1989

Sphinx plans to heap leach surface ore at Duvay bet

Montreal-based Societe Miniere Sphinx (ME) is joining a growing list of Canadian companies who are attempting to mine gold profitably using heap leaching methods. While the inexpensive mining method h…


Gold funds as of July 18

MPV BGR Central Capital Net value $11.98 $ 6.10 $0.57 Price $10.38 $ 6.00 $0.35 Discount 13.36% 1.6% 38.6% Value $71,322,699.97 …


Public meetings favorable for Mount Polley

Development plans for the Mount Polley copper- gold project were reviewed in a series of public information meetings held in the communities of Williams Lake, Likely and 150 Mile House, all in British…





Metal Prices (July 24, 1989)

FREE MARKET London Metal Exchange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date July 18 July 17 July 14 July 13 July 12 Copper 1552-…


Golden Bear project gets $31 million boost

Despite a somewhat rocky and tenuous start on the road to production, it appears that construction of the Golden Bear mine project in northern British Columbia is firmly on track for planned completio…


Photo by The Northern Miner (July 24, 1989)

The primary crusher at the Gilt Edge mine. If proposed expansion plans meet stiff environmental standards, Gilt Edge could rival North Carolina’s Ridgeway mine as a low grade, high tonnage producer.


Savanna exchanges shares with American Chromium

Savanna Resources (ASE) says an offer to exchange two of its shares for five class A or B shares of American Chromium Ltd. (ASE) has been accepted by 11 major shareholders of American Chromium. Savann…


Horne acid plant nears completion

Construction of a pollution-fighting acid plant is nearing completion here at the Horne copper smelter. The plant, which is designed to reduce smelter emissions by half, should be up and running by th…


Giant Yellowknif’e Akaticho slowed by TSe dispute

A difference of opinion involving Giant Yellowknife Mines (TSE) and the Toronto Stock Exchange has brought exploration almost to a standstill at the Akaitcho mine property near Yellowknife, N.W.T. The…


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