News


European producer price for zinc disappears

A decision by custom smelters in Europe to discontinue publishing a European producer price for zinc or zinc concentrate sales has affected the way Canadian producers report their prices. Falconbridge…


Karl Springer, 1899-

Karl Springer’s name is closely associated with such notable Canadian mining ventures as Mattagami Lake Mines, Granduc Mines, Barymin Limited, Canada Tungsten Mining Corp., and Newfoundland Zinc. He…


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 …


PEOPLE (January 16, 1989)

PEGASUS GOLD INC. — John M. Willson appointed president and chief executive officer succeeding James H. Foreman who at the same time was elected chairman of the board.


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…


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…



Jules R. Timmins, 1889-1971

Jules Timmins’ finest hour, and his claim to mining fame, occurred when he brought into being the iron ore fields of northern Quebec and Labrador, in one of the greatest projects in Canadian mining hi…


Roddy settles debts issue

The board of directors of Roddy Resources (TSE) has approved the settlement of debts owing to the company’s chairman, Walter Callum. Under the settlement, subject to all required approvals, Callum wil…


Queenston hopes riding on Kirkland, Anoki bets

With its Anoki gold project in the feasibility stage and underground exploration under way at the Kirkland West property near Kirkland Lake, Ont., Queenston Gold Mines (TSE) is hoping to become a gold…


FINANCING (January 16, 1989)

VANCOUVER Bellwether Res Ltd — rt exerc on 175,000 @ 55 per sh. Moongold Res Ltd — 600,000 sold for gross $210,000. West Pride Ind Corp — rt exerc on 457,266 @ 66 per sh. Mishibishu Res Ltd — 1,…


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