Geoscience forum set for Whitehorse
The 17th annual Yukon geoscience forum will be held in Whitehorse at the Westmark Whitehorse Hotel and the Yukon Theatre Nov 26-29, followed by a seminar on cyanide and heap leaching. Technical papers…
News
Ontario government tables proposed Mining Act update
Long-awaited amendments to Ontario’s antiquated Mining Act were tabled in the provincial legislature this week by Mines Minister Hugh O’Neil. The bill to amend Ontario’s 83-year-old Mining Act follows…
Letters to the Editor Figures indicate profit at Magino
I am calling your attention to inconsistencies between the story on the Magino mine (N.M., Oct 23/89) and a reference to the same mine in another story in the same issue. The paragraph on page seven (…
People (October 30, 1989)
COEUR d’ALENE MINES — Michael C. Tippet appointed exploration manager.
CORRECTION (October 30, 1989)
Underwriter Brault, Guy, O’Brien is the agent for a $6-million offering by Exploration Orex, not McNeil, Mantha as reported in N.M. Oct 23/89.
Pan East to earn 51% stake in Baker Lake uranium bet
Calgary-based Pan East Resources (ASE) recently optioned what it regards as a promising Northwest Territories uranium property from Falconbridge Ltd. (TSE) and Kerr Addison Mines (TSE). Situated 260 k…
New backer raises hopes for revival of Caribou zinc mine
A series of meetings involving officials from East West Caribou Mining and its new financial backers are expected to lead to a resumption of mining operations at the Caribou lead zinc mine in New Brun…
Guinness to start drills as Acadia deal completed
Having completed the purchase of a 60% stake in Guinness Gold Resources (ASE) from Acadia Mineral Ventures (TSE), a management team led by William Burton has approved a drilling program at a base meta…
Quebec investors in flow through get new break
Investors in flow-through shares in Quebec have been given a new break by the provincial government. Beginning this year, investors will not have to include flow-through tax benefits in the calculatio…
Goldcorp boosts stake in Wharf
Recently increasing its interest (direct and indirect) in Wharf Resources (TSE) to 43.4% was Goldcorp Investments, a Toronto- based gold fund company. Goldcorp reports purchasing 358,200 shares of Wha…
Aurizon drilling Connell property
A phase-one drilling program is under way on the Connell Corner property in the Val d’Or, Que., area, Aurizon Mines (TSE) reports. The property is within 1,350 m of the Aur/Louvem copper-zinc discover…
Shaft changeover helps to reduce Brunswick earnings
The changeover to a deepened shaft and a maintenance shutdown are among the reasons given by Brunswick Mining and Smelting (TSE) for reduced third-quarter net earnings. The Noranda affiliate recorded …