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…
1988
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…
Galactic earmarks $4 million for yukon property in 1988
Another $4.25 million will be spent this year at Galactic Resources’ (TSE) Wellgreen property in the Yukon. The work program will also include metallurgical and environmental studies “with the goal of…
Require more registrants, conference organizers say
Canadian organizers of an international conference on hoisting, to be held in Toronto next month, are disappointed by the number of advance bookings they have received from mining companies in Canada….
Campbell cutting costs Henderson may close, Joe Mann shaping up
The Henderson II mine owned by Campbell Resources (TSE) is living on borrowed time and could be shut down if a $500,000 exploration program fails to increase the operations gold reserves. Proven reser…
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…