Taywin exploring old mine for copper/gold
The Merry Widow open pit iron mine near Port McNeill, B.C., is being explored by Taywin Resources (VSE) for its potential to host copper/precious metal reserves. The former producer is part of an asse…
News
Ontario schools funded
Grants worth $500,000 to seven Ontario universities have been announced by the provincial Ministry of Northern Development and Mines. The money will fund projects studying ways to improve mineral expl…
Managing Canada’s Mines …..First in a series Making a mine of
Although he started out as a mine geologist, operating soon intrigued Ebe Scherkus 0000,0600 who now manages the big new Donald J. Laronde gold mine of Dumagami Mines at Cadillac, Que. “I’ve been fo…
Inco team wins award
A team of scientists from Inco Ltd. who developed an innovative process to destroy cyanide in industrial effluents has been awarded an industrial technical achievement award. The 7-member team from In…
Golden Shield shuts Kerr mine (July 10, 1989)
The Kerr mine in Virginiatown, Ont., has been closed and the owner, Golden Shield Resources (TSE), has filed for bankruptcy. The company, which purchased the Kerr Addison mine in 1987 for $38 million,…
Editorial A new mine can mean big changes
From the financial centres of the country it’s easy to see the mining industry as little more than a stock market play. From the hinterland comes news of drill results and that news is all that matter…
Goldfields, Hanson merger may spark battle for Newmont
Consolidated Goldfields PLC has agreed to a merger with Hanson PLC, both British companies, in a $5.5-billion deal that might ignite a round of bidding for Newmont Mining (NYSE) and its Carlin Trend g…
Nevada Goldfields program yields impressive results
Some encouraging exploration results have been reported from Nevada Goldfields’ (TSE) Aurora mine property in Western Nevada. Additional open pit reserves, some of relatively high grade, have been del…
Book review Mineralization and Shear Zones
Mineralization and Shear Zones edited by J. T. Bursnall and published by the Geological Association of Canada. 300 pages, ISBN 0-919216-0. Order from GAC Publications, Department of Earth Sciences, Me…
Montreal Exchange Interest remains high
Trading activity was busy again this week in companies with interests in properties in the Val d’Or, Que., area near the recent Louvicourt Twp. copper-zinc discovery. The find by Aur Resources and Soc…
Bigger is better, says TVX Chairman
With the world gold mining scene increasingly dominated by “super producers,” able to churn out more than a million oz of the yellow metal per year, Consolidated TVX Mining (TSE) Chairman Eike Batista…
Westmin shareholders approve sale of petroleum division
Shareholders of Westmin Resources (TSE) voted overwhelmingly in favor of a reorganization that will see the company’s oil and gas assets sold to Norcen Energy Resources, an affiliated Calgary-based oi…