Skyline working hard Johnny Mountain turnaround
On a plateau atop this glacier- capped mountain in the Iskut River gold camp, Skyline Gold Corp. (TSE) is waging a multi-front campaign to turn its Johnny Mountain gold mine into a profitable operatio…
News
Swedish trade deleghates to visit Canadian mining communities
A 3-city tour is planned by seven Swedish heavy equipment manufacturers to promote the use of Swedish-designed mining and milling equipment in Canada. The trade group, headed by Swedish trade commissi…
Strikes disrupt Peru’s copper production
Copper production has been disrupted in Peru by a strike by that country’s 70,000 miners and the price for copper on New York’s commodities exchange surged as a result. Peru was forecast to produce 34…
Noranda, Swedish ally up bid for Falconbridge
A bidding war for Falconbridge Ltd. (TSE) may be under way. Noranda Inc. (TSE) has teamed with Swedish firm Trelleborg AB and made a $2.2-billion(C) offer for the nickel producer. Noranda and Trellebo…
Queries Name change for Athona Mines
Do you have any information about a company called Athona Mines (1937) Ltd.? Please provide details regarding the current status of this company, and the procedure in order to sell a share certificate…
People (August 21, 1989)
AVINO MINES & RESOURCES — Louis Wolfin appointed president and chief executive officer; Grant Barnwell, Paul B. Coombs, Joseph A. Field, Jonathon Goodbody, G. Martin Greer, H. Brodie Hicks and Louis …
Managing Canada’s Mines Miners must project better image of their
While he holds great faith in both the resolve and ingenuity of the people in the mining industry, T. A. (Tom) Dickson, mine manager of Minnova’s Winston Lake Division at Schrieber, Ont., sees this as…
FMC Gold to evaluate Excelsior project
Spokane- based Steelhead Resources (VSE) recently granted FMC Gold Co. (NYSE) the right to perform a detailed evaluation of its Excelsior gold-silver project located in Whatcom Cty., Wash. The agreeme…
007 reports results
Narrow gold intersections have been obtained by 007 Precious Metals (VSE) at its Rainbow Island gold property in the Sturgeon Lake area of northwestern Ontario. The best assay result from seven shallo…
News in Brief – Dividends (August 21, 1989)
Hudson Bay Mining and Smelting Co. Ltd. (TSE) has declared a 7 cents dividend on its common shares for the two quarters ended Sept 30, payable Sept 15 to shareholders of record Aug 15. The company has…
Gold funds as of August 15
MPV BGR Central Capital Net value$11.78 $ 5.89 $0.57 Price$10.375 $ 5.88 $0.36 Discount 11.93% .3% 36.8% Value$70,145,045.73 $99,142,913 N/A…
Metal Prices PRODUCER PRICES (August 21, 1989)
ALUMINUM: MW U.S. Market US82.00 cents – 83.50 cents per lb. (Aug 3, 1989). ANTIMONY: New York dealer 95 cents -$1.00(US) per lb. (July 20, 1989). BISMUTH: New York dealer $5.45-$5.50(US) per lb. (Aug…