Renewed interest in base metals greets 1990s
Long-awaited signs of a significant renewal in the amount of base metal exploration activity in Canada have appeared just as a new decade gets under way. Senior and junior mining companies alike are p…
News
Effects of 1989 restructurings kick in as 1990 gets under way
As a new decade gets under way, it is certain that last year’s wave of mergers, acquisitions and corporate restructuring efforts will begin to take effect on a number of mining companies. The mining i…
Radisson, Augmitto deal could lead to production
A 75% interest in the Beauchastel gold project, owned by problem- plagued Augmitto Explorations (TSE), will be acquired by Radisson Mining Resources (ME). Under the terms of an agreement, Radisson has…
Editorial An old view on free trade
Henry George, an ardent American proponent of free trade 100 years age, made these comments which still hold meaning today: It might be in the interest of lighting companies to restrict the number a…
Deak drilling (January 08, 1990)
A drilling program is under way at the Aldermac group of base metal properties near Rouyn-Noranda, Que., Deak Resources (TSE) reports. A minimum 15,000 ft. of drilling will be conducted by Feb. 28, ut…
Alberta Stock Exchange Investors stay away (January 08, 1990)
It was all quiet on the Alberta front this week as investors seemed reluctant to shrug off their New Year hangovers and return to the business of buying and selling resource stocks. As a result, the w…
Hecla breaks off talks with Alta
Discussions over a possible business combination between Hecla Mining (NYSE) and Alta Gold (NASDAQ) have been discontinued. The companies had signed a letter of intent to consider various transactions…
GOLDFUNDS (January 07, 1990)
MVP BGR Central Net value $9.52 $5.40 Price $8.13 $4.900 Discount 14.60% 9.3% Value $56,655,075 $82,439,070…
NEWS IN BRIEF AFOC maps local mining claims
The Bureau of Mines’ Alaska Field Operations Center (AFOC) is making location maps of mining claims in the state. Active and historical mining claims have been plotted on mylar overlays on a U.S. Geol…
FINANCING (January 07, 1990)
Founder Resources Inc — 910,000 units offered at 45 cents per unit. Pricam Explorations Inc — 700,000 shs offered at 35 cents per sh with a minimum subscription of 700,000 shs required.
Essays on mine planning, design
This collection of proceedings, delivered at a conference organized by the University of Calgary in Alberta, covers mine planning, mine design, production technology and geotechnical engineering for s…
Rhyolite sees Texada production in ’91
A plan to bring Rhyolite Resources back to life should result in gold production in the new year. The company plans to bring its gold-copper property on Texada Island in British Columbia back into pro…