News

A NEW CONVEYOR

Numerous changes have been made to the E zone mine conveyor belt system after an underground fire in 1987 left one miner dead and cast grave doubts over the mine’s future. The blaze broke out April 1,…


ISLAND

Not long ago, the Island Copper mine on Vancouver Island had faced a 1992 deadline for closing. Fortunately, its lease on life has been extended to 1996 because of an imaginative new mining plan. The …


Bunker Hill reports loss

Bunker Hill Mining (VSE) reported a loss of $613,793(US) or 4 cents per share in the first quarter, compared to $705,591 or 6 cents a year earlier. The Bunker Hill mine at Kellogg, Idaho has been pro…


Citadel adds claims to Surlaga holdings

Toronto-based Citadel Gold Mines is expanding its land position near Wawa, Ont. where the company is attempting to bring its Surlaga gold mine property back into production. Citadel says it has agreed…


Golden Terrace turns attention to base metals

While he is not giving up on gold, President Garry Smith of Golden Terrace Resources (TSE) says he would like to see his company branch off into base metals and industrial minerals. The junior company…


Valdez Creek placer project going on hold

Operations at the Valdez Creek placer gold project in Alaska will be suspended temporarily in September and the project placed on a care and maintenance basis pending higher gold prices. The project, …


Maintenance AVOIDING CRISES

“History-and-analysis” is the term used for the recording and analytical study of interesting past events in a given maintenance program. It is an essential part of any effective maintenance operation…


Montreal Exchange Interest remains high

Trading activity was busy again this week in companies with interests in properties in the Val d’Or, Que., area near the recent Louvicourt Twp. copper-zinc discovery. The find by Aur Resources and Soc…


On western extensio New discovery at Mishibishu

A new gold discovery of much more than passing interest has just been made by the Hemlo Gold Mines (TSE) and Noranda Exploration team on a large optioned property at the western extremity of the 23-mi…


Hardrock and partners face financing hurdles

Affiliated companies Hardrock Extension (TSE), Geraldton Longlac Gold (COATS) and Ferau Resources (COATS) face a difficult task ahead as they try to raise funds for additional exploration work on thei…




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