50 Years Ago UPPER CANADA MINES STARTS UP MILL
Upper Canada Mines announced this week in a letter to shareholders that its new, 150-ton mill (near Kirkland Lake, Ont.) is ready for turning over. It was expected that operations would begin Oct 5. O…
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The Billion Dollar Triangle FROM VAL D’OR TO TIMMINS BOUSQUET NO. 2
Perched between the Dumagami mine/mill complex to the east and Bousquet No. 1 headframe to the west on Preissac Road, north of Cadillac, Que., is the new Bousquet No. 2 headframe. Saddled with the tas…
The Billion Dollar Triangle GOLDEN GIANT: HEMLO’S MIDDLE PRODUCER
Two generalizations apply to the total Hemlo orebody. First, the grade decreases going from east to west, so that the David Bell mine (owned jointly by Teck Corp. and Corona Corp.) has the highest ave…
50 Years Ago FINNISH NICKEL TO REACH GERMANY?
The possibility that the Russians may try to seize the big metal mine and plants in northern Finland, which International Nickel has been developing, has cropped up again. The Petsamo nickel mine, con…
50 Years Ago SCHREIBER, ONTARIO AREA REVIEWED
The southwestern and northeastern parts of the Schreiber areas, northern Ontario, are reviewed in great detail in reports just published by the Ontario Department of Mines.
On the Move (October 02, 1989)
Brunner Canada, manufacturer of drill bits and accessories, has named R. T. Legault as its new national sales manager. Legault has more than 30 years experience in mining and related industries, part…
Valley/McAdam Rights offering for McAdam Res.
Hoping to be able in the near future to make a production decision for its Spud Valley gold project on Vancouver Island, McAdam Resources (TSE) reports it has secured the necessary regulatory approval…
Gold Standard, Big Pony exploring for gold in Uruguay
Although Uruguay has never witnessed significant, sustained gold exploration in the past, the small South American country is experiencing somewhat of a gold boom led by companies such as Bond Interna…
REDSTONE NICKEL
The first load of ore came up from underground just this spring. But already, the Redstone nickel operation near Timmins, Ont., has shipped a million lb of nickel in concentrate to the Sherritt Gordon…
Suggestion Box MORE ON GEOSTATS
About 80% of the exploration budget of mining companies is devoted to the search for gold deposits. Over a 10-year period, this exploration effort has resulted in the discovery of gold mines with a va…
Noranda’s Geco seeks prospecting rush
Noranda Inc. (TSE) could use a little help from junior exploration companies in finding a new base metal deposit in the Manitouwadge area, and new geophysical surveys could provide the incentive to at…
Toronto Stock Exchange Mixed economic signals underlie uncertainty
Another week marked by cautious, directionless trading took hold of the markets as investors grappled with mixed economic forecasts. Weakness in the U.S. dollar was the main reason behind the boost in…