Montreal Exchange Aur/Louvem deal off
Fears of inflation and rising interest rates acted to put a damper on the stock exchange this week, with the market portfolio off more than 18 pts and the mining and minerals index dropping almost 50 …
News
Magnetic anomaly maps of Nevada
The Nevada Bureau of Mines and Geology has published two new magnetic map sets. NBMG Map 93A is a 1:750,000- scale total intensity magnetic anomaly map of Nevada, compiled from digital data, corrected…
N.B. confident in MDA negotiations (March 27, 1989)
Having negotiated the country’s first Mineral Development Agreement (MDA) with the federal government in 1984, the government of New Brunswick (now under Frank McKenna’s Liberals) is confident a secon…
Letter to the editor The Northern Miner’s role
Would you please provide me, either privately, or through an upcoming issue of your newspaper, with an indication of the role set out by you and or the publishers for The Northern Miner. This question…
Environmental institute could reduce conflicts
The newly-formed B.C. Environmental Information Institute hopes to reduce resources conflict in British Columbia by providing current and accurate information on land use. Letters of incorporation for…
People (March 27, 1989)
ONTARIO MINISTRY OF NORTHERN DEVELOPMENT AND MINES — Ron C. Gashinski appointed manager, mining lands, northeast region, mines and minerals division based in Timmins.
Mazarin reserves
Quebec junior Mazarin Inc. (TSE) reports it will hire an independent firm to proceed with a calculation of reserves at the company’s graphite deposit in the Fermont area of Quebec, by the end of March…
Mimiska gold showing
A new gold showing has been announced by Mimiska Mining (ME) at its Fern Elizabeth property at Atikokan, Ont., 120 miles west of Thunder Bay. A drill hole cut 0.21 oz gold per ton over 29 ft at a dept…
Viceroy impact report bodes well for project
An environmental impact report prepared for Viceroy Resource Corp.’s (TSE) Castle Mountain project in California concludes the proposed operation meets regulatory requirements and has “no significant …
Gold market in short supply: Shearson Lehman Hutton
While some analysts talk of an encroaching oversupply of gold, international investment dealer Shearson Lehman Hutton forecasts 1989 will be marked by a persistent shortage of immediately available ma…
Corona purchase of Piedmont shares expected to increase Haile
A number of majors were in the running, but Corona Corp. (TSE) came out the winner in its effort to strike a deal with North Carolina- based Piedmont Mining (NASDAQ). Corona recently agreed to purchas…
Ontario mining industry set new record for safety
The Mines Accident Prevention Association of Ontario (MAPAO) recently released figures that reveal the lowest accident frequencies ever recorded in the history of Ontario’s mining industry. At the en…