Cominco drilling Calnor gold bet
A surface diamond drill program by Cominco Ltd. (TSE) has started on the Spectrum gold property located in the Liard Mining Division in northwestern British Columbia. Cominco has an option to earn a 6…
News
Bitech to go underground at Nugget Pond property
After outlining a small but high- grade gold deposit on its Nugget Pond property in northern Newfoundland, Bitech Corp (ASE) is set to launch an underground exploration program this fall. Although it …
Bullish outlook for base metals from Australian analyst
An Australian-based securities firm falls into the bullish camp for base metals when looking ahead to 1990 and beyond. J. B. Were & Son, in a recent publication, foresees supply rising to meet demand …
Piedmont boosts gold production by 56%
Despite persistently wet weather that hampered operations at its Haile heap leach mine in South Carolina, Piedmont Mining (NASDAQ) managed a 56% increase in gold production for its second quarter whic…
Ego starts drilling on N.W.T property
The first phase of a 12,000-ft diamond drilling program has started on the BB and Kennedy Lake properties under option to Ego Resources (TSE) and Asquith Resources (COATS), north of Great Slave Lake, …
Copper output losses mounting
Problems at the operations of Bougainville Copper in Papua New Guinea and of Highland Valley Copper in British Columbia are resulting in lost output of about 6,500 tonnes copper per week, Metals and M…
Drilling under way at Savanna/Aur bet
An agreement allowing Aur Resources (TSE) to earn a 51% undivided stake in Savanna Resources’ (ASE) Turner Albright polymetallic property in southern Oregon was closed recently. Under the agreement, A…
Editorial Governments taking more than their share
Even with British Columbia’s mining industry reporting its best earnings in 10 years, future growth is far from guaranteed. Perhaps the most startling figure to come out of an annual review of the i…
Letters to the Editor (September 04, 1989)
Your reply to the query (N.M., Aug 17) concerning Peterson Cobalt Mines struck a chord. I immediately got out my package of sundry mining certificates and found that, yes, I am a shareholder. My label…
Calpine’s latest drilling fuels market surge
The Vancouver Stock Exchange roared back to life in a frenzy of trading activity sparked by drill results from the Eskay Creek gold project north of Stewart, B.C. The bulk of recent trading involves c…
Northern Miner names new Western Editor
Vivian Danielson has been named Western Editor for The Northern Miner, Canada’s mineral resources newspaper. Danielson, a mining journalist for the past five years, was managing editor for a mining jo…
Athlone completes drilling program
Seven short holes testing a gold- copper zone have been completed by joint venture partners Athlone Resources (VSE) and Vital Pacific Resources (VSE) on their Soup property situated of Johanson Lake, …