News



News in Brief (July 17, 1989)

Goldways Resources Inc. (GWY:VSE) has subdivided the company’s common shares on a 4-new-for-1-old share basis. Transfer agent is Montreal Trust Company.


Editorial Medals of bravery

There are few occupations where one relies on fellow workers in times of emergency to the same extent miners do. There are the everyday tasks done with the safety of others in mind and there are the f…


Spot prices at a glance (July 17, 1989)

Week’s Price (US) Change Gold* $379.50 +$ 1.10 Silver* $ 5.25 –$ 0.01 Platinum* $508.50 +$ 0.40 Nickel** $ 5.44 –$ 0.09 Lead** $ 0.31 +$ 0.01 Copper- …


Echo Bay, Zahavy deal

Echo Bay Mines (TSE) has acquired the option to earn a 50% interest in the Favourable Lake gold property owned by Zahavy Mines (ASE). Situated north of Red Lake, Ont., the property was last explored b…


Oneida exploring its Mishibishu properties

Oneida Resources (VSE) is exploring its Maple Lake property in the Mishibishu Lake area west of Wawa, Ont. Work is focusing on the Pete vein, which was discovered by Oneida last year. This work includ…


Shamrock building mobile bioleach plant

As part of a program to demonstrate the commercial viability of bioleaching refractory ores, Shamrock Resources (VSE) is building a mobile bioleach demonstration plant that will be made available to o…


Editorial Tax grab hurts everyone in the long run

Intransigence on the part of British Columbia’s government over water licence rentals has led to the cancellation of a $130- million expansion of Cominco’s zinc refinery at Trail, B.C. Besides creatin…


INSIDER TRADES (July 17, 1989)

Belore — Merbank Capital sold 100,000 (June, private) @ 25 cents to hold 400,000. Dundee-Palliser — S. Fenton sold 54,500 (May, amended) to hold 1,500. Gldn Tanager — H. Hodge bought 500,000 (June)…



Ansil copper mine up and running

Celebrating the 25th year of its Lac Dufault division, Minnova Inc. (TSE) has officially opened its Ansil copper mine near here. The relatively rich massive sulphide copper deposit, which also hosts z…


By continuing to browse you agree to our use of cookies. To learn more, click more information

Dear user, please be aware that we use cookies to help users navigate our website content and to help us understand how we can improve the user experience. If you have ideas for how we can improve our services, we’d love to hear from you. Click here to email us. By continuing to browse you agree to our use of cookies. Please see our Privacy & Cookie Usage Policy to learn more.

Close