1987

Good trading in shares of Naneco Resources added more than 30 cents to the issue, which was up to $2. Naneco expects to make a production decision this year on the Johnson Gulch project in South Dakot…

The first “baby” of the Canadian gold mining year was born in north ern Saskatchewan. Located 115 km northeast of La Ronge, the Star Lake mine poured its first gold on Jan 2. In fact the gold pour is …

Morgan Grenfell Securities of London says it expects Hemlo Gold Mines’ initial public offering will be the largest of any non-South African gold company. Although the issue has not been priced yet, th…

Although the company hadn’t made the announcement by presstime, D’Or V al Mines will almost certainly be starting production this year on its Beacon No.2 mine, just east of Val d’Or, Que. The mill is …

A number of 1986 mining flow- through share vehicles were structured so that the shares will be listed on a Canadian exchange and the actual shares delivered to the investors in January or February, 1…

A detailed exploration program is planned on the Theresa Gold Mine property, south of Longlac, Ont., by Duration Mines. The property consists of two mining leases: 18 mining claims totalling 850 acres…

While it may not be a Dome or Hollinger, it’s going to be a good little mine for some years to come. The Bell Creek is the third new mine to be gin produc tion in the Timmins camp in the 1980s and the…

A 10,000-20,000-ton bulk leach test is scheduled to start this spring on the Buffalo Gulch gold deposit, shared by partners Glamis Gold and Amir Mines. Located in central Idaho, the large property inc…

Canadian courts move in mysterious ways their wonders to perform. In general, the court decisions we’re familiar with seem to display a good deal of common sense. Given the facts as we know them and…

Compressor Controls Corp. of Des Moines, Iowa, is moving for the second time in about four years. A new building in Des Moines will increase available space by 50%. Compressor Controls manufactures an…

One has to wonder how Thomas Budnick is going to carry out his assessment work. The Massachusetts resident recently had mining claims on the planet Mars accepted by the county auditor’s office in Spok…

Back in 1984 a 300-ton-per-day Bgold milling operation was being considered. In 1985 that jumped to 1,500 tons per day. In early 1986 it was increased to 1,8 00 tons per day and by the end of 1986 th…