News

Iron and steel conference

The International Iron and Steel Institute will hold its annual conference in Berlin, West Germany, on Oct 1-4, 1989. Discussions will include the world economy in the year 2000, steel in the urban en…


People (July 03, 1989)

REYNOLDS METALS — Raymond E. Irwin appointed regional exploration manager for the western United States.


Gold funds as of June 27

MPV BGR Central Capital Net value $11.69 $ 6.10 $0.58 Price $ 9.75 $ 5.38 $0.39 Discount $16.60% 11.9% 32.8% Value $69,625,421 …


Can-Am hockey match

A friendly hockey challenge has been issued to American participants in The Northwest Mining Association’s annual meeting Dec 6-8. Issuing the challenge is Tom Schoeter of the British Columbia Ministr…



News in Brief (July 03, 1989)

Wolf River Resources has changed its name to Interchem (N.A.) Industries Inc. (IID:VSE) on a share-for- share basis. Transfer agent is Pacific Corporate Services Ltd.


Placer completes Paymaster purchase

Placer Dome (TSE) has completed the purchase of a 60% interest in the Paymaster gold project at Timmins, Ont. American Reserve Mining (VSE) has received $18.2 million in cash for the sale of both the …



GASPE CONCENTRATOR

When the fatal fire in 1987 closed Wthe E Zone mine at Murdochville, Que., management at Noranda Minerals didn’t have a difficult choice to make as far as the smelter was concerned. The 70,000-tonne-p…


50 Years Ago U.S. COPPER SALES LARGEST IN 3 YEARS

Domestic sales of copper have been the highest in three years. At the end of last week, sales were 152,000 tons for the month to date — the highest since April, 1936. The domestic copper price advanc…


Ontario offers exploration incentives

Two new mineral exploration incentive programs worth a total of $5 million were recently announced by the Ontario government. The Ontario Prospectors Assistance Program (OPAP) will provide experienced…


Gold output rises at Piedmont mine

There was a sharp jump in gold output at Piedmont Mining’s (NASDAQ) Haile mine project during the first quarter in comparison to last year. Production totalled 3,560 oz compared with 1,339 oz the prev…


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