Anglo Canadian raises $400,000 for Timmins bet
lDynamic Capital has agreed to provide Anglo Canadian Mining (TSE) with $250,000 to finance the first stage of exploration on the MWF gold prospect in Matheson Twp. near Timmins, Ont. Anglo has also r…
News
Papers on acid drainage invited
Acidic mine drainage is the largest single environmental problem facing the industry today. In Ontario and Quebec alone, there are 40 abandoned mine sites classified as hazardous waste sites because o…
U.S.REPRT Pacific Sentinel options Arizona gold prospect
An aggressive drill program is being planned by Pacific Sentinel Gold (VSE) for a recently optioned bulk tonnage, potential heap leach gold property in La Paz Cty., Ariz. Pacific Sentinel can acquire …
Falling aluminum hits Amax income
A 40% drop in the price of primary aluminum from early 1989 levels was responsible for a decrease in the first-quarter income reported by New York-based Amax (TSE), according to Chairman Allen Born. A…
PEOPLE NORGOLD RESOURCES
Steven Potter appointed president; Richard Graeme, appointed vice- president Operations; Robert Schafer appointed vice-president Exploration and Acquisition.
PEOPLE TERRATECH RESOURCES
Gerry Curtis appointed president and chief executive officer and director succeeding Hugh Cameron who has resigned but continues as a director; Neil Paget appointed chairman of the board.
PEOPLE INGERSOLL-RAND
Daniel Kletter elected vice-president. He also remains president of the company’s Construction Equipment Group.
PEOPLE ACADEMY RESOURCES
Ted Yardley appointed to the Board of Directors.
INSIDE Australian rig a major innovation
Hailed by some as the most exciting and innovative development in the drilling industry since the introduction of the wire-line core system, the multi- purpose drill rig system developed in Australia …
INSIDE Research in drilling could help industry
The National Research Council is involved in studies to refine devices used in testing drill bit performance and to optimize drill bit composition and drilling conditions. The results could prove to b…
INSIDE Core drilling used in geothermal work
Geothermal exploration has traditionally been done using large oil field equipment, but advances in equipment and techniques have given exploration companies an alternative method of drilling, in part…
INSIDE Ocean drilling off B.C. coast
An international research body plans to drill a base metal deposit off the coast of British Columbia next summer as part of an international research initiative to study the geology of the world’s oce…