Savanna Resources Sept 29
A number of different companies have taken a look and then walked away from Savanna Resources’ (ASE) Turner Albright polymetallic project in southern Oregon. Noranda Exploration, for example, optioned…
News
LAC doubles Toqui reserves
LAC Minerals (TSE) has expanded reserves at its Toqui zinc mine 1,000 miles south of Santiago, Chile. Drilling has confirmed the continuity of the pollymetallic Dona Rosa deposit southwest of the mini…
Placer makes commitment to become juniors’ partner of choice’
Already one of the world’s largest gold producers, Placer Dome (TSE) brought on stream four new gold mines in the first half of 1989. Construction of a fifth mine is progressing, and two other large-s…
Victoria directors
New directors have been named to the board of Victoria Graphite (COATS), which is exploring a graphite property near Portland, Ont. The current directors are Armin Klein, Bernard Shinder, J. J. Elkin …
Sale of Nevada gold bet considered by United Mng
Strong gold mineralization has been encountered in a Carlin, Nev., property held by United Mining and Westmont Mining. According to United Mining President Timothy Collins, a number of intersections, …
Acadia board in state of flux
A shakeup is in the works at Acadia Mineral Ventures (TSE) which could cost President Donald Smith his job. Before the company’s annual meeting in Toronto could be properly constituted, Smith announce…
Vancouver Stock Exchange Investors await market direction
With economic ambiguity still the order of the day, nervous investors have been staying on the sidelines since the Oct 13 market drop. But this week’s small rally in gold prices did generate a new flu…
Norther Quebec focus of 1990 CIM symposium
A symposium on 60 years of exploration in the polymetallic belt of northern Quebec will be held in Rouyn-Noranda, Que., May 28- June 1, 1990. It is sponsored by the geology division of the Canadian In…
IMM catalogue
The Institute of Mining and Metallurgy has released its new 1989/1990 publications catalogue, copies of which are now available free of charge to interested readers. The IMM is a professional associat…
Gold boom
During the gold boom which reached its peak in August, 1987, few juniors had the foresight to begin scouring the landscape for promising base metals properties. Copper was dead and not a soul in his r…
Inco, Noranda officers cash in shareholdings
A group of four executives at Inco Ltd. (TSE) and Noranda Inc. (TSE) made substantial amounts recently by unloading some of their holdings in the Toronto-based resource companies. According to the Ont…
Law firms merge
Two Canadian law firms which specialize in natural resources and other areas — Toronto-based Smith, Lyons, Torrance, Stevenson & Mayer and Vancouver-based Angus, McClellan, Rubenstein & Haslam — mer…