PEOPLE — GHANA GOLDFIELDS (September 22, 1997)
George Cavey appointed director.
News
Roycefield adds to Beaver Brook deposit
Roycefield Resources (RYC-T) has boosted the antimony resource at the Beaver Brook deposit in central Newfoundland.With the latest drilling, Roycefield has added 500,000 tonnes grading 3% antimony (us…
FACTS ‘N’ FIGURES — Canadian mines led in ’96
In 1996, the number of mine openings in Canada continued to exceed closures. During the year, there were 20 openings (14 new mines and six reopenings) and 17 closures (10 suspensions and seven permane…
PEOPLE — BRIGADIER
Stikeman appointed director.
PEOPLE — AMBREX
Patrick Burns appointed president and CEO.
LETTER TO THE EDITOR — Activity at Dublin Gulch in Yukon understated
In a recent story on the Dublin Gulch gold project of First Dynasty Mines (“Cornucopia eyes Dublin Gulch,” T.N.M., Sept. 1/97), you incorrectly state that this project “has been relatively inactive fo…
STOCK MARKET — VSE in the doldrums while Alberta holds steady course
More than a dozen western juniors post weekly gain of 50% or more Over the report period ended Sept. 16, the Vancouver Stock Exchange composite index fell 25.59 points, or 3%, closing at 815.95, where…
ODDS ‘N’ SODS — Rent a wreck
During the 1980s, I worked as the technical service supervisor of Eastern Canada for the explosives division of Canadian Industries Limited (CIL).The job required travelling throughout the region, whi…
Mt. Polley mine enters commercial production
Though not yet completely commissioned, the Mt. Polley mine near Williams Lake, B.C., has officially opened.Imperial Metals (IPM-T) is operating the project, in which it owns a 55% interest. The remai…
TSE SHORT POSITIONS (September 22, 1997)
Short positions outstanding at August 31, 1997Larger individual positions include: Armada Gold 114,900, up 114,900; Aur Resources 331,050, up 330,250; Barrick Gold 10,977,077, up 256,010; Bema Gold 4,…
MINERAL EXPLORATION — Minco explores Tian Shan properties in western China
Minco Mining & Metals (MMM-V) has been using a combination of hi-tech remote sensing and old-fashioned prospecting in its summer grassroots exploration program on its Tian Shan properties in northwest…
Altavista boosts Santa Anna resource — Company prepares for feasibility study
Drilling by Altavista Mines (AIA-M) has quadrupled the resource base at its Santa Anna property in northwestern Quebec.Resources now stand at 1.6 million tonnes grading 3.18 grams gold per tonne, comp…