaton River
Although still subject to shareholder and regulatory approvals, Placer Dome (TSE) has secured an agreement allowing it to explore and develop a large land package held by Skukum Gold (VSE) in the Whea…