News

Management at the Campbell Red Lake mine in northwestern Ontario takes its rock mechanics seriously. “They form an integral part of our ground support system,” S.M. Reid, mine manager of the Placer Do…

Shareholders of Westmin Resources (TSE) voted overwhelmingly in favor of a reorganization that will see the company’s oil and gas assets sold to Norcen Energy Resources, an affiliated Calgary-based oi…

1989 June 27June 26June 23June 22June 21HIGH LOW Composite 300 3778.37 3772.78 3773.15 3740.02 3730.45 3806.03 3353.13 Mtls & Mnrls 3308.76 3348.86 3344.65 3253.83 3237.12 3564.92…

Before radar, the skippers of west-coast seiners were adept at finding safe harbor in impenetrable fog. Bern Brynelsen remembers one such seaman, for whom he packed salmon. Time and again he was deepl…

Pars Res — 575,000 offered @ 40 cents per sh VANCOUVER Precious Metals — 700,000 sold for gross $350,000 Donner Res — 500,000 sold for gross $175,000 Hixon Gold Res — gross proceeds rec $270,000 S…

Gold Vessel Resources (ASE) reports completion of a private placement with 158474 Canada Inc., by which the numbered company has acquired more than 2.1 million A common shares of Gold Vessel at 18.75 …

Modifications at the Fort Saskatchewan nickel refinery to permit the processing of off-specification feed materials have been completed, Sherritt Gordon (TSE) reports. Feed from supplier Inco Ltd.’s (…

I would like to comment on some of the information presented in “King of Zinc,” the story on the Brunswick No. 12 mine (see April issue). The first is the statement on the “abstract nature of the geol…

In an effort to boost production and Iincrease operating efficiency, HighIland Valley Copper acquired the nearby Highmont mill l ast year and, at a cost of $70 million, relocated the Highmont milling …

By purchasing 324,000 shares of Rea Gold Corp. (TSE) on The Toronto Stock Exchange through a wholly-owned subsidiary, Cassiar Mining Corp. (TSE) boosted its total indirect holding to 2.6 million share…

At a grade of 2.4%, Cameco’s Key Lake operation is a rich uranium mine. It also has — and this is not well known — a rich nickel deposit. The nickel grade has been officially listed at 2.3% for the …

When it comes to gold, the market is used to sudden, dramatic price swings. That’s part of gold’s appeal — the opportunity to make large sums of money over a short period of time. All one has to do i…