Ownership settled at Jasper mine
Now that ownership rights to the northern Saskatchewan claims hosting the Jasper gold mine has been settled, Cameco and Shore Gold Fund (ASE) are moving to bring the property into production by April …
News
Study puts expansion cost for Porgera at $660 million
Studies are complete for a staged expansion of the Porgera gold mine project in Papua New Guinea, taking into account an increase in the capital cost of the project and higher total production of gold…
Geddes tables Windy Craggy impact study
A 2-year study on the environmental impact of developing the remote Windy Craggy copper deposit in British Columbia has been submitted to the provincial government by Geddes Resources (TSE). Situated …
Amax, Coral extend agreement
Amax Gold (NYSE) and Coral Gold (VSE) have extended the date of a proposed agreement relating to Coral’s Robertson heap leach gold property in north central Nevada. The completion date of the joint ve…
Spot prices at a glance (February 19, 1990)
Week’s Price (US) Change Gold*$416.00–$ 3.90 Silver*$ 5.29–$ 0.01 Platinum*$516.10+$ 6.30 Nickel**$ 3.15+$ 0.37 Lead**$ 0.35+$ 0.02 Copper$ 1.05+$ 0.03 Zinc$ 0.62+$ 0.02 Courtesy of Scotiabank. Info…
Metal Prices (February 19, 1990)
FREE MARKET London Metal Exchange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) DateFeb 13Feb 12Feb 9Feb 8Feb 7 Copper1330-13321354-13551359-13601359-1360131…
Noranda, Major Genmeral cut strong gold zones in Nfld
Six recently completed drill holes on the Rendell-Jackman gold property in Newfoundland have yielded good results for partners Major General Resources (VSE) and Noranda (TSE). The holes were testing t…
New Vista directors voted in at meeting
After rescuing the company from the brink of bankruptcy, Vista Mines’ (TSE) newly elected board of directors is attempting to put the affairs of the company back in order. The new 6-member board, incl…
Conwest, MRI deal
Conwest Exploration (TSE) is making a proposal to acquire a 100% interest in two affiliate companies, Mineral Resources International (TSE) and Barons Oil (TSE). Conwest already holds a 50.5% in MRI w…
Pamour assets on auction block
A Toronto-based securities firm has been retained by Giant Resources of Australia to conduct an international auction for the sale of Giant’s Canadian mining assets. Handling the auction will be Deaco…
NO HEADLINE (February 19, 1990)
TEXT: The Committee for Professional Registration of Geoscientists in Ontario is holding an information exchange session March 15 at the Metro Toronto Convention Centre, in Room 205BD. Representative…
Soviet changes provide opportunities for mines
This is the first of a regular monthly column by George Miller, president of the Mining Association of Canada. I recently had the opportunity to visit Moscow and Leningrad to make a preliminary invest…