Meeting will focus on mineral economics
The 5th Minerals Economics Symposium, a bi-annual meeting sponsored by CIM (Canadian Institute of Mining and Metallurgy), is set for Jan 24-26, 1989, at Toronto’s Westin-Harbour Castle Hotel. The symp…
News
Pezim consolidating control of Delware and SNIP project
Just how serious Murray Pezim is about keeping control of Delaware Resources (VSE) has become more than evident. Several companies in his Prime Capital Group have announced plans to purchase Delaware …
People (June 06, 1988)
Royex Gold Mining Corp – Peter McBride appointed director, public and investor relations and Igor Levental, director, acquisition and evaluations…
Wawa area survey results released by Ont. ministry
The result of a recently completed airborne geophysical survey covering an area of 4,000 sq km surrounding Wawa, Ont., have been released, Mines Minister Sean Conway said recently. “These are the firs…
Byron Creek coal sale will double production
A major coal sale to the Japanese steel industry by Byron Creek Collieries, a unit of Esso Resources Canada, will lead to a doubling of production at its mining operation near Sparwood, B.C. Up to 100…
Euro-Nevada acquires Marigold interest
Euro-Nevada Mining Corp. has entered into an agreement for the acquisition of a 3% net smelter return on the Marigold mine near Battle Mountain, Nev., fo r $2,187,500 (US), decreasing to 1.75% nsr aft…
VSE halts Carter/Ward stocks until management changes made
A number of companies associated with promoters David Ward and Edward Carter have been halted by the Vancouver Stock Exchange until management changes are made. The VSE contends their continued associ…
Windarra planning major exploration
Windarra Minerals (VSE) reports that its initial private placement with Hemlo Gold Mines (TSE) has been completed. The placement consisted of two million shares at $2 per share, providing $4 million t…
St. Genevieve Res. reports loss in ’87
A net loss of $3.8 million (47 cents per share) was reported by St. Genevieve Resources (ME) during 1987, compared with a loss of $11,980 (1 cents per share) for the previous year. The company attribu…
Echo Bay completes Muscocho acquisition
Edmonton-based Echo Bay Mines (TSE) has completed the purchase of $23.5 million in convertible debt securities of Muscocho Explorations (TSE), Flanagan McAdam Resources (TSE) and McNellen Resources (V…
Cambior earnings up
First-quarter earnings jumped 16.3% compared with the same period in 1987, Cambior Inc. (TSE) reports. Net earnings were $3.6 million (15 cents per share) on revenue of $26.6 million, compared with $…
Eastmaque signals trend by recovering gold from tailings
Officials cut a ribbon here May 31 to open the country’s first commercial tailings re-treatment project. About 60 people were on hand to help Eastmaque Gold Mines (TSE) celebrate the occasion. With si…