1989

American Reserve closes Paymaster deal with Placer

American Reserve Mining (VSE) has finalized its agreement with Placer Dome (TSE) involving the sale of a 60% interest in the Paymaster gold property at Timmins, Ont. American Reserve President Carl Zu…


Aur takes on U.S. sulphide deposit owned by Savanna

Shortly after announcing its Val d’Or, Que., massive sulphide find, Toronto-based Aur Resources (TSE) has agreed to get involved in another polymetallic project. Under an agreement with Savanna Resour…



Maintenance AVOIDING CRISES

“History-and-analysis” is the term used for the recording and analytical study of interesting past events in a given maintenance program. It is an essential part of any effective maintenance operation…


GASPE CONCENTRATOR

When the fatal fire in 1987 closed Wthe E Zone mine at Murdochville, Que., management at Noranda Minerals didn’t have a difficult choice to make as far as the smelter was concerned. The 70,000-tonne-p…


Specs HYDRAULIC BREAKERS

Boom-mounted impact rock-breakers mounted on mine carBriers are increasingly necessary in underground operations. These units break oversize rocks in stopes and at drawpoints in place of the time- con…


Gold Vessel placement

Gold Vessel Resources (ASE) reports completion of a private placement with 158474 Canada Inc., by which the numbered company has acquired more than 2.1 million A common shares of Gold Vessel at 18.75 …


Magnacon first mine at Mishibishu gold camp

The official opening of the Magnacon mine, this area’s first producer, ushers in what promises to become a significant new Canadian gold camp. An impressive looking plant, it is owned 50% by Flanagan …


Golden Knight reports Casa Berardi production

Gold output at Golden Knight Resources (TSE) 40%-owned Casa Berardi East project in northwestern Quebec averaged just under 4,400 oz per month for the first five months of 1989, Brian Keevil, presiden…


BRENDA

A letter writer to The Northern AMiner newspaper back in late A1969 was puzzled as to how the fledgling Brenda Mines operation would ever make money. Brenda would produce fewer than 4 lb of copper fr…


Metal Prices PRODUCER PRICES (July 03, 1989)

ALUMINUM: MW U.S. Market US87.50 cents – 90.00 cents per lb. (June 15, 1989). ANTIMONY: New York dealer 98 cents -$1.00(US) per lb. (June 22, 1989). BISMUTH: New York dealer $6.00-$6.10(US) per lb. (J…



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