Malartic acquires Congress mine from Echo Bay
Seeking a foothold in the U.S., Malartic Hygrade Gold Mines (VSE) of Toronto has acquired the Congress gold mine in Arizona from Echo Bay Minerals (TSE). The deal gives Echo Bay 400,000 Malartic commo…
News
Spot prices at a glance (July 03, 1989)
Wednesday, June 28 Week’s Price (US) Change Gold* $373.75 +$ 8.05 Silver* $ 5.30 +$ 0.06 Platinum* $505.10 +$ 9.50 Nickel** $ 5.42…
Iron and steel conference
The International Iron and Steel Institute will hold its annual conference in Berlin, West Germany, on Oct 1-4, 1989. Discussions will include the world economy in the year 2000, steel in the urban en…
Profile A NOSE FOR MINES
Before radar, the skippers of west-coast seiners were adept at finding safe harbor in impenetrable fog. Bern Brynelsen remembers one such seaman, for whom he packed salmon. Time and again he was deepl…
Flowsheet A YELLOWCAKE RECIPE
Half a billion dollars was spent Hbringing into production the HKey Lake uranium complex in northern Saskatchewan. A large proprortion of that went into the mill — a first-class structure if ever the…
Magnacon first mine at Mishibishu gold camp…..photo
Cutting the ribbon to officially open the Magnacon mine, (left to right) Jack McAdam, president of Flanagan McAdam Resources; Ruth Ditto representing Windarra Minerals; and Terry Flanagan, president o…
RTZ shareholders approve BP deal
The Shareholders of Britain’s giant RTZ Corp. have approved the $4.3-billion(US) purchase of minerals assets being sold by British Petroleum Co. PLC. RTZ says it expects to complete payment for most o…
People (July 03, 1989)
REYNOLDS METALS — Raymond E. Irwin appointed regional exploration manager for the western United States.
Freewest options Vauquelin claims
Montreal-based Freewest Resources (ME) recently optioned a 27 claim property located on the eastern boundary of Louvicourt Twp. near Val d’Or, Que. Freewest has agreed, subject to regulatory approval,…
Victoria uncovers graphite deposits
Drilling in January and February of this year outlined graphite deposits in three zones at the Portland, Ont., project of Victoria Graphite (COATS). Forty-one holes representing more than 16,000 ft we…
Can-Am hockey match
A friendly hockey challenge has been issued to American participants in The Northwest Mining Association’s annual meeting Dec 6-8. Issuing the challenge is Tom Schoeter of the British Columbia Ministr…
Alberta Stock Exchange Champion moves up
A rumor that Champion Gold was involved in negotiations to provide financing for exploration at Canuc Resources’ Coronation Gulf gold project in the Northwest Territories drove the price of Champion u…