RTZ and BP terminate Olympic Dam agreement
London-based RTZ Corp. and British Petroleum have agreed to terminate agreements relating to the proposed assignment to RTZ of BP’s 49% inter est in the Olympi c Dam copper/uranium mine in South Austr…
News
Camreco needs $4.5 million for Goldlund
Initial results of a final feasibility study indicate that at least $4.5 million would be required to re-open the former Goldlund mine owned by Camreco Inc. ( TSE) in northwestern Ontario. The past-pr…
Orcana to earn in on East Sullivan
Toronto-based Orcana Resources (VSE) recently optioned 18 claims adjoining the northern boundary of the East Sullivan base metal property near Val d’Or, Que. Situated west of the Aur Resources (TSE)…
Noranda, Trelleborg succeed in offer for Falconbridge
The bidding is officially over and Noranda Inc. (TSE) and Trelleborg AB of Sweden are the new owners of nickel producer Falconbridge Inc. (TSE). The partners report more than 95% of the outstanding co…
Interquest options Montana metal bet
Toronto-based Interquest Resources (TSE) has agreed to acquire a number of claims containing high gold and base metal values in Broadwater Cty., M ont. Known as the “Ruby” and “Dory” properties, they …
Radisson arranges Duquesne financing
A $6-million financing has been arranged by Radisson Mining Resources (ME) to help bring the Duquesne gold-mining project about 20 miles north of Rouyn- Noran da, Que., into production. Radisson and w…
Trader shares reach high as Swiss group takes over
Trader Resources (TSE) is looking for ways to fund exploration at the Ronnoco Gold Mines (COATS) property near Timmins, Ont., after reaching a proposed out-of -court settlement with the company that u…
letter to the editor
The article you had on the front page of The Northern Miner of Aug 21 concerning Global Platinum and Gold (Arizona mineral sands — big claim s, little verific ation) does not do justice to the shareh…
News in Brief (September 18, 1989)
Mt. Calvery Resources has changed its name to Triumph Resources Ltd. (TUM:VSE) on a 1-new-for-4-old share basis. Transfer agent is Central Guaranty Trust Co.
Centurion US Page Centurion, Western terminate venture
An agreement involving Centurion Mines (NASDAQ), Western Mining(USA) and its wholly owned subsidiary Grand Central Mining, terminating the Centurion-Western venture in the Tintic mining district of Ut…
Correction (September 18, 1989)
Northgate Exploration (TSE) is not the guarantor of a $90-million project loan advanced by the Bank of America Canada for Neptune Resources’ (TSE) Colomac project (N.M., Sept 11/89). The non- recourse…
Australian speaker at CIM luncheon
Ross Thomas will be the guest speaker at the Canadian Institute of Mining and Metallurgy on Sept 21. The luncheon meeting, scheduled for 12.30 p.m., will be at the Upper Canada Room, Royal York Hotel….