Nickel leads Canada’s mineral output
Strong markets in base metals in 1988 helped push the total value of Canadian mineral production that year to a new peak of $21.1 billion, up 19.2% from the previous year. The Mining Association of Ca…
News
Editorial MDAs need help
Geoscientists in New Brunswick are being caught in a political squeeze between the federal and provincial governments. The province needs financial backing from the federal government to bridge the ga…
Letters to the Editor A company profile would be well read
We are subscribers to The Northern Miner. In the July 10, 1989 issue of the Miner there appeared an article about the 25th anniversary of Echo Bay Mines, a major North American gold mining company. Th…
Golden Reward expects gold output in September
MinVen Gold Corp. (TSE), Coin Lake Gold Mines (TSE), and Moruya Gold Mines, partners in the Golden Reward heap leach project, will soon have a golden reward in metal as well as in name. The first gold…
Cominco earnings still on upswing
The latest financial results for Cominco Ltd. (TSE) show a substantial increase in earnings over 1988 levels, primarily due to higher prices for zinc, copper and fertilizers. The company reported cons…
Valdez Creek mine closure affects Am. Barrick income
Toronto-based American Barrick Resources (TSE) continued to benefit from a hedging program which has cushioned the company against the effects of stagnant gold prices. While the price of gold averaged…
Restraint urged for molybdenum producers
An assortment of metals has drawn the recent attention of Roskill Information Services of London, including molybdenum, niobium, tantalum, rhenium, rare metals and rare earths. Molybdenum producers in…
Montreal Exchange (August 14, 1989)
Mining issues active Mining issues again fueled investment activity, with the mining and minerals index on the week jumping more than 154 pts during fairly heavy trading. Volume reached 11.9 million s…
Vancouver Stock Exchange Eskay Creek results lift Calpine 77 cents
Trading activity in Vancouver has picked up somewhat over the past week, much to the relief of the local investment community. Brokers say retail investors are beginning to re-appear on the scene afte…
TVX and Placer Dome plan expansion at Chilean mine
Partners Consolidated TVX Mining Corp. (TSE) and Placer Dome Inc. (TSE) are planning to go ahead with the second stage of development at the La Coipa gold /silver mine in Chile. Toronto-based TVX, whi…
Dofasco sells stake in iron ore operation
Having recently completed the purchase of 100% of Quebec Cartier Mining, Dofasco Inc. of Hamilton has sold a 50% interest in the company to two partners. The steelmaker’s new partners (each with a 25%…
Mine finance meeting
A mining finance conference will be held Oct 30 in London, England by the Institution of Mining and Metallurgy. The one-day meeting will discuss recent developments in gold loans, Canadian exploration…