Norex results
Norex Resources recently acquired all the shares of Triweb Resources for a purchase price of $4 million. Triweb has a working interest in reserves of 860,000 bbl of oil, 16 million cu ft of gas and 16…
Norex Resources recently acquired all the shares of Triweb Resources for a purchase price of $4 million. Triweb has a working interest in reserves of 860,000 bbl of oil, 16 million cu ft of gas and 16…
Before writing off that long-ignored nickel-copper-platinum prospect, consider a re-examination of the property in light of a new genetic model devised by Prof David Watkinson of Carleton University, …
Sale of an interest in a nickel exploration property helped give Hudson Bay Mining and Smelting a first quarter profit of $14.8 million on revenues of $76.6 million, compared with a net loss of $3.8 m…
A first-quarter profit of $20,000 was recorded by Laduboro Ltd. (formerly Laduboro Enterprises) of Montreal compared with a profit for the same period in 1986 of $31,800. Revenues during the quarter w…
The results of a preliminary drilling program conducted recently on Continental Exploration’s and Ronrico Exploration’s 30-claim group in Gaudet Twp., Que., have produced some encouraging results. Aft…
The Florida Canyon mine, in Nevada, (85%-held by Pegasus Gold of Vancouver) has installed a 457-m mobile conveyor and ore-stacker. Manufactured by the R.A. Hanson Co. of Spokane, Wash., the mobile con…
What is a royalty? In virtually all cases, it is a right to be paid money. Whether or not a royalty-holder will ever actually receive any payments may be open to question and will depend upon a number…
Two lubricants — one that increases diamond drill bit life and one for pneumatic drilling — have been developed by D. A. Stuart Inc. of Scarborough, Ont. Designated Dasco CS-7-J, the new diamond dri…
Continuous Mining Systems (Sudbury, Ont.) has replaced the steel chain conveyor table on its CL-1000 Oscilloader with a single-ply kevlar conveyor belt. John Kelly, manager of mine research for Inco L…
With the passage of enabling legislation by the Ontario government, the way is now clear for the Algoma Steel Corp. to proceed with its plans for bringing the Helen mine, in Michipicoten, into product…
It’s almost embarrassing — and somewhat insulting — how some influential Canadian institutions view the mining industry. The worst gaffe we’ve heard in some time comes from Maclean’s, a magazine tha…
The Estrades is a 2.68-million- ton mineral inve ntory of base metal- and precious metal- bearing volcanogenic massive sulphides. Located about 150 km north of Rouyn-Noranda, Que., and 26 km east of t…
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