Toronto to be venue of CIM annual meet
The Canadian Institute of Mining and Metallurgy moves to Toronto nex t year for its 89th annual general meeting. It will be the first in Toronto since 1980. The meeting, which will have for its theme …
News
Underground work started by Northern Dynasty
The first of two underground phases has commenced at Northern Dynas ty Explorations’ Little Bald Mountain mine in Nevada. The 300-ft decline will access a 50,000-ton ore block and production will be s…
Bull market beginnings 6 reasons why gold could soar
If you could buy gold today at the lowest price its been in 12 years , chances are you’d jump at the chance. Charles Huelsman of Paulson Investment Co. of Portland, Ore., who puts out an investment ne…
Noranda’s reorganization may lead to Hemlo company
When some 225 Noranda Minerals staff pack up in November and move fr om their parent company’s head office to their own headquarters across the street, the special relationship between the Noranda emp…
Microcomputer course planned for geologists
Gordian Computer Solutions will be offering a series of microcompute r courses for geologists this fall. Developed by geologists, the courses will introduce the students to an introductory microcomput…
Weak prices put Cantung in red at 6-month mark
Depressed tungsten prices continue to hound Canada Tungsten Mining C orp. which reports a net loss of $5.6 million, or 75 cents per share at this year’s half way mark. This compares to a net loss of …
OGS Open House
The Ontario Geological Survey will hold its 9th annual geoscience research seminar and open house Dec. 3 and 4, in the Macdonald Block, Queen’s Park, Toronto. The program will include papers and displ…
Editorial Strikes threaten B.C. economy
British Columbia has a history of labor unrest which, to a large extent, disappeared during the recent recession. Mass layoffs in forestry and mining because of low commodity prices appeared to hit ho…
Eider drilling on Lac Rose be
Eider Resources is starting a diamond drill program on its Lac Rose property in northwestern Quebec to test a geochemical target and evaluate the average grade of the known veins. Geologist Michel Roy…
Joint venture in B.C.
Goldcap Inc. has entered into a joint venture agreement with Noranda Exploration which will see Noranda perform exploration work on the Tommy Jack property near Prince George, B.C. Goldcap, which has …
Alberta Stock Exchange Trading picks up
Trading was back to about normal this week in Calgary, with 5,549,500 shares traded, almost double the previous week’s slow market. The most active issue was Sweany Gold Corp., trading close to 760,00…
Correction (September 15, 1986)
A story last week on Grandview Resources incorrectly stated that of the company’s reserves of 16 million tons averaging 0.046 oz gold, “about one-third of that is quite low grade and when eliminated w…