News

The postponed agreement between Westmin Resources (TSE) and Tenajon Resources (TSE) for developing the SB gold-silver property near Stewart, B.C., is back on track. The two companies recently announce…

Earnings for Black Swan Gold Mines (VSE) for the nine months ended Dec. 31 amounted to $7,000 on revenues of $3.4 million. No figures were given for the comparable period in the previous year. The 9-m…

INCO — William Glavin elected a director.

A permit amendment was recently granted by the state of Colorado allowing Battle Mountain Gold (TSE) to increase the mill size at its San Luis gold mine in Costilla Cty. The company originally intende…

The Arizona Department of Mines and Mineral Resources was very pleased to see that you used information included in our recent press release (T.N.M., Jan. 15/90). We were extremely disappointed, howev…

The prophets of doom are at it again. Harking back to the theme of “Limits to Growth” put forward in 1972 by the Club of Rome, some environmentalists have pronounced mining to be incompatible with “su…

investment…

Lower income taxes and investments in associated companies resulted in a better earnings picture for Northgate Exploration (TSE). The Toronto-based company reported net income of $9.4 million or 42 ce…

A second encouraging hole has been completed on the Fontana property near Val d’Or, Que. The gold property, 40% owned by Bay Resources and Services (ASE), a subsidiary of St. Genevieve Resources (TSE)…

In announcing a most generous gift by Inco to the Mining Engineering Department of Queen’s University for the provision of modern laboratory facilities, you refer to the Queen’s department as Canada’s…

BRANER RESOURCES — Mark Wallbom appointed to the board of directors.

The three partners in the Douay gold project in Quebec’s Casa Berardi region have started up a second drilling program representing 10,800 ft. Inco, Societe d’Exploration Miniere Vior and Cambior are …