Editorial World class?
There have been many horror stories in this country in the past year about premature feasibility studies that over-estimate grade and mineable reserves but under-estimate capital and production costs….
News
Juneau conference
The mineral potential of southeast Alaska, western British Columbia and the Yukon Territory will be addressed at “Conference Juneau,” a symposium being held April 19-22 in Juneau, Alaska. Two full day…
Minnova, Laramide plan work on Lara
A major exploration program is planned this year on the Lara deposit of Minnova Inc. (TSE) and Laramide Resources (TSE on southern Vancouver Island. The Lara massive sulphide deposit has drill- indica…
20 companies involved in Lac St. Jean nickel play
At least 20 publicly traded companies have acquired properties in what is shaping up to be an exciting new exploration play for nickel and copper near Lac St. Jean, Que. Interest in the area stems fro…
COATS Trading Features (April 10, 1989)
Top volume leader again this week was Hanson Mineral Exploration with more than half a million of its shares traded at 58 cents -83 cents . Hanson has amalgamated with Perch River Mines, a private com…
Equinox advances J&L project to feasibility
After completing an extensive metallurgical and underground evaluation program, Equinox Resources (TSE) has advanced the J&L project near Revelstoke, B.C., to the feasibility stage. Equinox and partne…
Buyers sniffing at Doe Run
Fluor Corp. has retained two investment banking companies to screen inquiries concerning its 57.5% interest in Doe Run Lead. Doe Run is a major lead producer in the United States. Fluor says although …
Magnacon production due to start this month
A production start-up at the Magnacon gold project in northern Ontario is imminent. Owned by Muscocho Explorations (TSE), Windarra Minerals (TSE) and Flanagan McAdam Resources (TSE), the project could…
Giant Yellowknife planning layoffs at Timmins operations
A new operating plan including layoffs and curtailment of mining activities in certain areas is being instituted by Giant Yellowknife Mines (TSE) following a large write- down of assets for 1988. The …
Costs up by $14 million, but Lawyers producing
Although the final tally for realizing its goal proved to be some $14 million higher than expected, Cheni Gold Mines (TSE) says it has reached commercial production at its 100%- owned Lawyers mine in …
Chinese get close look at Canadian mining
Canada’s gold industry may not be all that old when compared with China’s, but it appears Canadians may be in a position to teach a mining trick or two to the Oriental nation. A small delegation of Ch…
Corona sues to halt bid by Goldcorp
A lawsuit has been launched by Corona Corp. (TSE) in the Supreme Court of Ontario dealing with the takeover battle for associated companies Dickenson Mines (TSE) and Kam-Kotia Mines (TSE). The legal a…