News

OSC meeting

The Ontario Securities Commission will hold a public meeting at its Toronto offices on Oct 21, (beginning at 9.30 a.m.) to hear submissions from the public concerning the Thompson Committee report on …


MacMillan/Granges extend Mishibishu Lake gold zone

The gold zone being developed in the Mishibishu Lake area of northern Ontario under a joint venture with Granges Exploration has now been traced for 1,100 ft with current drilling stepped out to beyon…





Report from Calgary: Asamera results disappointing

Asamera Inc. reports that a total of 134,726 tons of ore was processed through the mill at the Cannon mine in Wenatchee, Wash., during the second quarter of 1986. An 82.37% flotation recovery was aver…


CIMM symposium

The Canadian Institute of Mining and Metallurgy will hold its 4th mineral economics symposium in Vancouver Nov 11-13 with the theme Managing for Strategic Advantage. The symposium will draw on the exp…




Senior management also hit in new Falconbridge moves

Chairman William James of Falconbridge Ltd. will himself be among tho se to feel the direct effect of recently-announced production cutbacks and layoffs at Sudbury, and other cost-cutting moves by the…


Borrowings, price slump major Eldorado setbacks

Eldorado Nuclear reports a loss of $13.4 million on revenues of $42.7 million in the second quarter this year, compared with a loss of $2.3 million on revenues of $67.5 million in the similar period l…


Editorial: Geologists are too tough

A totally unsubstantiated report, just now surfacing, has it that several years ago in the jungles of Java, two geologists lowered into an old mine to check it out were eaten by a 40-ft python lurking…


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