News

Muscocho mines deal fair to shareholders, firm says

An independent valuation and fairness opinion of a deal involving three Muscocho group companies, two new producing gold mines in northern Ontario and Echo Bay Mines (TSE) concludes the proposed trans…


Armistice reports visible gold find

Visible gold was intersected in an exploration crosscut being driven north from the 2,050-ft. level at the shaft, Armistice Resources (ME) reports from its gold property at Virginiatown, Ont. The gold…


Uranium Spills

Cameco, the Saskatchewan uranium producer, recently had its knuckles rapped for spilling radioactive waste at the Rabbit Lake mine. In late December, 1.9 million litres of radioactive water spilled fr…


Uranium price recovery unlikely, Greenpeace says

There is no hope of a uranium price recovery this decade, Greenpeace International predicts. The environmental group recently released a report in Australia entitled “Uranium Demand, Supply and Prices…


Conwest set to merge with MRI and Barons

Toronto-based Conwest Exploration (TSE) says the terms of a proposed merger with its two subsidiaries Mineral Resources International (TSE) and Barons Oil (TSE) have been unanimously approved by the b…


Alberta Stock Exchange Northfield up 20 cents

Northfield Minerals moved up 20 cents to $1.70 after announcing it has finalized a deal to acquire control of the Cheminis gold mine property near Kirkland Lake, Ont. An underground development and ex…




TVX has projects in Latin America

Recently you published an article regarding the possibility of new opportunities for Canadian mining companies in Latin America (T.N.M.,March 19/90). With the largest investment in Latin America of an…


Book Reivew Copper burgeons in Arizona

The Primary Copper Industry of Arizona in 1988 details production, stripping ratios, ore grade, mill recoveries, reserves, employment and wages and other statistics. Also included in this annual repor…


Cominco shuts new smelter

Production difficulties at the new lead smelter at Trail, B.C., have forced Cominco (TSE) to shut down temporarily operations. The company has been experiencing problems with the process since the sme…


ON THE MOVE (April 02, 1990)

WISEDA Ltd. of Baxter Springs, Kansas has appointed Milt Coleman to vice-president, Pacific Rim Operation. His new assignment involves serving as managing director of the WISEDA Australian division in…


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