The amalgamation of Bankeno Mines with its wholly-owned subsidiary Bankeno Resources has been approved by the board of directors of each company. The two companies are continuing as one amalgamated bu…
A second drill has been added on the optioned New Senator property near Rouyn, Que., by Alotta Resources. So far, approximately 4,500 ft of a planned 20,000-ft drill program has been completed. Assays…
Mill throughput at the Teck-Corona mine at Hemlo reached 924 tonnes per day in Teck Corp.’s first quarter, shareholders were told at the annual meeting. This compares with a 556-ton average for the ye…
Canamax Resources plans to pay more than $3 million for the 20% net profits interest held by Ketza River Mines on Canamax’s Ketza River property in the Yukon. The royalty was acquired by purchasing a …
A seminar on mineral project evaluation techniques and applications will be held Feb 9-20 at McGill University, Montreal, by the university’s department of mining and metallurgical engineering. It is …
Readers will have noticed by now that our popular “Odds ‘n’ Sods” column has moved — we expect more or less permanently — to the editorial page, where it enjoys a prominence we hope it deserves. We …
With production expected from at least three mines in 1987 and a huge working capital of $40 million available, Granges Exploration is looking for at least one other precious metals acquisition. Accor…
A proxy battle is shaping up for control of Canadian Premium Resource Corp., which now is controlled by Mahogany Minerals. A dissident shareholders’ group is soliciting proxies for a new management sl…
A dewatering program is under way at the Maylac property held by Royal Oak Resources. Located three miles north of Geraldton, Ont., the Maylac mine saw limited production in 1958 producing 1,520 tons …
The staff of the Canadian Mines Handbook is currently in the process of updating old maps and compiling new maps for the 1987-88 edition, scheduled for publication in July. To ensure accuracy, holders…
Underground drilling at Treminco Resources’ Tom property near Yellowknife, N.W.T., has intersected a previously unknown vein. An assay of 0.46 oz gold was reported over 8.4 ft from the new structure w…
It was a tough year for Denison Mines in 1986, perhaps the toughest ever, but judging by the bottom line the company met adversity head on and came out a winner. Drastically lower oil prices and ongoi…
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