Noront trims down Grubline holdings
The 6,800-claim Grubline joint venture of Noront Resources (VSE) and Noranda (TSE) in central Newfoundland is being reduced in size by nearly 50% as the partners narrow their focus to concentrate on t…
News
Abermin bankruptcy unavoidable
Cash-strapped Abermin (TSE) recently announced bankruptcy under provisions of the Bankruptcy Act with Deloitte & Touche appointed as trustees. Company management had attempted for some time to refinan…
The Anhydrite Alternative
Current research at the Technical University of Nova Scotia (TUNS) Mining Engineering Dept. will soon determine the potential of anhydrite, the dehydrated form of gypsum, for use as an alternative bin…
THE MOVE TO DECENTRALIZE; Ontario’s southern explorationists are
In July, 1986, Ontario Premier David Peterson announced that the Toronto offices of the Ministry of Northern Development and Mines, with the Ontario Geological Survey (OGS) in tow, was to be boxed and…
Epoch, Noranda sign joint venture deal
A joint venture agreement has been signed between Epoch Capital (VSE) and Noranda (TSE) to explore the Burnt Pond base metal property in central Newfoundland. Under the terms of the agreement, Noranda…
MinVen writes off Blackdome, but gold production continues
Denver-based MinVen Gold (TSE) has written down the carrying value of its Blackdome gold mine near Clinton, B.C., and is also looking to sell its one-third interest in the Golden Reward mine near Lead…
SUPPLIER’S NOTES (April 02, 1990)
Bailey Controls Group, through parent Elsag, has acquired a controlling interest in the Industrial Controls Division of Schlumberger Industries of France. A new company, Bailey SEREG, has been formed …
CONE CRUSHERS
Long ago stamp mills gave way to more refined crushing units. Today, there is a full range of primary and secondary crushing systems. Cone crushers for the mining industry are generally relegated to s…
Alberta Stock Exchange Northfield up 20 cents
Northfield Minerals moved up 20 cents to $1.70 after announcing it has finalized a deal to acquire control of the Cheminis gold mine property near Kirkland Lake, Ont. An underground development and ex…
NORTH RIM NICKEL; INCO’s Lower Coleman and East McCreedy orebodies
Not much has changed here in at least the past 10 years, and it certainly doesn’t look like a boom town. Nevertheless, Levack, Ont. is the hot-bed of mine building in Canada today. More money is being…
TVX has projects in Latin America
Recently you published an article regarding the possibility of new opportunities for Canadian mining companies in Latin America (T.N.M.,March 19/90). With the largest investment in Latin America of an…
For the Record
Every corporation and virtually every person keeps records, both personal and business. In fact, in today’s society there is a tendency to make multiple copies of everything and to put them in “the fi…