News


Atlantic, Jascan buy shares in each other

While Atlantic Goldfields (COATS) and Jascan Resources (TSE) own shares in each other, it is unclear whether either side has further designs on the other. Jascan recently reported it owns 692,300 shar…


Corona ponders legal action in fight over Dickenson

More legal trouble may be brewing over the takeover battle for associated companies Dickenson Mines (TSE) and Kam-Kotia Mines (TSE). Corona Corp. (TSE), which is bidding against gold fund Goldcorp Inv…



Editorial A $4-million gesture

Too often good deeds go unnoticed. So it’s nice to have the opportunity to tip the hat to some of the actions that make people in the mining industry proud. In particular, Inco gets the nod for a $4…


Cheni Gold near full capacity at Toodoggone mine

Despite one of the coldest winters on record, Cheni Gold Mines (TSE) says commissioning of the 550-ton-per-day mill on its 100%-owned Lawyers property in the Toodoggone area of British Columbia, has p…


Book Review A new publication

The Michigan department of natural resources has produced a new open-file report, “Inventory of Geological Core and Sample Repository,” compiled by William T. Swenor. This 21-page report contains the …


Dickenson management welcomes Goldcorp bid

A second bidder has come forward with proposed takeover offers worth a combined $107 million for associated companies Dickenson Mines (TSE) and Kam-Kotia Mines (TSE). Toronto-based gold fund Goldcorp …


Nerco reserves take big jump

A sharp increase in gold and silver reserves has been reported by Nerco Inc. (NYSE) and its subsidiary, Nerco Minerals. Proven and probable gold reserves climbed to 2.25 million oz by the end of 1988,…


Pelham Gold to explore Monk’s Wawa gold bet

Vancouver-based Pelham Gold (ASE) has signed an option to earn a 51% interest in the Monk Gold (ASE) property near Wawa, Ont. According to Pelham, the decision was taken after it completed a review of…


Gold funds as of March 14

BGR Goldcorp Central MVP Capital Net value $12.17% 9.16 6.60% 0.80% Price $9.88% 6.00 6.12% 0.62% Discount $ 19.72% 34.5% 7.2% 22.5…


Obituary Allison Heather

A former manager of the Madsen Red Lake gold mine and well known mining engineer honored by the Governor General for “outstanding service in the promotion of Mine Safety,” Winnipeg born Allison F. Hea…


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