COATS (over-the-counter) Mount Wright wins NSR
After a 9-year legal battle, Mount Wright Iron Mines has finally won the proceeds from a 1% net smelter royalty on production from Exminesa’s Rubiales mine in Spain. A Spanish court has ordered Exmine…
News
Moss Lake tops list of Tandem`s projects
Despite the current difficult financing climate in the junior mine sector, Tandem Resources (ME) will be “very active” this year, President Stanley Hawkins told the annual meeting, with high interest …
Penna fends off criticism at Agnico annual meeting
His methods may have prompted some criticism at Agnico-Eagle Mines’ (TSE) recent annual meeting in Toronto, but President Paul Penna demonstrated he has the backing of the vast majority of the company…
Teeshin looking for partners
Several senior mining companies and investment groups are examining the Dome Mountain gold property with a view to providing the necessary capital to bring the project to production, according to owne…
Brunswick’s miners take to the picket lines
Miners at Brunswick Mining and Smelting’s (TSE) lead-zinc mine near Bathurst, N.B., are on strike, following an 80% vote against the company’s contract offer. More than 1,000 members of the United Ste…
Canadian Mineral Industry Education Foundation
The Canadian Mineral Industry Education Foundation, now in its 25th year, has expanded the eligibility categories for its scholarships. Ordinarily, the foundation offers undergraduate and some post-gr…
Quebec boosts gold production
Quebec’s 26 producing gold mines in 1989 turned out almost 36 million grams of the precious metal, but a lower world price of gold resulted in a drop of 10.1% in total value compared with 1988. Provin…
Toronto Stock Exchange Franco-Nevada big winner on otherwise quiet
Franco-Nevada Mining, Placer Dome and Corona A were among the issues which benefited from an increase in the price of gold bullion for the week ended July 3. Analysts attributed the advance to US$362….
Inco Gold starts bulk testing at Cochenour-Willans gold bet
The test mining phase of a $4.6-million program designed to determine the viability of the Cochenour-Willans gold mine property near Red Lake, Ont., got under way recently. Inco Gold, a unit of Inco (…
Exploration ongoing at Hucamp property
Deep underground exploration is continuing on the Manitouwadge area property of Hucamp Mines (COATS). The work is part of an ongoing program being carried out by Noranda Inc. (TSE); more than $3 milli…
Suppliers’ Notes (July 06, 1990)
Berlet Electronics of Mississauga, Ont. has appointed Thomson Technology of Sudbury as the northern Ontario representative for Telemotive radio remote controls. As the largest manufacturer of industri…
On Site At Casa Beradi
In late April, the snow was off the ground at the Casa Berardi mine in northwestern Quebec. Temperatures hovered at a tolerable 12/7ch/C, and black flies and mosquitoes had yet to emerge from the vast…