I want to correct a quote attributed to myself in the article “Goldcorp’s fortune tied to Red Lake mine” (T.N.M., Sept. 23/96).I did not say, “It’s not that earlier geologists were stupid or went to t…
One summer’s morning in 1963, the chief geologist at Ontario’s Madsen Red Lake gold mine informed me that I was to locate the drill casing from a hole drilled 20 years previous and that the spot in qu…
Prospector George Campbell’s discovery, in late 1944, of rich, visible gold on the south shore of Balmer Lake, near the town of Red Lake, caused a gold rush to northeastern Ontario.In addition to the …
Ongoing exploration by Goldcorp (TSE) continues to expand high-grade gold zones at the Red Lake mine in western Ontario.Results from 33 holes show that nine have values greater than 0.97 oz. gold per …
Levels of Canadian reserves of gold were up significantly in December 1994, compared with revised figures for 1993. Given the production decisions announced during 1995 and those expected in 1996, the…
Exploration in the Red Lake district of northwestern Ontario has not been restricted to the area around the two major producing mines east of town.While the western part of the belt is usually quieter…
Exploratory drilling at the Red Lake mine in northwestern Ontario indicates that the size of the mine’s high-grade gold zone is larger than earlier forecast, says owner Goldcorp (TSE).Three holes sugg…
The Toronto Stock Exchange moved slightly higher during the report period ended Nov. 21, drawn along by strength in the natural resource stocks. The TSE 300 composite index gained 52.54 points, or 1.1…
Three disadvantages combined to dampen second-quarter earnings for Goldcorp (TSE): a drop in gold production; a lower realized gold price; and higher operating costs at the Wharf mine in South Dakota….
The dog days of summer are upon us, leaving the Toronto Stock Exchange listless and tranquil. The TSE 300 composite closed at 4,586.92 points, down 32.31, for the 5-day report period ended Aug. 1.Sign…
Goldcorp (TSE) has released additional results from its ongoing $10-million exploration and development program at the Red Lake mine in northern Ontario.In addition to advancing drifts, Goldcorp carri…
The recent exploration success at the Red Lake gold mine in northwestern Ontario could translate into a mid-term price of $20 to $25 per share for Goldcorp (TSE).Such is the opinion of David James, go…
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