Westmin closing Stewart mine
Full-scale operations at the Premier Gold project near Stewart, B.C., will be closed by June 30 of this year. Operator Westmin Resources (TSE) plans to continue exploring the area, and will continue m…
News
Private development Gold mine in works for the Timmins area
The economy here is in for a shot in the arm perhaps as early as year’s end thanks to a new gold mine being developed about 90 miles to the southwest. Kian Jensen, administrator of the privately owned…
New investment being turned off
A growing obsession with environmental regulations and an unnecessarily complicated tax structure are discouraging new investment in Canada’s mining industry, says Lars Eric Johansson, chief financial…
TSE Short Positions (May 04, 1992)
Semi-monthly reports as of April 15, showed 26,377,283 shares of 619 issues compared with 24,177,660 shares of 587 issues on March 31. Larger individual positions included: Amax Gold 122,250, down 21,…
S.A. Goldfields looks to future
If a merger between South American Goldfields (TSE) and Golden Star Resources (TSE) proceeds as planned, the amalgamated company would expect to be “a medium-sized and rapidly growing” gold producer b…
CURRAGH EMERGES FROM RECESSIONARY STORM
Curragh Resources had planned on, and insulated itself against, a recession that would last no longer than nine months. Long-term debt was converted so that principal payments would only begin in 1996…
CURRAGH HITS YUKON PAYDIRT A SECOND TIME; Now well into
Curragh Resources’ second Yukon operation, Sa Dena Hes, is approximately 45 km north of Watson Lake or about an hour by air south from Faro. (Sa Dena Hes is a joint venture between Curragh, 80%, and H…
FIVE OREBODIES AND COUNTING
The Anvil lead/zinc/silver district is 200 km northeast of Whitehorse, Yukon. Five known stratiform sedimentary exhalative deposits occur in a well-defined trend within a narrow Cambrian stratigraphic…
WESTRAY’S LOW-SULHUR COAL
Curragh Resources’ Westray coal mine was officially opened Sept. 11, 1991. With hard-to-beat logistics and equipped as a brand new operation, Westray should be Nova Scotia’s most productive coal mine….
CURRAGH TAPS ITS STABLE OF DEPOSITS
Curragh Resources and its Faro, Yukon, complex are in the midst of switching workhorses. Up until the past few years, the Faro deposit — in terms of draft horses, truly a Clydesdale — had fed the 4-…
CUPCAKE HAULAGE: The 12-tonne-capacity concentrate “cupcakes”
When Curragh Resources first considered taking over the Faro operation, concentrate transportation to the Alaskan seaport at Skagway was a key, make-or-break factor. The previous mine owners had relie…
RE-GREENING THE ANVIL RANGE
Curragh Resources’ environmental people have shepherded approvals through the regulatory process several times now — for the Vangorda and Grum deposits two years ago, for Westray in Nova Scotia and f…