News

Positive Displacement Pump

A positive displacement pump designed for longer life when pumping abrasive, high-viscosity fluids is offered by Robbins & Myers Canada. Called the R&M 1000, the pump’s processing cavity design has no…


Books in Review (August 28, 1989)

This is the first book to situate the Canadian mineral trade and Canada’s changing status as a resource exporter and importer within the context of the ongoing debate over strategic minerals. As such,…


Earnings Report (August 28, 1989)

Echo Bay Mines (TSE) posted a net profit of $7 million(US) or 7 cents per share for the second quarter. In the same period last year net earnings were $12.3 million or 13 cents per share. Revenue for…


Nevada mineral reports

The Nevada Bureau of Mines and Geology is issuing a new series of reports on the mineral and energy resources of the state. The reports contain 1:100,000-scale topographic maps containing information …


Belmoral acquires claims at Gordon Lake

Belmoral Mines (TSE) has acquired 78,000 acres of claims near Gordon Lake, N.W.T., 110 km northeast of Yellowknife. Belmoral bought the claims from Central Capital Corp. for $225,000, 1,440,300 common…


682 ft. 0.88 oz gold Calpine hole kickstarts VSE

Ongoing step-out drilling to test the northeastern strike extent of the 21 zone on the Eskay Creek property is continuing to return both spectacular and significant results. Located in the Unuk River …


Books (August 28, 1989)

Magmatic Sulfide Deposits by Anthony J. Naldrett, University of Toronto. Published by Oxford University Press. ISBN 0-19-505119-X, hardcover, $91(C). Contact: Oxford University Press, Canadian Branch …


U.S. News in Brief (August 28, 1989)

Asarco Inc. has declared a regular quarterly dividend on the common stock of 40 cents (US) per share payable Sept 1 to shareholders of record Aug 7. Asarco increased its quarterly dividend in April af…


Bay Resources buys into Foratek Int.

St. Genevieve Resources (TSE) and its subsidiary Bay Resources (ASE) have reached an agreement in principle for Bay to purchase 750,000 shares of Foratek International Ltd. (ME) for $600,000. Bay, whi…


Alberta Stock Exchange Borealis gains $1

A lawsuit launched by Borealis Exploration against NIM Management Ltd. and several of its partners, has translated into a healthy increase in the price of Borealis shares. They gained a $1 this week o…


Cassandra, Minnova drill Line property

A reverse circulation drill program is under way on the LINE claim property held under option by Minnova Inc. (TSE) from Cassandra Resources (VSE). The property is in Nevada. Minnova, which is conduct…


Dia Met buys diamond processor from LAC

Dia Met Minerals (VSE) of Kelowna, B.C., has reached an agreement in principal to purchase the diamond exploration program of LAC Minerals (TSE). Included in the package is a diamond processing plant …


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