Editorial Safety record improves
It’s somewhat ironic that tough economic times for the mining industry can be counted as something of a blessing in disguise, at least as far as mine safety is concerned. The Mines Accident Preventi…
News
Vancouver Stock Exchange Volume boiling over
The Vancouver market has literally come to a full boil with trading activity approaching levels only seen during the early 1980s. But the present situation didn’t happen overnight. Volume increases ha…
New president installed Rising cost of gov’t programs among major
A number of issues should keep the new president of the Ontario Mining Association (oma) busy during the next two years, not the least of which is what the industry calls “government mandated costs.” …
Hardrock plans big drilling program
A 30,000-ft diamond drilling program has been recommended for the Hardrock Extension Inc. property near Geraldton, Ont. The work will follow up encouraging drilling completed last year which resulted …
Pelangio plans active year
A portfolio of mineral properties has been put together by Pelangio Larder Mines which will be explored for gold this year, the company says. President J. A. G. Mortson says the company plans to joint…
News in Brief (April 06, 1987)
Yucana Resources has changed its name to Shamrock Resources Inc. on a basis of 1 new for 2.5 old shares.
Golden Eye encouraged by zinc search results
Contrary to widespread belief, there are people looking for metals other than gold. In the base metals sector zinc is probably the only game in town — even more so if there are some precious metal cr…
Investment Comment Placer geared to strong growth
Like everyone else, investors like to have something to look forward to. And strong growth in their stocks is high on the list of what they want to see. Toronto-listed Placer Development fits into thi…
Sanfred options Fort Knox claims
Sanfred Resources has optioned a 26-claim property in Code Twp., approximately 20 km southeast of Kenora, Ont. The ground was optioned from Fort Knox Gold Resources, a 33%-owned affiliate of Inco Ltd….
Alberta Stock Exchange Shabu holds gains
After a brief halt at $9, Shabu Gold Mines resumed trading in the $10.75 range. The issue hit a high of $12.75 during the week — up from 35 cents in February. Incredibly however, the hugh price rise…
Hydra Explorations control to Neptune
Control of Hydra Explorations is passing into the hands of Neptune Resources Corp., which heads a group of investors who are acquiring 750,000 shares from the control block at a price of $1.60 per sha…
Letters to the Editor Gordex not first
A story in a recent issue of The Northern Miner states that Gordex is Canada’s first gold heap leaching operation. This is not true. Anaconda Caribou treated 60,000 tonnes of gossan ore grading 0.156 …