Continental Mt Milligan
The extent of the low grade porphyry gold-copper system at Continental Gold Corp.’s (VSE) Mt. Milligan project in central British Columbia should be known after the current step-out drilling program i…
News
AN INVENTIVE MIND
“Vaino Ronka is the only guy I know who can follow you into a revolving door and come out ahead of you.” — Alex Herz, Ronka’s business partner. When geophysicists think of fixed-wing airborne elect…
Cominco still adding up profits
Although most base metal producers won’t say how long they expect metal prices to remain strong, the latest financial results from Cominco Ltd. (TSE) suggest the good times are not over yet. Higher me…
Denison committed to uranium
Shareholders of Denison Mines (TSE) heard a familiar story at the company’s annual meeting in Toronto recently. More than 400 shareholders filled the concert hall of Toronto’s Royal York Hotel to hear…
Arsenic levels curb Inco refinery output
Electrolytic nickel production at the Thompson, Man., operations of Inco Ltd. (TSE) will be reduced during the next several months because of processing difficulties, the company reports. Higher than …
50 Years Ago NEGUS POURS GOLD
Yellowknife’s second producer is now on a regular production schedule. A. E. Kipps, consulting engineer, just back from a visit to Negus Mines, tells The Northern Miner that operations are progress…
Sharpe Energy deals with Crude at Mishibishu (April 24, 1989)
With a strengthening of its board and new financing in the wind, Sharpe Energy & Resources (VSE) will ally with Central Crude (TSE) to explore some promising looking ground in Ontario’s Mishibishu gol…
Teck’s 1988 net earnings set record in 75 years of mining
Record cash flow, record earnings, and record gold production highlight Teck Corporation’s (TSE) latest annual report, if viewed only from a financial perspective. But because 1988 represented its 75t…
Pamour Inc. reports $6.5m loss for ’88
It was a disappointing year in 1988 for Pamour Inc. (TSE), which recorded a loss of $6.5 million (54 cents per share) before extraordinary items, compared to a profit of $4.55 million (40 cents per …
First phase oxide mine at Ivanhoe gets green light
With a positive feasibility study now in hand, 50/50 partners Galactic Resources (TSE) and Cornucopia Resources (TSE) are planning to construct an open pit mine at their Ivanhoe property located in th…
Inco miner dies at Shebandowan after rock fall
An investigation has been called into the death of an experienced miner at Inco Ltd.’s (TSE) Shebandowan nickel-copper mine near Thunder Bay, Ont. Renato Brigo of Thunder Bay died in a rockfall on Apr…
Agnico expects to suspend silver production in June
Unless the price of silver increases dramatically from its recent trading price of $5.80(US) per oz, Agnico-Eagle Mines (TSE) plans to suspend silver production in June. After shutting down its three …