Seminars at McGill on mining subjects
McGill University’s department of mining and metallurgical engineering will run three professional development seminars in April and May this year, the first of which will be held April 18-29, and wil…
1988
Beauchamps gets option
An option has been acquired by Beauchamps Exploration from Falconbridge Ltd. on a property located in Bourlamaque Twp. near Val d’Or, Que. Known as the Callahan property, the claims cover an 800-ft-wi…
McKinnon scholarships
Don McKinnon, well known for his role in the Hemlo, Ont., gold discovery, has donated $20,000 in scholarship funds to the Haileybury School of Mines. The funds, to be known as the Don McKinnon Scholar…
Catear’s Goldwedge property slated for production late ’88
Calgary-based Catear Resources is aiming for full production late in 1988 at its Gold- wedge property, 35 miles northeast of Stewart, B.C. Work has started on a 120-ton mill. Building construction is …
H.W.I. arranges funding for Columbian gold mine
Alberta-listed H.W.I. Industries says it has entered an agreement with Ironwood Investments International of Vancouver to arrange a $700,000 bridge loan for work on a South American placer mine. Accor…
Toronto Stock Exchange Firming dollar and confidence bolster
Spurred by improved U.S. trade deficit figures and a growing belief that the U.S. dollar has bottomed out, a degree of confidence crept back into the markets this week — albeit on miniscule volume. T…
Vancouver Stock Exchange Blue chips draw away from pennies
Although volume in Vancouver is still quite respectable, trading ranges for stocks have been fairly narrow, with a few exceptions. Not surprisingly, last year’s market crash has made it difficult for …
Multinational options Carlin-area property
Multinational Resources has optioned the Emigrant Springs property in Nevada’s Carlin gold belt from a U.S. subsidiary of Teck Corp. The agreement with Teck Resources enables Multinational to earn a 5…
Cons. Boundary plans more work on B.C. bet
The second stage of an underground exploration program will be carried out this season on Consolidated Boundary and Grand Forks Mines’ Golden Crown property east of Greenwood in southern British Colum…
St Andrew’s mill work awaits debt financing
St Andrew Goldfields is ready to start driving piles to support mill buildings and a surface crusher at its Stock Twp., gold property east of here. All that remains now is a favorable end to current d…
Gibraltar reports profits for first time since 1980
1987 was a profitable year for Gibraltar Mines, its first since metal prices fell in 1980. Earnings rose to $4,251,000 or 35 cents per share on revenues of $73,929,000. This compares with a loss of $…
TVX adds Chilean mine to portfolio
Toronto-based Consolidated TVX Mining has just added to its Latin American precious metal portfolio by acquiring a stake in a Chilean gold/silver prospect from Consolidated Goldfields. Already Brazil’…