1987

Investors around the world have been renewing their love affair with gold during the past year, and Canadian gold stocks have all been performing exceptionally well as a result. In fact the market val…

For a project that was viewed as a modest underground producer three years ago, Mascot Gold Mines’ Nickel Plate mine has certainly come a long way. Perched high above the town of Hedley in southeaster…

To the east and to the west, gold is revitalizing a moribund Canadian mining industry. In Nova Scotia earlier this year, Seabright Resources produced a gold bar from development muck at its Forest Hil…

Many of Canada’s mills are small and old. With workforces of only two or three operators, there would be very little advantage in reducing operating costs through automation. So it seems safe to say t…

With 300 men now engaged, and 50 or 60 more to be added, the Sherritt Gordon mine again becomes an important factor in the mining industry of the country. This property, out of production for five yea…

Most agreements that contemplate a party acting as an operator to carry out exploration or other mining work financed by several parties permit the operator to charge against the project some of the o…

Denison Mines of Toronto has found itself in a happy situation thanks to some new technology. An efficient extraction method called solvent extraction and a revolution in solid-state physics could boo…

Global demand for palladium recovered last year to equal its record 1984 level of 2.96 million oz, Johnson Matthey reports in its publication Platinum 1987. Supply, however, ran ahead of demand for th…

Echo Bay Mines recorded a net income during the first quarter of this year of $8.1 million (18 cents per share) compared with $5.7 million (14 cents per share) for the same period in 1986. Total rev…

The following article was written exclusively for The Northern Miner by Mr Anderson, former chairman, Cominco Ltd. and now a director of Gensler & Schwab Inc., New York, management consultants, and Mr…

Bankers Petroleum has acquired 73 claims in Turnbull and Godfrey twps, near Timmins, Ont. One 43-claim block includes limited mine workings established between 1909-1911. A surface exploration program…

Low inventory levels and a weak U.S. dollar are preventing a summer slowdown in base metals markets, and in precious metals the sideways action is a positive action, First Marathon Securities says in …