1987


Camindex Mines awaits name change approval

While production has resumed at the Valdez Creek placer gold mine in Alaska, Camindex Mines is still waiting for regulatory authorities to approve the company’s decision to change its name. At a meeti…


Alberta Stock Exchange Beardmore issues up

In a week when Alberta volumes were generally low, three companies with properties in the Beardmore and Schreiber areas of northwestern Ontario, proved to be significant performers. They included San …



Obituaries (December 21, 1987)

Gordon Cameron, who was instrumental in forming a number of junior mining companies including Camflo Mines, has died at his home in Gatineau, Que. Cameron, who was born in the Cobalt-New Liskeard area…


Atlantic Report Cornish Miners in N.S.

Seabright Resources of Halifax is taking steps to maximize gold production at the Forest Hill deposit by contracting 20 experienced narrow vein miners from Cornwall, England, for a year. The miners wi…



Lacana expects 50,000 oz a year from Santa Fe

Production from Lacana Mining’s 100%-owned Santa Fe gold property about 32 miles east of Hawthorne, Nev., is expected to begin in September, 1988. The open pit, heap leach operation is expected to tur…


Ontqario majors brace for tighter polution laws

In a bid to find more efficient ways to reduce sulphur dioxide emissions without increasing its operating costs, Toronto-based Inco Ltd. spent $105 million between 1980 and December 1986 on pollution …


Vista files prospectus

Vista Mines has filed an offering prospectus with the Toronto Stock Exchange. The underwriter is Davidson Partners. The issue will raise a maximum of $750,000 for Vista’s gold mine project near the Sa…


Perron Gold raises exploration funds

An exploration agreement has been entered into between Perron Gold Mines and emq (1987) Exploration and Co. Ltd. Partnership whereby Perron will receive $1.05 million in return for 350,000 flow- throu…


Dundee-Palliser pushes for Vezza production

In an effort to bring the Vezza Twp. properties to a production mode, Dundee-Palliser Resources and partner North American Rare Metals have spent approximately $2.8 million on exploration since Septem…


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