People (March 26, 1990)
INCO — William Glavin elected a director.
1990
Larger mill for San Luis mine
A permit amendment was recently granted by the state of Colorado allowing Battle Mountain Gold (TSE) to increase the mill size at its San Luis gold mine in Costilla Cty. The company originally intende…
Letters to the Editor Canadian companies active in Arizona
The Arizona Department of Mines and Mineral Resources was very pleased to see that you used information included in our recent press release (T.N.M., Jan. 15/90). We were extremely disappointed, howev…
Metal snips Tenneco expanding soda ash operation
A joint venture will be formed between Tenneco Minerals and Asahi Glass Co. of Japan to acquire Tenneco’s Green River soda ash facility in Wyoming and expand annual production by 600,000 tons, or 48%….
Letters to the Editor O’Neil answers two challenges to Bill 71
In last week’s issue you printed a prominent paid advertisement criticising several aspects of Bill 71, the amendments to Ontario’s Mining Act. The nature of the criticism seems to ignore the close wo…
Acabit on ME
Newly listed on the Montreal Exchange is Exploration Acabit (symbol ACX), a Val d’Or, Que. -based company formed in late 1989 by the union of Exploration Vent d’Or and private firm Ressources Claverny…
Delegates enjoy PDAC convention events
An expected shakeout in the exploration business appeared to have little effect on the level of interest in this year’s Prospectors and Developers Association of Canada Convention in Toronto. More tha…
Noranda, Akiko proceed at Springpole property
Although three recently completed holes on the Springpole gold project, 70 miles east of Red Lake, Ont., failed to return any significant results for 50/50 partners Noranda (TSE) and Akiko-Lori Gold (…
Acadia wins Hecla’s Canadian interests
Having recently elected a new board of directors, Acadia Mineral Ventures (TSE) is entering into an agreement in principle with Hecla Mining (NYSE) whereby Hecla will transfer all of its interest in c…
Milestone Res. claims Birch Lake ground
Claim staking and optioning around Birch Lake, Ont., have allowed Milestone Resource (COATS) to increase significantly its ground position in the area. The company has optioned 46 claims from Falconbr…
Minority shareholders fear misappropriation
A group of seven shareholders representing 21.7% or about 1.3 million shares of Seven Mile High Group (VSE) have obtained a court order calling for an inspection of the company’s books. The order was …
Ungava acquires iron ore deposit
Optimistic about the future of the iron ore market, Ungava Iron Ores, a newly formed private company, has acquired a significant iron ore deposit at Hopes Advance Bay in northern Quebec. The Ungava de…