Hillman increasing Cal Graphite stake
A minority shareholder of Cal Graphite (VSE) is planning to increase its holdings in the junior to more than 15%. Wilmington Securities, a Delaware subsidiary of The Hillman Co., controlled by Pittsbu…
News
Hottest base metal (December 25, 1989)
It’s being called the hottest base metals discovery since Kidd Creek and the Louvicourt Twp., Que., find of joint partners Aur Resources (TSE) and Societe Miniere Louvem (TSE) brought a sluggish June …
Letter to the Editor Don’t fix The Miner becaus it ain’t broke’
Before The Northern Miner becomes “Southamized,” I feel that those of us who have spent a lifetime in or associated with the mining industry owe the Pearce family a special vote of thanks for a job we…
Imperial feasibility for Mt. Polley due March
By March, 1990, Imperial Metals Corp. (TSE) expects to have in hand a completed full feasibility study for the Mount Polley copper- gold project, 56 km northeast of this community in British Columbia’…
Jan 1, 1990
It was no secret that Alf Powis and Noranda Inc. (TSE) wanted Falconbridge Ltd. Noranda had been foiled once before in a takeover bid for the free world’s second largest nickel producer and its lucrat…
Toronto Stock Exchange Major indices advance on stable commodity
All the main mining indices firmed today, Dec 20, a trend which was reflected in the composite’s gain of 4.35 points to close at 3920.15 points. Both metals and minerals and gold and silver registered…
Metall Mining boosts earnings
Income before extraordinary items of $26.7 million (71 cents per share) for the 9-month period ended Sept 30 was reported by Metall Mining (TSE), compared with $18.1 million (48 cents per share) for …
Books in Review Northern Miner to publish new edition of Mining
In early 1990, Northern Miner Press Inc. will publish a 144-page book entitled Mining Explained: A Guide to Prospecting and Mining, the sixth edition of a reference publication that first rolled off t…
Equity drops option on Bitech’s Nugget Pond gold property
Although Bitech Corp.’s (ASE) Nugget Pond gold property in northern Newfoundland hasn’t lived up to the mine-making criteria of Equity Silver Mines (TSE), Bitech still believes the small deposit could…
People (December 25, 1989)
ALBAN EXPLORATIONS — Robert Miller has joined the company as a management advisor.
Editorial Commercializing Christmas
As Christmas shoppers rush from store to store, who can fail to lament the commercialization of the holiday season? Somehow the spirit of giving has been lost since the Magi bore their gifts of franki…
Base metals demand not expected to fold
During the 10-year period 1978- 88, South Africa’s Krugerrands (and other gold coins) went from accounting for 84% of the gold used in the production of gold coins to 13%. The Gold Institute of Washin…