Durga set to process Nevada mine tailings
Within the next two months, Durga Resources (ASE) of Calgary will start to process 22,000 tons of tailings material at the Boss gold mine in southern Nevada. Having already lined up heap leaching faci…
News
Corona buys shares in Golden Nevada
Recently acquiring a 10.4% interest in Golden Nevada Resources (VSE) was Corona Corp. (TSE). Corona said it purchased slightly more than one million shares in the junior in a private deal. Among other…
FINANCING (March 27, 1989)
ONTARIO Aurlot Expls — final rec iss offer 2,900,000 @ 85 cents per sh to net $1,392,000. Fortune Minerals — final rec iss offer 1,000,000 @ 36 cents per unit to net $324,000. VANCOUVER Amarado Res…
Minnova, HSK deal
A joint venture agreement has been signed by Minnova Inc. (TSE) and HSK Minerals (TSE) on an 86-claim gold and base metals prospect near Mine Centre, Ont. Minnova earned a 51% interest in the claims a…
Vancouver Stock Exchange Resource issues continue to slide
The use of higher interest rates to battle inflation and consequently slow economic expansion is clearly reflected here in an extremely lacklustre market for resource issues. As long as interest rates…
Agency to promote small-scale mining
The lessons learned by companies developing small mines in Canada may soon be applied to mine development elsewhere in the world. That is the aim of Small Mining International, an international agency…
Montreal Exchange Aur/Louvem deal off
Fears of inflation and rising interest rates acted to put a damper on the stock exchange this week, with the market portfolio off more than 18 pts and the mining and minerals index dropping almost 50 …
Magnetic anomaly maps of Nevada
The Nevada Bureau of Mines and Geology has published two new magnetic map sets. NBMG Map 93A is a 1:750,000- scale total intensity magnetic anomaly map of Nevada, compiled from digital data, corrected…
N.B. confident in MDA negotiations (March 27, 1989)
Having negotiated the country’s first Mineral Development Agreement (MDA) with the federal government in 1984, the government of New Brunswick (now under Frank McKenna’s Liberals) is confident a secon…
Letter to the editor The Northern Miner’s role
Would you please provide me, either privately, or through an upcoming issue of your newspaper, with an indication of the role set out by you and or the publishers for The Northern Miner. This question…
Environmental institute could reduce conflicts
The newly-formed B.C. Environmental Information Institute hopes to reduce resources conflict in British Columbia by providing current and accurate information on land use. Letters of incorporation for…
People (March 27, 1989)
ONTARIO MINISTRY OF NORTHERN DEVELOPMENT AND MINES — Ron C. Gashinski appointed manager, mining lands, northeast region, mines and minerals division based in Timmins.