Galore Creek area very active
Sparked by a number of important gold discoveries in recent years, exploration activity in northern British Columbia has reached record levels — and it could get busier. The latest region to heat up …
News
N.A. Rare/Dundee Palliser close to Vezza gold deal
Partners North American Rare Metals (VSE) and Dundee-Palliser Resources (TSE) are on the verge of a major break through at the Vezza Twp. gold property in northwestern Que. where underground explorati…
Merger plan pits Malartic Hygrade against Gold Texas
Gold producer Malartic Hygrade Gold Mines (Canada) (VSE) and Gold Texas Resources (VSE) are battling each other in court over a proposed merger involving Gold Texas and two Texas-based junior mining c…
Ore Reserve Increase at Gabanintha Mine (January 30, 1989)
A reassessment of the ore reserves at the Gabanintha mine by Dominion Gold Mines of Australia has increased the reserves now drilled out in the current mining area to over 2.2 million tons at an in si…
Value of output from metal mines up 26% in 1988
Canadian total metallic mineral output in 1988 increased in value by 25.8% to $13.8 billion from $11.0 billion according to a recent estimate by the department of Energy, Mines and Resources. The grea…
Quarry operator part of Asarco
A subsidiary of Asarco Inc. has purchased a limestone quarry operator in Virginia. The wholly-owned subsidiary, American Limestone, paid about $2.1 million(US) for Acme Stone, whose quarry is located …
First CEIP applications expected this spring
The first applications to the Canadian Exploration Incentive Program (CEIP) are being expected by late April, Peter McLean, Director of CEIP says. The applications will mark the beginning of the new e…
COMINCO LTD.
For 9-month period ended Sept 30, 1988. In millions of dollars, except per-share figures. 1988 1987 Assets $1,996,600 $1,815,900 Long-term debt $337,600 $318,000 Revenue $1,160,600 $915,0…
Vancouver Stock Exchange Base metal plays perk up trading
No one’s calling it a rally yet, but recent activity on the VSE is definitely beginning to percolate. Although a spate of profit-taking is causing some downward pressure on a few of the more active go…
Michele Gold examines Midland Nickel Corp.
Michele Gold Mines (VSE) has acquired a 6-month property examination right on the Midland Nickel Corp. 7-claim property in Pardee Twp., Ont. The nickel-platinum group metals property is near Thunder B…
Investment needed to sustain mine production
Production-sustaining investment at Canadian mine sites has declined some 40 sinc 1981 warn th federa departmen o Energ Mine an Resources. The accompanying graph shows annual production-s…
Dumagami’s new mine a winner for Agnico
With a 10-year ore supply already in sight and its spanking new 2,000- ton concentrator operating right up to expectations, the Donald J. LaRonde gold-copper-silver mine of Dumagami Mines (TSE) is loo…