Ore reserve course
Ecole Polytechnique of Montreal is presenting a 5-day course on Geostatistical Ore Reserve Estimation from March 16 to 20, 1987. The instructor is Dr Michel David. The course is meant for geologists, …
News
Tax Angles: Deduction restrictions not applicable
A basic ingredient of any tax shelter arrangement is the acceleration of the realization of tax deductions and credits by the introduction of taxable investors into those situations where such deducti…
Inco’s productivity gains hurt by poor inckel price
Sometimes it seems that Inco Limited just can’t do anything right. After four years of brilliant technological innovation and painful cuts to its employee roster, the world’s largest nickel producer h…
HSK Minerals listed on TSE
Shares of HSK Minerals were posted for trading on the Toronto Stock Exchange for the first time on Oct 28. Formerly Homestake Exploration, the company changed its name by a recent certificate of amend…
New World Gold Council gains Intergold facilities
The newly-formed World Gold Council has reached an agreement in principle to take over Intergold’s existing offices and staff in 10 countries in Europe, the Far East and North America. Intergold (a co…
Ontex/Abcourt deal on Quebec property
A joint venture agreement has been completed between Ontex Resources and Mines Abcourt, giving the latter company the right to earn a 50% interest in a gold property. Located in Barraute Twp., Que., t…
U.S. silver usage declines during second quarter
An 8.6% drop in the use of silver for photographic material, the metal’s largest user category, resulted in an over-all drop of 1.3 million oz in the U.S. during 1986’s second quarter says the Silver …
Refiners developing ways to deal with waste
At Valleyfield near Montreal, a technical committee set up by Electrolytic Zinc of Canada has met to decide which of the competing technologies developed since the early 70s have the most promise for …
Belmoral shows quarterly profit
Belmoral Mines reports net income of $259,000 or 1 cents per shares in the third quarter of 1986,the first profit recorded by the company in the past three years. For the same period a year earlier th…
Gold/Silver values high at Multinational’s Baker bet
Some late-year drill results from Multinational Resources’ Baker mine property in the Toodoggone area north of Smithers, B.C., are quite spectacular. Not only are the gold assays high grade but the si…
MABC welcomes task force idea
Responding to a call on the mining industry from B.C. Premier William Vander Zalm to join a task force study group, the Mining Association of B.C. says it welcomes the suggestion. Premier Vander Zalm …
Tandem/Syrex deal
An option agreement has been completed between Tandem Resources and Ayrex Resources. The deal gives Ayrex the right to earn a 50% interest in Tandem’s Frond Lake gold prospect near Fort Hope, Ont. Ayr…