1989

Positive feasibility study for Atlanta Gold

With a positive feasibility study in hand, Atlanta Gold Corp. (TSE) says it is moving ahead to complete the permitting and project financing for its 100%- owned Atlanta Gold project in Elmore Cty., Id…


Crofoot mine production boosts Granges earnings

Granges Exploration (TSE) reported net income of $655,000 in the first quarter, compared to a $250,000 loss for the same period a year earlier. The latest results included gold production from the com…


New study planned on state mining taxes

A new study is planned to look at the impact of state taxes on the mining industry. “State tax structure is an important factor in determining whether or not a mine project is economically attractive,…


Montreal site for aluminum symposium

The Metals Week Second Aluminum Symposium will be held Sept 25-26 in Montreal. Entitled “Facing the 90s,” the symposium will concentrate on the effect of the recent dramatic rise in aluminum prices. I…


Rea Gold taking traditional route to production

Up until several years ago, the height of ambition for a junior company with a promising property was to strike a joint venture deal with a major mining concern, hopefully with one benign enough to le…


Callahan loss $1.2 million

Attributing the loss to lower revenues from the Galena silver mine in Idaho, ongoing problems at the Ropes gold mine in Michigan, and high exploration expenditures, Callahan Mining (NYSE) reported a l…


Beartrack mine will boost Canyon output to 50,000 oz

Development of the Beartrack deposit near Salmon, Idaho should boost Canyon Resources’ (NASDAQ) annual gold output to 50,000 oz beginning in 1991, Richard De Voto, president, says in the company’s ann…


And now the bad news

“Gold is hard to find, but it is even more difficult to mine.” Bob Buchans, the speaker, should know. As the man behind the CMP funds (a once-popular investment vehicle for flow-through share financings), he was responsible for funding part of…


Suggestion Box THREE SOLITUDES

The use of geostatistics for reserve estimation began in the 1970s and, with the availability of computer technology, is becomin g increasingly accepted. Initially, few consulting firms were capable …


DIGITAL PROSPECTING

Grassroots geological mapping is entering a digital revolution. If the trend gains momentum, it could be so far advanced by the turn of the century that exploration geologists will begin searching for…


ORE HORIZONS THE SAMATOSUM DEPOSIT

Situated in the rolling Shuswap Highlands, 60 km northeast of Kamloops in south-central British Columbia (right), the Samatosum deposit is becoming the first of what Minnova Inc. believes will be a nu…


LAW LEGALISE EXPLAINED

When talking to a lawyer, you might notice the lawyer uses words that are common in everyday speech, but somehow, when uttered by him or her, they take on a strange meaning that may or may not be simi…


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