East West ships con from Caribou
A 6,734-tonne shipment of base metals concentrates, containing about $5.5 million worth of zinc, lead, gold and silver, is on its way to England from the Caribou mine in northern New Brunswick. Owned …
News
Book Review Metal’s who’s who handbook
The first edition of the American Mines Handbook, published by Northern Miner Press Limited, is the most comprehensive compilation of “who’s who” in the base and precious metals mining industry in th…
Santa Fe subsidiary developing 100,000 oz gold mine in Nevada
The minerals subsidiary of Santa Fe Southern Pacific Cor (NYSE), whose interests include transportation, real estate, and natural resources, plans to develop a major new gold mine in Nevada. Santa Fe …
Editorial Getting an edge from technology
It’s not good enough for a mining company just to mine anymore. Today in order to prosper a mining company must also be adept at computer processing, be intimately familiar with the world of high fina…
High grade for New Beginnings
High grade grab samples have been assayed by New Beginnings Resources (VSE) from the company’s University River gold property in the Mishibishu Lake area west of Wawa, Ont. Sampling along the Mystery …
Universities seek boost for mineral exploration
A consortium of Canadian universities has proposed a multi- million-dollar project that aims to put Canada back in the forefront of international mineral exploration. Supporters believe the project, c…
News in Brief (March 20, 1989)
Lone Jack Resources has changed its name to Performance Minerals of Canada on a share-forf-share basis.
Noranda, partner report new gold find in Newfoundland
Recent drilling by Noranda Exploration has intersected a significant new gold discovery on the Rendell-Jackman property in north central Newfoundland. The new discovery is located on the Springdale Pe…
Thunder Mountain Nevada properties
Thunder Mountain Gold (OTC, Spokane) acquired extensive mineral rights last year in Eureka, Elko, and Lander Ctys, Nev. The company says several major mining companies have expressed an interest in th…
Correction (March 20, 1989)
NLX Resources (TSE) has not acquired control of Sandy K Mines, a private company as reported earlier (N.M., Mar 6/89). NLX holds a 24% in a silver property near Gowganda, Ont., which is controlled by …
Earnings Report (March 20, 1989)
Uranium Resources (VSE) reports net earnings for the fourth quarter of $983,000(US) or 4 cents per share on revenue of $8.42 million. For the same period a year earlier the company reported a net los…
Doron completes drill program on Yukon gold project
After completing an initial drill program on its 100%-owned Caribou Creek gold property, Doron Explorations (VSE) says it has outlined a mineral horizon over a strike length of 500 ft that is still op…