Uranium symposium (February 13, 1989)
The Uranium Institute’s 14th annual symposium will be held in London, England, on Sept 6-8. Papers on a relevant area of experience and attendance at the symposium may be included. For more informatio…
News
Bissett mine sale revised
By mutual agreement, Cassiar Mining Corp. (TSE) and Rea Gold Corp. (TSE) have agreed to revise the terms of a letter of intent that will result in the sale of the Bissett gold mine and mill located at…
Yellow Band earning property interests
Options to acquire an interest in two properties in the Dolbeau area of Quebec have been acquired by Yellow Band Resources (VSE). Under an agreement with Sphinx Mining (ME), Yellow Band may acquire a …
Ican probes beneath Racey gold property
The first results from a winter drill program at Ican Minerals’ (TSE) Racey gold property in Oregon have just been released. After completing 30 holes before Christmas, Ican has two drill rigs on site…
Share prices of Dickenson, Kam-Kotia up sharply after Corona
Prices for the B shares of Dickenson Mines (TSE) and the common shares of Kam-Kotia Mines (TSE) jumped sharply following the announcement of a proposed takeover bid by Corona Corp. (TSE). At the close…
Magnacon project on schedule
Mine development at the Mag- nacon project in the Mishibishu area is proceeding on schedule, partners Muscocho Explorations (TSE), Windarra Minerals (TSE) and Flanagan McAdam Resources (TSE) say. Loca…
Montreal Exchange Market races on
The market continued to gather strength this past week, although the resources sector seemed to lose some of its steam in a mixed-trading performance; the mining and minerals index closed up 13.5 pts….
Biron Bay deal
Biron Bay Resources (ASE) has entered into an agreement with NovaGold Resources (TSE) which will give the company the right to acquire an interest in NovaGold’s Summit gold property in New Mexico. The…
Malartic, Barrick agree to new exploration deal
Mining operations on the Malartic Hygrade Gold Mines (Canada) (VSE) Orion gold property near Val d’Or, Que., are to be extended. .T An agreement extends the portion of the Malartic property being m…
Petromet lawsuit
Petromet Resources (TSE) has started a legal action against Middlefield Resource Fund 1988 Limited Partnership II and its management groups. Petromet alleges that Middlefield agreed to purchase Petrom…
People (February 13, 1989)
ABERMIN — Christopher A. Serin appointed executive vice-president and chief operating officer. Roger P. Taylor who has served as president and chief executive officer since inception in 1985 has resi…
Cyprus acquires interest in Mexican silver mine
Cyprus Minerals Company (NYSE) recently acquired a 49% interest in Minero Cerro San Pedro S.A. de C.V., owner of a silver mine 100 miles north of Guadalajara, Mexico. The mine, which is held in a subs…