News

Cominco funds nickel smelter rehabilitation

Cominco Resources’ (TSE) wholly-owned subsidiary, Cominco American Resources, has approved funding to rehabilitate the smelter at the Glenbrook nickel facility in Riddle, Ore. Glenbrook Nickel, a 100%…


Glen Auden/Placer sign agreement

Glen Auden Resources (TSE) has signed a letter of intent giving Placer Dome (TSE) the right to earn a 51% interest in Glen Auden’s Verse Lake property near Timmins, Ont. Placer can earn its interest b…


Metal Prices (June 05, 1989)

FREE MARKET London Metal Exchange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date May 30 May 29 May 26 May 25 May 24 Copper 1696-16…


Editorial Passing grades for environmental policy

The Mining Association of Canada gets a B for its new environmental policy unveiled at the association’s recent annual meeting in Ottawa. It gets good marks for effort, but somewhat less for content. …



Zinc Boosts Conwest’s earnings

Conwest Exploration (TSE) is dealing in a new commodity, president and chief executive officer John Lamacraft told shareholders at the annual meeting. “It’s called zoil, that’s zinc and oil, and it’s …


Dome Mountain back on track to production

Stalled for years by disputes, arbitrations, and lawsuits, the Dome Mountain gold project near Smithers, B.C., is back on track under the terms of a new joint venture agreement involving Teeshin Resou…


Sherritt acquires titanium equipment

Equipment and related technology which can be used to produce titanium and titanium alloy powders have been acquired by Sherritt Gordon (TSE). The company says it will be able to develop a new line of…



Magnacon project in break-in phase

The Magnacon gold project in northern Ontario suffered a couple of weeks delay but it is up and running and precipitating gold, said a spokesman for Muscocho Explorations (TSE). Steve Brunelle, vice-p…


Jascan, Atlantic resolve differences with new deal

Toronto-based affiliates Jascan Resources and Atlantic Goldfields (COATS) recently resolved their differences after internal squabbles threatened to develop into a hostile control battle. The two comp…


Journalist’s goal is to help investors

It’s encouraging to note that being supported by such advertisers as Albert Applegath has not prevented The Northern Miner from taking controversial editorial positions (see “Vancouver’s successes ove…


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