1989


Geoscience forum set for Whitehorse

The 17th annual Yukon geoscience forum will be held in Whitehorse at the Westmark Whitehorse Hotel and the Yukon Theatre Nov 26-29, followed by a seminar on cyanide and heap leaching. Technical papers…


Ontario government tables proposed Mining Act update

Long-awaited amendments to Ontario’s antiquated Mining Act were tabled in the provincial legislature this week by Mines Minister Hugh O’Neil. The bill to amend Ontario’s 83-year-old Mining Act follows…



CORRECTION (October 30, 1989)

Underwriter Brault, Guy, O’Brien is the agent for a $6-million offering by Exploration Orex, not McNeil, Mantha as reported in N.M. Oct 23/89.


Canarim agrees to buy unsold Prime units

The Vancouver Stock Exchange received confirmation that Canarim Investment will subscribe for and take down one million units of Prime Resources (VSE) that had been the subject of a recently disclosed…


News in Brief (October 30, 1989)

A NIM and Company limited partnership has committed for the flow-through private placement of $300,000 at 30 cents per share to Teeshin Resources (VSE). Funds will be used on the Dome Mountain projec…



$35 million on exploration shows Tundra uneconomic

The Tundra Gold project — one of the largest undeveloped gold deposits in Canada — is looking uneconomic at current gold prices, say owners Noranda Inc. (TSE), Hemlo Gold Mines (TSE) and Total Energ…


Golden Patricia shaping up as a gem of a mine

Annual gold output from the Golden Patricia mine in northwestern Ontario has exceeded original expectations. The underground mine, owned 100% by Bond International Gold (TSE), produced 49,635 oz of go…


Obituary E.J. (Ted) Wade

A sudden heart attack has claimed the life of Toronto consulting geologist Edward Wade. Wade, who worked at various times with Falconbridge Ltd., Lac Minerals and Rio Tinto Zinc, was 49 when he died. …


St. Genevieve buys shares in Vauquelin

A private placement has been arranged between St. Genevieve Resources (TSE) and Mines Vauquelin (ME) whereby the former will invest $200,900 in the latter in return for slightly more than one million …


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