Viscount moves ahead on underground work
Reporting progress on their Greenwood, B.C. gold property, Viscount Resources and Skylark Resources say they have completed a 585-ft underground decline on the H zone orebody. Also completed are a cro…
News
Toronto Stock Exchange: Golds rule the roost with impressive gains
Wednesday close, Oct 8 The golds ruled the roost this week making impressive gains that broug ht the gold-silver index up to levels not seen since December 1980. This index closed the day at 5,376.79…
Woman said first to be seeking Ph.D. in mine engineering
Louise Michaud, of Cornwall, Ont., believed to be the first woman in North America to be enrolled in a Ph.D. mining engineering program, has won a $5,000 post-graduate scholarship from the Canadian Mi…
Highland Valley Copper, a partnership between Cominco Ltd. and
Mining Corp. has concluded a new collective agreement with the United Steelworkers of America who represent its 1,100 unionized employees at the operations in B.C.’s Highland Valley. The agreement is …
Esso gets values from sampling on Cline’s property
Cline Development Corp. has received assay results of stripping and channel sampling by Esso Minerals Canada on the Markes showing of the Cline East property optioned to Esso and is expecting assays f…
Homestake Expl. to consider name change to HSK Minerals
Shareholders of Homestake Explorations will be asked to consider and, if deemed appropriate, to approve a name change of the company to HSK Minerals Ltd. A special shareholders meeting has been called…
Copper’s down but due to rise
Copper producers are still struggling through a protracted period of low prices, the lowest since mid-1984. As the traditionally quiet summer comes to a close, many are looking for better things ahead…
Chibougamau, Chapais to receive assistance
The Quebec government is casting a $13-million vote of confidence for the Chibougamau-Chapais region. In the short term $2.8 million is being provided to aid three major copper mining companies in the…
Decline well advanced at Vedron/Belmoral bet
Reporting progress on the gold property in the Timmins, Ont. area controlled by joint venture partners Vedron Ltd. and Belmoral Mines, Vedron says a decline ramp has advanced more than 200 ft on the p…
Massval moves on Placer’s Eastmain project
After being almost forgotten for some time, Placer Development’s 100%-owned Eastmain property may be getting the shot in the arm it needs with funding for exploration and development from Massval Reso…
Editorial: There are risks, but rewards are great
Popular misconceptions are persistent beliefs, displaying an uncann y ability to remain alive no matter how untrue they may really be. One reason such misconceptions are labelled `popular’ is that eve…
Start-up for a major diamond drill program is planned for October
Rule Resources for a number of its gold projects in the Val d’Or, Casa Berardi and Mattagami areas of northern Quebec. A total of $1.1 million has been budgeted for the program, which will be funded b…