Coral Gold may sell Nevada mine
Low gold prices and some operational problems associated with bringing a new heap leach mine on stream are expected to “hold down production” at the Robertson gold mine owned by Coral Gold (TSE). The …
News
Indian lore, movies, animals- are popular as company names
Unusual or exotic company names often add color and reflect the entrepreneurial spirit of the junior mining sector in Canada. Here are just a few of the more colorful company names found among junior …
Fairbanks expands drill program
Results from recent drilling on the Fort Knox gold project near Fairbanks, Alaska, have prompted project operator and 51% owner Fairbanks Gold (VSE) to expand the 1989 exploration and development prog…
Stikine puts stake in Eskay Creek on block
Half the Eskay Creek gold project north of Stewart, B.C., is up for sale. Stikine Resources (VSE) has appointed Yorkton Continental Securities as its fiscal agent to locate a buyer for its shares. The…
Core Shack MAGNACON MINE
The Magnacon mine, 68 miles west of Wawa, Ont., has drill- indicated reserves of 1.4 million tons averaging 0.24 oz gold per ton in quartz veins hosted in quartz-sericite schist within a shear zone at…
Chinese promoting 1990 world Mining Congress
World mining congress China making plans to host 1990 World Mining Congress A small Chinese delegation recently visited Canada to promote the 14th World Mining Congress and Exhibition scheduled for Ma…
Innovations VERTICAL RETREAT
Back in the early 1980s, Inco was losing $2 million a day. The company had to find ways to cut costs and improve productivity. It did, and the single biggest factor was a shift to vertical retreat min…
Black Gregor raises $1 million for exploration work
Toronto-based Black Gregor Explorations (COATS) has completed two private placements to raise funds in the amount of $400,000 and $600,000 respectively. The proceeds will be used for exploration progr…
FOLLOW THE LEADER
Historically, we have focused our attention on two leadership styles: autocratic and democratic. By autocratic, we have referred to the primary use of position power or formal authority. In other situ…
Metal Prices FREE MARKET London Metal Exchange (October 02, 1989)
Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date Sept 26 Sept 25 Sept 22 Sept 21 Sept 20 Copper 1696-1698 1750-1751 1830-1832 18…
The Billion Dollar Triangle THE MARKETING OF SUDBURY
The Sudbury region was an Teconomic basket case earlier Tthis decade. Its twin industrial supports — Inco Ltd. and Falconbridge Ltd. (the latter now a wholly-owned subsidiary of Noranda Inc. and Trel…
WestGold ready to probe USAC’s Idaho gold project
Montana-based United States Antimony and Western Gold Exploration (WestGold) are planning to look for a deep extension of a surface gold deposit which they hope to bring into production next year. As …