News


New assays from Dome Mtn. drilling

The comnies involved in the Dome Mountain gold-silver project east of Smithers, B.C., say they have obtained “very encouraging” gold and silver values from underground drilling over a 130-ft length of…


Costs at White mine approach break-even

Production costs at the Arthur White mine near Red Lake, Ont., averaged $510 per oz during the first half of this year, Cambior Inc (TSE) says. Current gold prices are about $525(C). Cambior, which so…


Editorial Bonus system not cause of minefatalities

There’s a disturbing pattern emerging in mine safety statistics. While lost-time accidents have shown a significant decline over the past several years, mine fatalities have not been reduced at all. I…


Gallactic boosts stake in Panorama Resources

It’s been a busy week for Galactic Resources (TSE). The company closed a series of related transactions valued at $39,375,000(US) with Homestake Mining, and more recently increased its stake in Panora…


Mobrun mill building interrupts production

At first it doesn’t quite compute, like seeing cows grazing on a city street or the Queen Mary lumbering for takeoff at an airport. But there it is, a 110-ft-high headframe smack in the middle of a fa…


Tungco to drill new gold zone

Four new anomalous gold showings were recently uncovered on Tungco Resources’ (VSE) Waratah property in the Iskut River gold camp in northern B.C. The showings were found during this season’s explorat…


Commodity prices reach 20-year high

From a research report by J. B. Were & Son, a member of the Australian Stock Exchange. The current very strong metal prices are largely demand driven with most base metals now coming from almost fully…


Ego busy with a reserve calculation

A tonnage calculation is being made by Ego Resources (TSE) for the company’s west main zone gold deposit near Wawa, Ont. Discovered in January, the find has been the subject of in-fill drilling which …


Hall of Fame to honor first 12 inductees

First inductees into the recently-formed Canadian Mining Hall of Fame will be announced at an inaugural dinner to be held in Toronto November 21. The Hall of Fame will pay tribute to those individuals…


Obituary C. P. Girdwood

Charles P. Girdwood, former general manager of the Dome gold mine in South Porcupine and a former vice-president and director of Dome Mines, died August 8 in hospital at Ottawa. He was 78. Before join…



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