This country’s mine-finders and mine-makers are recognized internationally as the best — everywhere but right here at home. For the average Canadian, we suggest, remains quite unaware of the very sig…
A lawyer by profession, James Y. Murdoch, who became first president of the fledgling Noranda Mines in 1922, at the age of 32, was one of the greatest builders Canada ever produced, not just a mine-…
After persuading E.B. Eddy Forest Products to extend the deadline for an option agreement at the old Jerome mine near Swayze, Ont., Toronto-based Jerome Gold Mines (ASE) has raised $500,500 to finance…
Calgary-based junior capital pool company Goldbank Ventures (ASE) has acquired a polymetallic property in British Columbia’s Kamloops mining division. Goldbank recently staked the 134-claim Mila prope…
The claim to Canadian mining immortality for Herman H. “Spud” Huestis came with his introduction to the world of the large tonnage, low-cost Highland Valley copper deposits in British Columbia, severa…
Crystal-ball gazing is a hazardous occupation, but once every winter, as we cross the threshold into a new year, we indulge our inclination to tell the universe just how we expect it will unfold. If t…
There appears to be a tendency for success in mine-finding to attract lawsuits. The lawsuits are advanced by lawyers on behalf of their clients, and sometimes it is the ingenuity of counsel that has e…
The editorial “Mining a poor cousin in New Brunswick” (N.M., Dec 12/88) unjustly criticizes the level of funding provided by the New Brunswick Department of Natural Resources and Energy for exploratio…
The U.S. investment banking firm of Drexel Burnham Lambert Inc. is to be the underwriter of a proposed $50 million(US) offering by Galactic Resources (TSE). The company’s wholly-owned subsidiary, Gala…
When John C. White was still at the lower levels of the pecking order at the Madsen Red Lake mine in the late 1950s, he and veteran geologist Doc Bishop would occasionally meet in the mine staff house…
London Metal Exchange Spot closing prices in Pound Sterling per tonne, except zinc and nickel ($US per tonne) Date Dec 27 Dec 26 Dec 23 Dec 22 Dec 21 Copper N/A N/A 1…
Calgary-based Octan Resources (ASE) has completed the acquisition of Terra Mines’ (TSE) Camsell River assets in the Northwest Territories which were shut down due to low silver prices in 1985. They in…
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