Acadia pulls exceptional hole on Mooseland bet
Acadia Mineral Ventures has drilled what President Donald Smith calls “probably the biggest hole to be pulled in the Maritimes.” It’s hole E-5 put down on the east side of the Tangier River on the com…
News
Alberta Stock Exchange Gold volumes climb
Production decisions combined with an increase in the gold bullion price brought trading out of its summer doldrums and sent volumes shooting to levels not seen in recent months. For the second week i…
Pillar power THE RIGHT ROCK BOLT FOR YOUR MINE
Four years ago the Quebec government contracted Laval University in Quebec City to conduct a study of the rockbolt types used in the province’s mines. The objec tive of the project was to produce a gu…
METAL MARKETS Supply factor less influential
The supply of physical gold coming onto the market is less important than it used to be in determining gold prices, according to the analytical monthly GOLDynamics published by B.R. Inc. in Pennsylvan…
SUPPLIERS’ NOTES Drillco Industrial Canada
Drillco Industrial Canada, a manufacturer of rotary drilling tools, has pruchased the Canadian division from the U.S.-based parent company. Dic has retained its previous clients and conducts business …
SUPPLIERS’ NOTES DUX & JCI Inc.
Dux Machinery of Repentigny, Que., and John Clark Inc. of Denver. Colo., have me rged their new machinery businesses. The new company is called DUX & JCI Inc. an d is committed to the underground min…
CROSS-CUTS Gold quiz answers
Apparently quite a few readers were stumped by our gold trivia quiz in the June issue. We’ve been flooded with calls, letters and teletype message s asking f or the answers. For those who may have mis…
Montreal Exchange Essor big trader
Moderate-to-slow trading characterized the week on the Montreal Exchange, where the market was generally up and the big gains were recorded early in the week. Resource issues tended to become listless…
Tundra busy with gold and platinum
Tundra Gold Mines has started drilling with two rigs on its properties in the Labrador Trough area of northern Quebec and Labrador. Initial results from the first hole include a 48-ft section of massi…
ON THE MOVE Victaulic Co.
Victaulic Co. of Canada has appointed Doug Irwin as district sales manager of no rth- central Canada, including Manitoba, northern Ontario and northwestern Quebe c. Based in Sudbury, Irwin has been a …
ON THE MOVE Inspiration Resources Corp.
Burton Joyce, senior vice- president and chief financial officer of New York, N. Y.-based Inspiration Resources Corp., has been appointed president and chief exe cutive officer of the corporation’s S…
North American gold title held by Newmont Gold (August 03, 1987)
The North American title for the largest gold reserve base goes to Newmont Gold Co. Newmont Gold, which is an affiliate of Newmont Mining Corp., controls properties hosting proven and probable reserve…