Letters to the Editor Gold “hoarding” explained
Gold hoard mocks poverty, an editorial in your issue of April 4, does not reflect knowledge of the social customs and attitude of Indians. It also shows lack of sensitivity to other peoples’ customs. …
1988
Lac Minerals doubles 1st-quarter earnings
Doubling its earnings during the first quarter of this year compared with 1987 was Lac Minerals (TSE), which attributes the hefty increase to higher gold prices and a higher interest income. Earnings …
Seminar on ground control at Laurentian University
A professional development seminar on rock mass failures in hard rock mining will be held June 1-3 at Laurentian University, Sudbury, Ont. The seminar will run in conjunction with a Canadian mining an…
Automation symposium (May 23, 1988)
The 3rd Canadian Symposium on Mining Automation is scheduled for Sept 14-16 at Hotel Holiday Inn in downtown Montreal. The meeting is being organized by the Canadian Advisory Committee on Mining Autom…
Goldpost targets production from Hislop gold properties
With an $8.4-million exploration- development program budgeted for 1988, Goldpost Resources Inc. (TSE) expects to have sufficient data by the end of October for a feasibility study leading to a produc…
Echo Bay earnings
Net earnings of $10.9 million(US), or 11 cents per share, were reported by Echo Bay Mines (TSE) for the first quarter of 1988, compared with $8.1 million, or 9 cents per share, for the same period la…
Editorial Corporate giving not just a frill
Placer Dome, now in the major ranks of Canadian mining companies, the other day pledged to give $500,000 toward a $34- million campaign fund for a major hospital in Toronto, the funds to be used for t…
Montreal Exchange Final Eastmain study
Encouraging news from northern Quebec has partners Placer Dome and MSV Resources about to undertake a final feasibility study on the Eastmain gold project, which could be put into production by late 1…
Starrex recovers mine investment
All capital investments of Starrex Mining (TSE) in the Star Lake gold mine in northern Saskatchewan have been recovered and a 35% participating interest has reverted to Starrex, the company reports. S…
Acadia/Hecla deal signed
An agreement between Toronto- listed Acadia Mineral Ventures and the Canadian subsidiary of Idaho- based Hecla Mining was signed this week. Over the next three years, the agreement could give Acadia a…
Queries Kodiak no longer at Copperkettle Creek
It is my understanding that there is a lot of prospecting going on in the Copperkettle Creek area near Greenwood, B.C. As a former shareholder in Kodiak Minerals, I would like to know whether Kodiak…
Correction (May 23, 1988)
A story in the May 9 issue describing the Simkar gold project near Val d’Or, Que. failed to mention the company which holds the ground in which Ronrico Explorations has earned a 25% interest. The pro…