A BREAKNECK PACE Golden Bear
The rugged Dease Lake area of northern B.C. will soon be the site of a new gold mine when the Golden Bear property, owned by North American Metals and Chevron Canada Resources, starts producing the ye…
News
A BREAKNECK PACE NICKEL PLATE
The inappropriately-named Nickel Plate Mountain is a goldbug’s dream. Placer gold first drew miners to the area near Hedley, B.C., in the 1860s. Later, lode-type gold brought the miners back to the ar…
Law SPELLING IT OUT – Joint Venture Agreements
If there are two parties to an agreement, whether or not they have equal interests, decisions will either be unilateral or they will be unanimous. There is no in-between. So in these circumstances, wh…
A BREAKNECK PACE Beacon
One of the first new mines to come into production last year was D’Or Val Mines’ Beacon mine, east of Val D’Or, Que. It cost this Hughes-Lang company $35 million to bring the mine into production last…
A BREAKNECK PACE Kremzar
That Canamax Resources is bringing yet another mine into production hardly rates as news anymore. True news would be that this aggressive producer/explorer isn’t cutting the ceremonial ribbon on anoth…
A BREAKNECK PACE Golden Patricia
A few years ago, St. Joe Gold Corp. was spun off as a publicly traded company to oversee St. Joe Minerals’ (the parent firm’s) gold holdings in the Western Hemisphere. Overnight, St. Joe became a gold…
A BREAKNECK PACE Cape Spencer
Although the company poured its first gold bar in June, 1986, Gordex Minerals of Saint John, N.B., had to find a technological fix to bring its small Cape Spencer gold mine officially into commercial …
A BREAKNECK PACE Bell Creek
The Canamax game plan goes as follows: like most other junior explorers, the company first focuses on promising exploration projects. It then sets an “economic hurdle,” such as establishing that a pro…
A BREAKNECK PACE Holt-McDermott
In the pantheon of producing mines controlled or owned outright by American Barrick Resources, the Holt-McDermott property should hold a place of distinction. Once this property comes on-stream, it wi…
50 Years Ago January, 1938 RYAN BROTHERS MAKE FINE DEAL
The unusually high grade character of the gold ore disclosed on the Ryan Gold Mines property on the Yellowknife River in the Northwest Territories is indicated by the deal which was made between the o…
Correction (December 28, 1987)
In a reference to the real estate interests of Agnico-Eagle Mines carried in our Investment Comments column, it was incorrectly stated that the new arm could be liquidated immediately at a profit of $…
From camaraderie to paranoia lessons from Hemlo
Recklessly jumping from choppers still several feet in the air, eager to get some of the action of the Hemlo discovery, mining men alighting in the camp with a thud in 1981 were heard to use some pret…