News

Strong minerals division fails to halt Noranda loss

Sky high interest rates and a downturn in the Canadian forest industry were reflected in the 1990 financial results reported recently by Toronto-based Noranda(TSE). Largely because of poor markets for…



Cameco increases earnings in 1990

Earnings of $34.1 million in 1990, up by 45% from the previous year, were recorded by Cameco, the government-owned uranium and gold producer based in Saskatoon, Sask. Net earnings of $91.6 million, en…


No Headline (February 18, 1991)

Davidson Tisdale mines (TSE) recently finalized the purchase of a 48% interest in Aurora Steel Services of Aurora, Ont., which produces fabricated structural stell for the industrial, commercial and r…



Westpine releases reserve estimate

A preliminary mineral inventory calculation was released by Westpine Minerals (VSE) for the Lower North zone of the Empress showing on the Taseko copper-gold property, 140 miles north of Vancouver, B….


Numac Listing

Numac Oil and Gas, an oil and gas producer in Western Canada that has a 15% interest in the developing Midwest uranium deposit in Saskatchewan, recently listed for trading on the Montreal Exchange.


Keevil named to Business Hall of Fame

The late Norman Bell Keevil has been named a member of the Canadian Business Hall of Fame. He and five other laureates will be inducted April 11 by Junior Achievement of Canada. Keevil, who died in la…



Reserves released for Red Mountain

The 1990 year end results for Bond International Gold (TSE) provided the first details released by the company of its 1990 summer exploration program on the Red Mountain property near Stewart B.C. A t…


Chutline acquiring mineral properties

Stan North Mining, a private company with gold and base metal properties in Ontario and Manitoba, is negotiating to sell its assets to Toronto-based Chutline Resources (VSE). Both companies share comm…


Reserve estimate reported for Rosebud project

VANCOUVER Following the release of a series of excellent drilling results from the Rosebud property in Nevada last year, partners LAC Minerals (TSE) and Equinox Resources (TSE) have reported prelimina…


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