The program of surface exploration started about a month ago at the Rouyn, Que., property of New Ribago Mines has resulted in the discovery of several quartz veins which are now being opened up. Repri…
Fifty-two survey and exploratory parties will be placed in the field this year by the Mines and Geology Branch of the Department of Mines and Resources, Ottawa. Fifty-one of these will be engaged in g…
It took a while but common sense may have finally prevailed at Carolin Mines where its credibility reached an all-time low after it announced spectacular gold and platinum assays (N.M., Feb 2/87) from…
The Selbaie mine near Joutel, Que., has just finished installing a computer system that controls the entire milling process. James Lauder, an engineer in charge of the project, told members of the Can…
Exploration work will continue this year on Syngold Explorations’ gold projects, in particular on the Deka and Owl Creek West properties, and the company is in the market to purchase additional proper…
Continuing its winning ways this week was Jascan Resources, up $1.20 to $4 on 383,600 shares. It’s negotiating an agreement to become a joint venture partner with an affiliate of United States Borax &…
Earnings in the first quarter this year of 20 cents a share, before taxes and exploration expenses, compared with 11 cents a share for the 1986 first quarter, are reported by Rayrock Yellowknife Reso…
A, 2,000-ft drift being driven by Jascan Resources, is expected to be completed within three months, the company tells The Northern Miner. The underground work has progressed more than 400 ft on the c…
The Leoben Mining Conference 1987 is scheduled to take place Sept 22-26 in Leoben and Graz, Austria. The conference, organized every 25 years, took place in Leoben in 1962 and 1937, and in Vienna in 1…
Mark Resources recently completed its previously announced $50.3 million financing. The Calgary based company has received receipts for the final prospectus qualifying the common shares and debentures…
Growth in China’s wire and cable sector is likely to be rapid, with copper consumption in the country expected to rise by about 60% during the next 10 years, predicts the Commodities Research Unit of …
Closing up 15 cents to 85 cents on a volume of 614,600 shares this week was Essor Exploration, which is earning a 50% interest in gold property in Malartic Twp. from Black Cliff Mines. President Guy M…
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