Inco retirement plan proves popular
An early retirement program, designed to reduce the workforce at Inco Ltd.’s (TSE) Sudbury, Ont., nickel operations and cut costs, has attracted an overwhelming response from eligible employees. Accor…
An early retirement program, designed to reduce the workforce at Inco Ltd.’s (TSE) Sudbury, Ont., nickel operations and cut costs, has attracted an overwhelming response from eligible employees. Accor…
An engineering medal was recently awarded to John Udd, director of mining research laboratories for CANMET (Canada Centre for Mineral and Energy Technology) in Ottawa, for his efforts in uniting Canad…
Pacific Summa Capital Corp. (PSU:VSE) has changed its name to Pacific Summa Environmental Corp. (PSU:VSE) with a consolidation of capital on a 1-new-for-1-old-share basis. The transfer agent is Montre…
Higher production from the Bousquet No. 2 mine near Malartic, Que., boosted LAC Minerals’ (TSE) total gold production and earnings for the first nine months of the year. LAC reports a net income of US…
The northern Ontario community of Kirkland Lake has been the most popular area in the province this year for OPAP and OMIP grants, the Ontario Ministry of Northern Development and Mines reports. Grant…
Although finding it difficult to raise money these days, “one way or another” Noront Resources (VSE) is determined to proceed with drilling on three of its better-looking projects, President Richard N…
Cominco (TSE) announced it will be operating its zinc refinery at Trail, B.C., at 90% of its 300,000-ton-per-year capacity. The company also announced that further cutbacks would be considered, “if wo…
Owners of the Crow Butte uranium mine joined their guests for a tour of operations and a country-style celebration to mark the Oct. 17 official opening of the mine, four miles from this prairie commun…
ALUMINUM: MW U.S. market US54.75-55.50 cents per lb. (Oct. 24, 1991). ANTIMONY: New York dealer US82-84 cents per lb. (Aug. 8, 1991). BISMUTH: New York dealer US$3.10-3.20 per lb. (Sep. 26, 1991). CAD…
Maintaining its trading momentum during the week ended Nov. 5 was Societe d’Exploration Miniere Vior, which announced plans to raise up to $500,000 through a private placement. The proceeds will be us…
Ongoing drilling by Westmin Resources (TSE) is continuing to return high-grade results from the Gap zone discovery area on the Myra Falls mine property near Campbell River, B.C..T The latest hole, 15-…
A $4-million exploration drive by Falconbridge on Royal Oak Mines’ (TSE) base metal property 20 miles west of Sudbury, Ont., has turned up encouraging mineralization almost two miles away from a known…
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