1989

Northern lead-zinc producer Pine Point Mines (TSE) reported earnings of $74.3 million or $16.02 per share for the nine months ended Sept 30. This compares to $43.9 million or $9.47 per share in the pr…

A new smelter featuring continuous copper processing technology is being planned for Texas by Mitsubishi Metal. The smelter, with the capacity to produce 200,000 tonnes per year, is on the drawing boa…

Hisway Mining Corp. has merged with Hisway Resources Corp. (HIS:VSE) under the latter name. Hisway Mining shareholders receive one new share for two old shares; Hisway Resources shareholders receive o…

Recently raising $3.5 million in two separate private placements was Nova-Cogesco Resources (TSE). One placement, which raised $1 million, was completed with Aur Resources (TSE) which purchased flow-t…

“Working in the mining industry has enabled me to travel widely, learn a foreign language (Spanish) and meet many interesting and unique people,” says V.E. Smith, operations manager of the Law0000,050…

An updated geological reserve estimate was released by junior partner Redfern Resources (VSE) for the Tulsequah Chief massive sulphide project in northwestern British Columbia. The new calculations in…

An agreement has been finalized between Goldpost Resources (TSE) and Mining Corp. of Canada for the sale of Goldpost’s Hislop West gold property in northern Ontario. Situated east of Timmins in Hislop…

Litigation has ended between Cameco, Shore Gold Fund (ASE), Golden Rule Resources (TSE), International Mahogany (TSE) and Goldsil Resources (VSE), following the completion of bidding on their Transom …

Assay results were released by Calpine Resources (VSE) for 12 step-out holes completed on the 21 zone discovery at the Eskay Creek property north of Stewart, B.C. Calpine owns 50% and is operator whil…

Excluding non-recurring gains, Placer Dome (TSE) reported consolidated net earnings of $90.3 million or 38 cents per share on revenues of $711.6 million for the first nine months of 1989. This compar…

Ontario Supreme Court recently approved the proposed merger of Neptune Resources (TSE) with three other companies into a single entity controlled by Toronto-based ABM Gold (AMEX). The decision came ju…

Toronto-based Bitech Corp. (TSE) has reported preliminary assay results from reconnaissance sampling on its Rogues Harbour property in the Betts Cove area of Newfoundland. Bitech says it has encounter…