Tropicana acquires Greenwood claims
A block of claims in the historic Greenwood mining camp of southern British Columbia is about to be acquired by Tropicana Developments (VSE). The company is negotiating to acquire claims near the old …
News
Ottawa moves on the Arctic
A $100-million Green Plan initiative designed to protect the Canadian Arctic’s fragile environment and preserve the health of northern people has been announced by the federal government. The Arctic …
U.S. REPORT Teck exploring Oregon gold prospect
Through exploration expenditures totalling US$2 million over six years, Teck (TSE) can earn a 60% interest in the Buck epithermal gold property held by Carlin Gold (ASE) and Redfern Resources (TSE). T…
PEOPLE COASTLINE RESOURCES
Brian Mountford, William Walls and William Alderton elected directors.
PDAC Perspectives How the OGS can serve its Toronto clientele
In July, 1986, the Ministry of Northern Development and Mines (MNDM) announced its decision to relocate from Toronto to Sudbury. Industry sources immediately expressed concern as to how this would aff…
PEOPLE SIMPLON RESOURCES
Jack Day appointed interim president succeeding A. Ying who resigned; Sheena Wilson appointed secretary and director.
Vancouver Stock Exchange Vera Cruz is big mover
A brightening in market sentiment ahead of the coming exploration season and an increase in corporate activity helped push the VSE composite index up 9.81 points to 577.04 while the resource index rem…
Prospects excellent for new mine development in B.C.
While British Columbia’s mining industry has seen some tough economic times in past years, there is still plenty of optimism regarding new mine development. Many companies are pushing forward with exp…
Smelter proposal based on custom facility on tidewater
Several small copper smelters operated in British Columbia during the early part of this century, but each died with the exhaustion of reserves of the nearby mines. During the growth of the province’s…
Strike ends at Brunswick as union accepts contract offer
The long strike at Brunswick Mining & Smelting’s (TSE) lead-zinc mine smelter operations in New Brunswick ended recently when employees voted to accept a new 43-month wage contract. Representatives of…
Montreal Exchange New Aur program
A new exploration program involving about 20,000 ft. of drilling and costing about $500,000 at three Louvicourt Twp. properties (in the Val d’Or, Que., area) of Consolidated Abitibi Resources was star…
Goldstream mine starts up
After a 7-year hiatus, the Goldstream polymetallic mine near Revelstoke, B.C., is back in production with a new operator. Equal partners Goldnev Resources (VSE) and Bethlehem Resources (VSE) recentl…