Editorial Inspiration from the past
It is highly appropriate that Norman Keevil Jr. took the opportunity of addressing the Canadian Mining Hall of Fame’s annual induction banquet to announce Teck Corp.’s intention to stimulate research …
Articles by Northern Miner Staff
Photo by George Onuska (January 15, 1990)
Head table guests at the annual dinner of the Canadian Mining Hall of Fame were, from left, Lionel Kilburn, Richard Gardner, Norman Keevil Jr., Viola MacMillan, Maurice Brown, Robert Ginn and John Laf…
Northfield completes private placements (January 15, 1990)
Toronto-based Northfield Minerals (ASE) says a private placement of 250,000 common shares to affiliate Northfield Capital (COATS) was completed recently. According to Northfield Minerals, it has raise…
Coral cuts deal with Amax
Funding for further development and exploration of the Robertson gold property in Lander Cty., Nev., owned by Coral Gold (TSE), appears to be close at hand. Amax Gold (NYSE) has signed a letter of int…
News in Brief (January 15, 1990)
Coin Lake Mines has changed its name to United Coin Lake Gold Mines (UCM:TSE) on a 1-new- for-2-old-share basis. Transfer agent is Central Guaranty Trust Company.
Breakwater makes offer to acquire El Mochito
Gold producer Breakwater Resources (TSE) has announced plans to acquire all the outstanding shares of American Pacific Mining (TSE) which owns and operates the profitable El Mochito polymetallic mine …
Claude extends work program at Seabee
Exploration work on Claude Resources’ (TSE) Seabee gold deposit in northern Saskatchewan is expected to lead to a production decision by May, the company says. The current exploration program, which b…
FINANCING (January 15, 1990)
Major General Res — 500,000 offered @ $1.50 per unit. Team Res — 700,000 offered @ 70 cents per sh. Ber Res — 300,000 com & 300,000 flow- through offered @ 40 cents per sh. Forbes Res — min 650,0…
Toronto Stock Exchange Indices (January 15, 1990)
1989 Jan. 9 Jan. 8 Jan. 5 Jan. 4 Jan. 3 HIGH LOW Composite “300” 3952.353971.073990.374000.914009.474009.473952.35 Metals & Minerals 3344.403359.213399.973453.053452.903453.053…
Mazarin drilling at 3 properties
A $650,000 exploration program involving 25,000 ft. of drilling is under way on three properties in Quebec’s Abitibi region, Societe d’Exploration Miniere Mazarin (ME) reports. Work at the Wilco prope…
Placer Dome adopts shareholders rights plan
A “poison pill” shareholders’ rights plan has been adopted by the board of Placer Dome (TSE) to block possible hostile takeovers that do not treat all shareholders equally and fairly. Fraser Fell, cha…
B.C. prospecting course offered
Cowichan Lake, Vancouver Island, will once again be the scenic setting for the advanced prospecting course offered by the British Columbia Ministry of Energy, Mines and Petroleum Resources. The 14th a…