Spirit Lake names a new president
A new president has been named for junior Spirit Lake Explorations (ME). Noble Harbinson has taken over the top post from John Hansuld, who will remain on the board of directors. Spirit Lake is expect…
News
U.S.REPORT Hecla earnings
Earnings for the first quarter ended March 31 for Hecla Mining (NYSE) were US$4.6 million compared with a loss of US$2.5 million in the corresponding year-earlier period. The improvement in results wa…
4 EDITORIAL PAGE Busting out in British Columbia
Those in the mining business in 1990 would do well to heed the advice of American journalist Horace Greeley, who was inspired by John Babsone Lane Soule’s words: “Go west, young man.” Today, the futur…
PEOPLE MINETA RESOURCES
Clemence Mallet appointed to the Board of Directors succeeding Alex Ritchie who resigned.
Asarco pursues diversification but focus will remain on metals
The following was excerpted from a speech by Richard de J. Osborne, chairman of Asarco (NYSE), at the copper producer’s recent annual meeting in New York City, regarding Asarco’s development into an i…
Kingswood work program
A summer exploration program has started on 405 claims owned by Kingswood Explorations (ASE) in the Eastmain River area of northeastern Quebec. The program will consist of stripping, blasting and samp…
Canalaska starts drill program
An 18,000- ft. drill program by Canalaska Resources (VSE) is about to begin on the company’s 100% owned Rainbow Hill property in the Valdez Creek Mining district of Alaska. The objective of the revers…
PEOPLE BHP-UTAH MINERALS INT’L
Gillespie Robertson appointed senior vice-president, minerals marketing and services succeeding Charles McArthur who will retire June 30. Robertson will relocate to San Francisco.
BLM Mines buying United Keno stake
Falconbridge Ltd., a wholly owned subsidiary of Noranda (TSE) and Trelleborg, has found a buyer for its 44.9% stake in silver miner United Keno Hill Mines (TSE). Bharti Laamanen Mining, a Sudbury-base…
PEOPLE NORGOLD RESOURCES U.S.
Steven Potter appointed president; Richard Graeme appointed vice- president Operations and Robert Schafer appointed vice-president Operations.
PEOPLE ASARCO (June 25, 1990)
John Likarish appointed manager of Hillsboro, Ill., zinc oxide plant.
Montreal Stock Exchange Heavy Val d’Or action
Volume was moderate and the market turned downward for the week ended June 19. The mining and minerals index dropped 31.5 points, while the market portfolio was off more than 51 points. Daily trading …