Halfmile property completes claim puzzle
When Noranda (TSE) and Trelleborg teamed up last year to buy base metal miner Falconbridge Ltd., the two multinationals got more than nickel mines and the Kidd Creek mine in northern Ontario. They als…
News
Deep drilling cuts good gold grades at Upper Beaver
Recent drilling by Pamorex Minerals (TSE) on the old Upper Beaver mine property, north of Larder Lake, Ont., has intersected a zone averaging 1.4 oz. gold per ton (uncut) over 21.2 ft. at a vertical d…
Bonanza’s drilling intersects new Poirier sulphide horizons
Bonanza Metals (ASE) says it has intersected some encouraging new sulphide horizons during recent drilling on the western half of its Poirier zinc-copper property near Joutel, Que. Forbex Resources (M…
RFC increases reserves at Pend Oreille zinc project
RFC Resource Finance (TSE) says it will soon be in a position to make a production decision at the old Pend Oreille zinc mine project, 55 miles south of Trail, B.C. All the necessary field studies hav…
Placer’s output surpasses 1 million o\.
With a 43% increase in gold production to a record 1,183,000 ounces, Placer Dome (TSE) surpassed the 1- million-oz. level for the first time in 1989. However, the company’s consolidated 1989 net earni…
Reserve estimate due soon on Glimmer bet
Glimmer Resources (VSE) says it should soon have a preliminary estimate for the overall tonnage and grade of a gold zone on its property held jointly with Noranda (TSE) in Beatty and Hislop twps., Ont…
Letters to the Editor Director defends Latin American session
As a director of the Prospectors and Developers Association of Canada and a member of its convention committee, I must challenge your recent editorial “Focus on Canada’s potential” (T.N.M., March 19/9…
Normetal, La Sarre deal with Cominco
Affiliated companies Normetal Mining (ME) and La Sarre Mining (ME) have struck a deal with Cominco (TSE) to fund exploration on the former companies’ claims adjoining the past-producing Normetal coppe…
SMA fights hazards
The Saskatchewan Mining Association (SMA) has recently announced an environmental policy as it stresses the importance of its contribution to economic growth in the province. The policy, endorsed by a…
Tyranex Gold fears Rockford takeover
Management at Tyranex Gold (COATS) fears that an application made against them by Rockford Minerals (TSE) in the Supreme Court of Ontario will lead to a takeover by Rockford. The application has been …
Editorial Fiduciary incantation
It is highly unlikely that anyone involved in the Canadian mineral exploration business during the past few years has not heard of fiduciary duties. The term was made famous during the LAC-Corona laws…
Obituary Theo Parr
Theo Parr, retired vice-president and director of Ingersoll-Rand Canada, died in Cuernavaca, Mexico, March 7. He was 84. Throughout his career, Parr actively promoted the sale of indus0000,0600 trial …