PEOPLE HIGH RIVER GOLD
A. MacGibbon elected chairman succeeding David Yue who resigned as chairman but continues as a director; J. Clucas elected president and treasurer succeeding Barney Magnusson who resigned; G. Oakley e…
News
Development to 6,800 ft. at Kidd Creek proceeding, but production
The Kidd Creek Division of Falconbridge Ltd. at Timmins, Ont., does not expect a 16-day loss of production to affect overall 1990 production, according to Vice- President and General Manager Warren Ho…
EDITORIAL Risky business
Perhaps if the name were changed from “promoter” to “entrepreneur,” things would be different. Entrepreneurs, after all, are glorified by the same journalists who have no qualms about vilifying those …
Environmental group knows value of mining to economy
The Ontario Federation of Anglers and Hunters is often at loggerheads with the mining industry on the issue of land use, but even this environmentally act group recognizes the economic importance of m…
Mining succeeds despite burdens being placed on it
To anyone who has never lived in the north, the importance of mining may not be readily apparent. There are no well-publicized statistics on the role mining plays in the economies of northern areas of…
Thunder Bay services exploration needs
Although mining has not historically been a key economic factor in the Thunder Bay area, exploration activity has continued to be strong with a significant growth trend. According to the Thunder Bay E…
Latest provincial budget put additional burdens on mining – Ore
The situation in Quebec has been rather quiet on the taxation front in the past year, except for the federal Goods and Services Tax (GST), where partisanship has stirred controversy. The 7% GST is now…
PROFILE Parres stockpiles his laurels
Whenever the subject of mining in Manitoba comes up, the Parres family is likely to be mentioned. Lew, for one, was dubbed prospector of the year for 1988 by the Prospectors and Developers Association…
Citadel finds high grade gold near old Parkhill mine shaft
A surface sampling program on McMurray Twp. claims near Citadel Gold Mines’ (TSE) Surlaga mill east of Wawa, Ont., is turning up some interesting results. The claims are held by Citabar Ltd. Partnersh…
Toronto Stock Exchange Indices (October 15, 1990)
Oct. 2 Oct. 1 Sept.28 Sept.27 Sept. 26 HIGH LOW Composite “300”3191.38 3175.67 3159.37 3161.49 3181.48 4009.47 3159.37 Metals & Minerals2888.45 2904.67 2860.86 2868.41 2873.50 3453.06 2850.84 Integrat…
Val d’Or area hosts 10 mines plus forestry, manufacturing
Quebec’s city of Val d’Or is no longer the northern supply and distribution centre it once was because of the progress in that area made by nearby Rouyn-Noranda. The city, however, continues as a viab…
Geddes confirms third zone at Windy Craggy
The discovery of a third massive sulphide zone at the Windy Craggy project in the far northwestern corner of British Columbia is being viewed by Geddes Resources (TSE) as an important new development….