Silverado, Amax Gold consider joint venture
Silverado Mines (VSE) says it has reached an “understanding” with Amax Gold (NYSE) for further development of the Grant mine/ Ester Dome project near Fairbanks, Alaska. Assuming the agreement is forma…
News
Nelson conference reflects interest in Kootenay
If the turnout at the Kootenay Exploration and Mining Conference in Nelson is any indication, there is plenty of interest in the exploration potential of the Kootenay region. The conference was sponso…
Power to pay shares for Moss properties
An agreement has been signed between Moss Resources (ASE) and Power Explorations (TSE) that will see Moss transfer all its property interests in projects jointly held with Power, to Power in return fo…
What’s New Mining Pump
A new diaphragm pump is now available from Warren Rupp of Mansfield, Ohio. It features self-priming; explosion-proof construction; low internal velocities, easily handling abrasive viscous material; a…
Stainless steel growth boosts chromium
The strong growth in stainless steel applications has nickel producers smiling, but it’s good news for chromium producers too. Chromium consumption rose 30% in 1988 compared with the previous year. Th…
Vancouver Stock Exchange Gains small on a sluggish market
Low gold prices, high interest rates, brokerage month-end and general pre-budget jitters were keeping investors on the sidelines here at press time, as was the case in most equity markets in Canada. A…
Editorial On the winning side
If mining companies want to stay on the right side of environmental issues, they’re going to have to put a little more effort into it. The right side, of course, is the side that wins. And it seems …
Placer Dome to develop Granny Smith
A decision has been made by Placer Dome (TSE) to develop its Granny Smith project near Laverton, Western Australia. Placer Pacific, its 75.8%- owned Australian subsidiary, holds a 60% interest and wil…
Return on assets ensures profitable year for Metal
The broad portfolio of resource assets held by Toronto-based Metall Mining (TSE) provided a healthy return during the company’s first full year of operations. The 62%-owned subsidiary of German metals…
Canamax bids for 100% of Ketza
Toronto-based Canamax Resources (TSE) has eliminated some of the uncertainty surrounding the Ketza River gold mine by agreeing to acquire partner Pacific Trans- Ocean Resources’ (TSE) 50% stake in the…
Restigouche may be next base metal mine in N.B.
New Brunswick’s fourth base metal producer could go into production this fall if negotiations involving Marshall Minerals (ASE) and East West Caribou Mining are successful. Toronto-based Marshall has …
FINANCING (May 01, 1989)
ONTARIO Chieftain Int’l — final rec iss offer 8,250,000 @ $13.50(US) to net $107,476,875(US). VANCOUVER Bunker Hill Mng — opt exerc on 700,000 @ $3 per sh. Jacqueline Gold Corp — opt exerc on 100,0…