1988

Mine tailings that are dumped Minto lakes and other bodies Mof water are sometimes viewed with suspicion. Many people worry that the tailings contaminate drinking water. But studies done by Prof Thoma…

Although modern exploration interest in the Mishibishu area came about as a sort of `overflow’ from the Hemlo gold rush in the early 1980s, it was only until recent discoveries that major companies ha…

Then comes the interesting part * * * an estimate will be made of what the annual revenue from a mine will be during production to pay for preproduction capital costs. This requires a forecast of what…

In recent years there has been a great deal of money invested in gold mines — new project financing, mergers, acquisitions and the like. Normally, newspaper reports refer only to the size and financi…

Some impressive assay results were reported by Catear Resources (VSE) from underground stope sampling at its Goldwedge property north of Stewart, B.C. The company is now processing low grade material …

The Stirling Mine in Nevada produced some 5,906 oz of gold druing the first six months of 1988, but 52%-owner Cathedral Gold Corp. (TSE) says it has reduced the 1988 production estimates downward from…

A discovery by Inco Ltd. (TSE) geologists in 1981 of a gold deposit lying about 60 miles north of La Sarre, Que., recently became a producing mine (Golden Pond East), a positive sign for the Casa Bera…

From an address to the Financial Times World Gold Conference by Gordon R. Parker, chairman, president and chief executive officer of Newmont Mining Corporation. To talk about financing companies is to…

A drill program has been completed by Cross Lake Minerals (VSE) on the company’s Red Cross Lake property in Manitoba. The 6-hole program tested an iron formation unit with characteristics similar to t…

Paymaster Consolidated is crosscutting through high-grade ore in the new No. 24 vein on the 2,075-ft. level at the No. 3 winze, The Northern Miner can announce. At presstime, the west wall of the cros…

Once known as John F. Kennedy’s campaign song, the words of that popular tune from the 1960s mirrors the hopeful expectations of every mining company. Armed with a positive feasibility study, more tha…

The following is taken from Starrex Mining Corporation’s shareholder report for the 6-months ended June 30 as an example of how a mining project can work out. Other partners in the mine are Saskatchew…