News

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…


Fleck seeks partner

Fleck Resources (VSE) is seeking joint venture offers for its Dunka Road base metals deposit in Minnesota. An in-house reserve estimate concludes the deposit hosts 170 million tons of material grading…


Earnings Report (August 07, 1989)

Teck Corp. (TSE) recorded a net earning of $25 million or 31 cents per share in the quarter ended June 30. In the same quarter of last year Teck’s earnings were $20.9 million or 26 cents per share. R…


Nuclear fuel conference

The International Conference on Nuclear Energy will be held Oct 15-17, 1989 in Charleston, S.C. Nuclear fuel production, inventories, supply and price trends will be among the topics of discussion.


Armistice interested in nearby Kerr mill

A junior mining company exploring property at Virginiatown, Ont., is expressing an interest in acquiring the adjacent Kerr Addison property and mill. Armistice Resources (ME) says it is discussing a l…


Cassiar Mining earnings soar

Cassiar Mining Corp. (TSE) reported net earnings of $17.87 million or 98 cents per share for the 6-month period ended June 30, compared with earnings of $5.32 million or 31 cents per share for the c…


Editorial Flow-through program needs support

From 1983 to 1988, flow-through funded exploration programs in Canada led to the discovery of more than 200 mineral deposits resulting in the creation of 115 advanced stage exploration projects, accor…


Borealis suing NIM for sale of shares

Legal proceedings have been launched by Calgary exploration company Borealis Exploration (ASE) against NIM Management Ltd., and a number of its partnerships and mutual funds. In the law suit, Borealis…


New reserve calculation expected for Chu Chua

Recent drilling by Minnova Inc. (TSE) is expected to translate into an increase in contained tonnage for the Chu Chua massive sulphide project located near Kamloops, B.C. The property is located withi…



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