New BIG mine opens
Recently starting up operations at its wholly-owned Richmond Hill gold mine in South Dakota was BIG, or Bond International Gold (TSE). The mine, located near the town of Lead, is an open pit, heap lea…
News
INSIDER TRADES (January 16, 1989)
Agassiz — P. Bannerman bought 33,000 (Oct) @ $3.30-40 to hold 334,050. Burgess Point — Perton Dev bought 31,000 (Nov, private) @ 10 to hold 583,313. Campbell Res — R. Lister bought 25,100 (Oct, No…
Private company pland `89 start for rich Timmins nickel deposit
Malcolm Slack and his crew have entered the nickel business. The well-known Canadian mining man and his team expect to have the high grade Redstone nickel deposit near Timmins, Ont., in production by …
European producer price for zinc disappears
A decision by custom smelters in Europe to discontinue publishing a European producer price for zinc or zinc concentrate sales has affected the way Canadian producers report their prices. Falconbridge…
Karl Springer, 1899-
Karl Springer’s name is closely associated with such notable Canadian mining ventures as Mattagami Lake Mines, Granduc Mines, Barymin Limited, Canada Tungsten Mining Corp., and Newfoundland Zinc. He…
Grade, tonnage up at David Bell mine
Increased ore reserves at higher grades have been announced for the David Bell gold mine at Hemlo in northern Ontario. Additional tonnage at lower levels, an increase in the average width of mineable …
PEOPLE (January 16, 1989)
PEGASUS GOLD INC. — John M. Willson appointed president and chief executive officer succeeding James H. Foreman who at the same time was elected chairman of the board.
COMDA shows results at halfway point
The Canada-Ontario Mineral Development Agreement (COMDA) has passed the halfway mark of its 5-year term showing significant results in all programs, a recent progress report says. The $30-million fede…
Frederick M. Connell, 1883-1980
The citation accompanying the 1973 Inco Medal awarded to Frederick M. Connell, probably said it all: “In recognition of the leading part he has played as a mine-finder and mine- maker, placing his nam…
Gamsan intersects high grade zone at Brabant Lake property
Assay results from recent drilling on Gamsan Resources’ (ASE) Brabant Lake property in northern Saskatchewan have confirmed the presence of a lens of high-grade polymetallic mineralization. Gamsan’s 1…
Jules R. Timmins, 1889-1971
Jules Timmins’ finest hour, and his claim to mining fame, occurred when he brought into being the iron ore fields of northern Quebec and Labrador, in one of the greatest projects in Canadian mining hi…
Roddy settles debts issue
The board of directors of Roddy Resources (TSE) has approved the settlement of debts owing to the company’s chairman, Walter Callum. Under the settlement, subject to all required approvals, Callum wil…