News

Candol Developments has acquired options giving the company the right to acquire a 40% interest in seven properties. The properties cover several gold, silver and base metal showings which will be the…

Gold output at the Cannon mine at Wenatchee, Wash., was approximately 6% higher than expected in 1987, according to Breakwater Resources which has a 49% interest in the mine. Calgary-based Asamera Inc…

Marubeni America Corp. of Bensenville, Ill., has introduced a Tri- Sensing System on its hcr-c180r Furukawa rock drill. By monitoring flushing air volumes, air pressure and rotational torque while dri…

Pierre Gauthier should be smiling. His company, St. Genevieve Resources, through the 89.7%- owned Montreal junior Bay Resources and Services, has hit some better-than-average results on it’s Fontana p…

A new, pocket-size, full-featured electronic blaster’s guide is now available from Du Pont Canada’s Applied Technology & Blasting Services group. It is a programmable 16K computer that contains nine s…

Fifty-seven per cent of our gold mines have developed out of properties which had been abandoned or became otherwise dormant. Only 36 1/2 % have been de veloped directly and con tinuously from the ori…

I’ve read how easy it is to buy gold from a bank or trust company such as Guardian Trust. But how do you go about selling it? Is it easy to do? Do you have to pay any fees? J.K., Scarborough, Ont. Ac…

A new 480-page occupational safety and health catalogue is available from Toronto, Ont.-based Safety House of Canada. Safety House, one of Canada’s major suppliers of safety equipment, medical supplie…

When the Granduc Copper mine closed al most four years ago followed by Scottie Gold the town of Stewart prepared for the worst. But the last thing anybody should do is write off an historic mining tow…

Quebec-based Groupe Minier O, comprising seven junior mining exploration companies, raised slightly more than $23.4 million in 1987 for its various exploration projects. Bulk of the funding came from …

Announcing the discovery of two promising massive sulphide lenses near its polymetallic Mobrun mine, which went into production during the latter half of 1987 in the Rouyn- Noranda area of Quebec, was…

Recently announcing the acquisition by staking of 105 mining claims in three separate groups in the Confederation-Uchi Lakes area of northwestern Ontario was Silverside Resources of Toronto. One of th…