Ocean Drilling to take place off B.C.’s coast
The Ocean Drilling Committee (ODC), an international research body, plans to drill a base metal deposit off the coast of British Columbia next summer. The drilling plan was announced by Jake Epp, fede…
News
Gammon seeks a balance for Ontario
hile Ontario’s new Mining Act will come into force next year, regulations for the act are still being generated. Leader of the team responsible for the task is John Gammon, 49, director of the Mineral…
EDITORIAL Labor costs in S.A.
Gold miners in the world’s largest gold producing country, the Republic of South Africa, have always received a much lower wage than their counterparts in Canada. As bargaining gets under way this yea…
Ican in Colorado
Calgary-based Ican Minerals (TSE) has signed an agreement to earn a 50% interest in a gold property owned by Santa Fe Pacific Mining in Colorado. Known as the White Rock property, the claims host a po…
Akiko options two Ontario gold bets
Vancouver-based Akiko-Lori Gold Resources (VSE) has reached an agreement in principle with Gold Fields Canadian Mining to earn a 50% stake in two gold prospects situated south of Kirkland Lake in nort…
Bouchard’s `Green Plan’ fails to address environmental issues
Hidden assumptions can play havoc with person-to-person communication, and unstated premises buried in an ostensibly neutral question can predetermine the answer. These faults are, regrettably, all to…
Drillers have to help convince public about the need for mineral
Canadian resource industries are losing a battle for public support on the environmental front, warned Tom Waterland, president of the Mining Association of British Columbia. In a spirited address to …
Reappraisal of Moss Lake indicates open pit potential
Hemlo Gold (TSE) is providing a further $2 million to close associate Central Crude (TSE), for a greatly expanded program at Crude’s Moss Lake project in the Shebandowan area, 70 miles west of Thunder…
Black Hawk poised to take control of Union nickel-copper deposit
If the planned acquisition of China First Capital wins regulatory approval, Black Hawk Mining (TSE) will gain control of the Union nickel-copper deposit in Maine. Black Hawk has agreed to purchase 1.3…
GOLD FUNDS (May 14, 1990)
MVP BGR Central Capital Net value $10.68 $5.77 $0.36 Price $9.125 $5.750 $0.17 Discount %14.56% %0.3% 53% Value $63,606,200 $96,739,725 N/A…
Correction (May 14, 1990)
The geographic location of the Harker Holloway gold project of Freewest Resources (ME) was incorrectly identified (T.N.M., May 7/90) in a headline. The proper location is northeastern Ontario, north o…
Kingswood seeking partner in Quebec
Toronto-based Kingswood Explorations (ASE) says it is seeking a joint venture partner to continue exploration on its 404-claim gold property in Lanouillier and Gaudet twps., Que.