1989

The chairman of Belmoral Mines (TSE), Kenneth Dalton, has taken over the presidency of the gold producer following the resignation of Steven Harapiak. A press release from the company states Harapiak …

Toronto-based Campbell Resources (TSE) says it has sold its 50% interest in the Martinson/ Cargill phosphate properties in northern Ontario to concentrate on its Chibougamau, Que., gold mines. Newphos…

Strengthening gold prices gave a much-needed boost to the wilting gold and silver index which advanced by 165.63 pts or 2.86% today to close at 5959.94 pts. Overall market performance was mixed with a…

Owenbrook Resources (COATS) plans to complete about 1,500 ft of diamond drilling this year on its Hawkins Twp., Ont., gold property. Other than this planned work, the company has generally been inacti…

Contrary to what was reported in the June 26 issue of the Northern Miner, a unit of Crown Butte Resources (VSE) is under way with a $1.5 million(US) drill program on the New World property in Montana …

1989 July 4 July 3 June 30 June 29 June 28 HIGH LOW Composite “300” 3756.30 Holiday 3760.91 3743.46 3766.57 3806.03 3353.13 Metals & Minerals 3263.34 Holiday 3278.08 3263.21 3292….

An estimate of reserves from a new polymetallic discovery made by LAC Minerals (TSE) on the company’s Toqui property in Chile is expected by this fall. “By late September, we’ll have some firm numbers…

Preparatory work for a major dewatering program is under way at RFC Resource Finance Corp.’s (VSE) Pend Oreille zinc mine in Washington State. The company has an option to earn a 100% unencumbered int…

Canmark Int’l Res — min 600,000 offered @ 40 cents per sh Liberty Gold Corp — min 400,000 offered @ 44 cents per sh Broadwater Devel — 650,000 sold for gross $260,000 Cannelle Expl — min 625,000 …

You editoria o Ma 1 (Roc mechanic researc shoul b pu to use), while accurate in extolling the merits of applying numerical modelling techniques to mine design, did a great disservice to the efforts of…

The mining industry will provide a healthy boost to chemical producers in 1990 as new ore processing methods are developed that require new chemical compounds, says chemistry industry consultants Hoch…

Armed with a positive feasibility study for its Ashdown gold deposit in Nevada, Win-Eldrich Mines (TSE) is pondering ways to raise the $3.1 million(US) needed to begin production at the proposed open …