Dickenson buying plant from Kam-Kotia Mines
Goldcorp Investments (TSE) and Dickenson Mines (TSE) have entered into an agreement in principle whereby Dickenson will buy the sodium sulphate division of Go ldcorp’s wholly owned subsidiary Kam-Koti…
News
Aur begins to get handle on Louvem sulphides bet
The latest drill holes to be released from the Louvicourt Twp. massive sulphide discovery east of Val d’Or, Que., indicate that the deposit is opening down pl unge and in an easterly direction. That i…
NOTE: add to end of Crown Butte story:
Crown Butte recently said that it had elected not to proceed with the previously announced public financing. Instead it arranged a private placement in the am ount of $2,150,000 consisting of special …
McNellen drills Mount Foley copper (September 25, 1989)
Assay results were released by McNellen Resources (VSE) for the first three holes drilled on its Mount Foley copper-silver-gold project east of C hilliwack, B.C. The first hole returned 15.2 ft of 0….
RTZ and BP terminate Olympic Dam agreement
London-based RTZ Corp. and British Petroleum have agreed to terminate agreements relating to the proposed assignment to RTZ of BP’s 49% inter est in the Olympi c Dam copper/uranium mine in South Austr…
Camreco needs $4.5 million for Goldlund
Initial results of a final feasibility study indicate that at least $4.5 million would be required to re-open the former Goldlund mine owned by Camreco Inc. ( TSE) in northwestern Ontario. The past-pr…
Orcana to earn in on East Sullivan
Toronto-based Orcana Resources (VSE) recently optioned 18 claims adjoining the northern boundary of the East Sullivan base metal property near Val d’Or, Que. Situated west of the Aur Resources (TSE)…
Noranda, Trelleborg succeed in offer for Falconbridge
The bidding is officially over and Noranda Inc. (TSE) and Trelleborg AB of Sweden are the new owners of nickel producer Falconbridge Inc. (TSE). The partners report more than 95% of the outstanding co…
Can-Mac Sept. 15
Initial underground sampling of the Mon gold property by Can-Mac Exploration (VSE) has returned high grade gold values which exceed original estimat es, the co mpany says. Acquired from Cominco Ltd., …
Native groups support development plans for Eskay Creek
Officials of Calpine Resources (VSE) recently met with British Columbia native groups and officials from the Department of Indian and Northern Af fairs to discuss development of the Eskay Creek gold p…
Phelps Dodge eyeing Canadian projects
After recently establishing a new regional office in Toronto, Phelps Dodge of Canada is gearing up to become more active in the Canadian mining scene. The company is a wholly owned subsidiary of Phelp…
McNickel sheds 25 cents COATS (over-the-counter)
A sell-off involving the shares of Toronto-based McNickel Inc. continued again this week. The McNickel issue shed 25 cents to close at $1.25 after a total of 3 1 transactions took place on a volume…