News

Falco Gold posts good second quarter

Falconbridge Gold Corp. (TSE) should achieve gold sales this year of roughly 90,000 oz, a figure that puts it squarely within the ranks of this country’s tier two gold players. Normal production from …


Alberta Stock Exchange Gold Vessel ahead

While volumes were down substantially from levels seen during the last two weeks of July, there was still plenty of action to consider this week on the Alberta Exchange. The Gold Vessel issue, which h…


Earnings up 27% for M.A. Hanna

Net income from operations for M.A. Hanna (NYSE) reached a record level of $20.9 million(US) or 74 cents per fully diluted share in the quarter ended June 30. The Ohio-based company said this represe…


Earnings Report (August 07, 1989)

Teck Corp. (TSE) recorded a net earning of $25 million or 31 cents per share in the quarter ended June 30. In the same quarter of last year Teck’s earnings were $20.9 million or 26 cents per share. R…


Nuclear fuel conference

The International Conference on Nuclear Energy will be held Oct 15-17, 1989 in Charleston, S.C. Nuclear fuel production, inventories, supply and price trends will be among the topics of discussion.


Safest mines in the U.S. honored

The safest mines in the United State were honored recently with the “Sentinels of Safety” award presented by the American Mining Congress and the Department of Labor. To qualify for the award a mine m…


Silidor partners plan 1990 opening

The joint venture Silidor gold project three miles west of Rouyn- Noranda, Que., is scheduled to enter production in January, 1990. Partners Noranda Minerals, Cambior Inc. (TSE) and Nova-Cogesco Resou…


Exploration under way at High Frontier bets

Vancouver-based High Frontier Resources (VSE) continues to expand its land position near the massive sulphide discovery east of Val d’Or, Que., by Aur Resources and Societe Miniere Louvem. So far, Hig…


Mine finance meeting

A mining finance conference will be held Oct 30 in London, England by the Institution of Mining and Metallurgy. The one-day meeting will discuss recent developments in gold loans, Canadian exploration…


Newfoundland exploration bolstered by majors

Although it’s not as hectic as last summer, Newfoundland’s mineral exploration industry is enjoying another healthy season thanks largely to major mining companies who have firmly established their pr…


Watts, Griffis wins contract

A $7-million contract has been awarded to Watts, Griffis and McOuat, a Canadian geological consulting company by the Ministry of Petroleum and Mineral Resources of Saudi Arabia. A team of 15 Canadian …



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