Montreal Exchange Trading activity heavy
While trading volumes have generally been excellent this past week, the Montreal Exchange lost ground, with both the market portfolio and the mining and minerals index closing down. Action continues t…
1987
Mobrun mine, a triumph for Audrey president
In a region where Falconbridge and Noranda are the established producers, a relative unknown named Audrey Resources is about to make its presence felt with announcements on two key properties. During …
Canamax results encourage south of Kremzar project
Drilling by Canamax Resources on its large land holdings adjacent to the company’s developing Kremzar gold mine, is yielding strong results. The Kremzar mine and surrounding properties are located nea…
Vancouver Stock Exchange Central Crude among big movers
Perhaps being a few thousand miles away from its east-coast stock market counterparts, where jittery investors seem to be behind much of the current volatility, can be advantageous for the Vancouver e…
Duration expands dewatering at Theresa
Initial results from an underground program at the Theresa mine project near Geraldton, Ont., are encouraging, Duration Mines president David Rogers says. Duration and Locator Explorations are equal p…
Environment an issue in Ontario election campaign
In the second of a 2-part article, The Northern Miner looks at issues affecting northern Ontario in the current provincial election. While freer trade with the U.S. and state-owned auto insurance are …
Pilot plant test by Giant Bay
Killer bugs have successfully broken down refractory gold ores north of the 60th Parallel. These aggressive little microbes attack in waves and the attrition rate is almost 100%, unheard of in convent…
Agnico earnings are up sharply
A sharp improvement in the second quarter operations of Agnico- Eagle Mines has resulted in a 3- fold increase in this company’s half year net to $5.1 million or 37 cents per share, compared to $1.5 …
Obituary Alex Samson
Alex Samson, former treasurer and a director of Campbell Chibougamau Mines (now Campbell Resources) has died in Peterboro, Ont., at age 80. Mr Samson, who was with Campbell Chibougamau from 1950 to 19…
Citadel options Duraine claims
Citadel Gold Mines has completed an agreement with Dunraine Mines and Goldun Age Resources giving Citadel the right to earn a 50% interest in the Parkhill gold property. The project is located near Wa…
High grade at Lamaque cut by Teck and Tundra
One of the best holes ever drilled on the Lamaque mine property near Val d’Or, Que, has been completed by Teck Exploration and partner Tundra Gold Mines. Hole T-13833 cut a 62.9-ft section in the No. …
Letters to the Editor Reader called it right
Your editorial South African Strike in the Aug 17 issue suggests the possibility “that gold could soar even further on international markets as a result of a prolonged South African strike.” While thi…