Western Canadian to acquire Sulphurets Gold
Major shareholders of Sulphurets Gold (VSE) have agreed to vote in favor of an agreement that would result in Western Canadian Mining Corp. (TSE) acquiring 7,423,290 of its shares in exchange for West…
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Grade, tonnage up at David Bell mine
Increased ore reserves at higher grades have been announced for the David Bell gold mine at Hemlo in northern Ontario. Additional tonnage at lower levels, an increase in the average width of mineable …
Tournigan shareholders ask pointed questions
Fights, whether they be professional or amateur, sometimes don’t live up to their billing. At least that was the case at the annual meeting of Tournigan Mining Explorations (VSE) where a dissident gro…
COMDA shows results at halfway point
The Canada-Ontario Mineral Development Agreement (COMDA) has passed the halfway mark of its 5-year term showing significant results in all programs, a recent progress report says. The $30-million fede…
Nine U.S. mines in RTZ-BP deal
Already the world’s largest mining company, Rio Tinto Zinc Corp. (RTZ) is now set to acquire the international mineral assets of British Petroleum, which include interests in nine U.S. mines. The U.S….
H. H. “Spud” Huestis, 1907-1979
The claim to Canadian mining immortality for Herman H. “Spud” Huestis came with his introduction to the world of the large tonnage, low-cost Highland Valley copper deposits in British Columbia, severa…
Industry honors its own at first Halla of Fame dinner
Photo by George Onuska Franc Joubin, right, accepts his induction into the Canadian Mining Hall of Fame from Hall of Fame committee chairman Maurice Brown. Joubin was one of 12 inaugural inductees int…
Franc R. Joubin, 1911-
Franc R. Joubin made his name and enduring reputation in uranium. It was Joubin who found the vast Blind River area uranium field in northern Ontario, today the site of the major operations of uranium…
Jerome financing
Jerome Gold Mines (ASE) has received a commitment from a flow-through fund which will provide $369,360. Jerome will issue shares at a price of 55 per share.
Gilbert A. LaBine, 1890-1977
Gilbert LaBine helped shape the course of world history when in 1930 he discovered pitchblende at Great Bear Lake in the Northwest Territories. A trip to the Great Bear Lake area with partner C. E. St…
Frederick M. Connell, 1883-1980
The citation accompanying the 1973 Inco Medal awarded to Frederick M. Connell, probably said it all: “In recognition of the leading part he has played as a mine-finder and mine- maker, placing his nam…
Cannon mine in Washington turns out 145,000 oz gold in 1988
The Cannon mine project of Asamera Minerals (TSE) is located just outside the city limits of Wenatchee. Even so, ask for directions and residents are generally hard-pressed to tell you exactly where i…