Bethlehem sees Goldstream progress
The Goldstream underground copper mine near Revelstoke, B.C., is expected to show improved results over the coming year. In operation since its reactivation in May, 1991, the mine produced 21.6 millio…
News
Matachewan awaits verdict in tailings trial
Unable to afford a lawyer to defend himself or his company against charges related to an October, 1990, tailings spill in northeastern Ontario, Matachewan Consolidated Mines (TSE) President Richard Mc…
B.C. delays report on compensation, halts `freeze’ bill
Richard Schwindt will have until Aug. 21 to finalize a report on resource compensation commissioned earlier this year by British Columbia Attorney General Colin Gabelmann. “Schwindt’s commission has g…
Minnova outlines low-grade deposit at Benoit project
A 24-hole, second-phase program completed on Freewest Resources’ (TSE) Benoit gold property northeast of Rouyn, Que., has yielded a preliminary reserve estimate of 3.3 million tons grading 0.076 oz. g…
McDonald continues Noramco saga by optioning Pickle Crow to
Bruce McDonald has kept a low profile since selling Noramco Mining (TSE) and its portfolio of junior companies to Breakwater Resources (TSE) several years ago. As it turned out, Breakwater had to writ…
Drilling planned for Spectrum
Prospective joint venture partners are being welcomed by Columbia Gold Mines (VSE) to tour the company’s Spectrum gold project in northwestern British Columbia, and the Tillicum Mountain gold project …
MINER DETAILS (June 15, 1992)
When Wood Gundy decided it was going to open its doors to the media more than it had in the past, it picked a tough issue to start off with. Analysts at the usually secretive brokerage firm invited fu…
St Andrew drifting returns unexpected high gold values
St Andrew Goldfields (TSE) has intersected some unexpectedly high-grade gold values while drifting in the West zone of its Stock Twp. gold mine near Timmins, Ont. At the company’s recent annual meetin…
Labor relations key to staying competitive
Management and labor have to abandon their traditional adversarial relationship if Canadian mining companies are to survive, says the president of Brunswick Mining and Smelting (TSE), citing his own c…
RTZ sells stake in Rio Algom to simplify holdings
British mining giant RTZ has elected to sell its 51.5% stake in Rio Algom (TSE) for $362.3 million as part of a plan to streamline its North American holdings. In a press release, RTZ said it was sell…
Third parties court Bethlehem
Copper and zinc producer Bethlehem Resources (TSE) recently received proposals for a merger as well as a takeover from two separate groups. Henry Ewanchuk, president of the company, said Bethlehem rec…
Competitiveness major issue for mining industry
Canada’s prosperity will be seriously undermined unless action is taken to improve the country’s competitive position in mining and other industry sectors, Noranda Chairman Keith Hendrick told delegat…