Rouyn Mining part of research effort
Rouyn Mining Resources (TSE) has joined forces with the Quebec Industrial Research Centre in an effort to improve the efficiency in mining methods of vein type deposits. The pair will build a movable …
News
Mining continues to play a big role in Wawa’s affairs
The Town of Wawa owes its origin and history to the mining business, and even though mining and mining related activities are currently a declining contributor to the town’s economy, they still play a…
Magnacon comparison forms basis for Belmoral valuation
When Strathcona Minerals was attempting recently to prepare a valuation on Belmoral Mines’ (TSE) Val d’Or, Que., mill and two money losing gold mines, it took what seemed to be the only course open to…
New mines minister named in Quebec
A new minister for mines for Quebec has been named following a cabinet shuffle by Premier Robert Bourassa. Deputy premier Lise Bacon has assumed direct responsibility for the mines portfolio under her…
Centurion plansmerger with US Precious Metals
Already affiliated by way of common management, U.S. Precious Metals (TSE) and Centurion Gold (TSE) are planning to merge into a consolidated company with a greater asset base and exposure to opportun…
T.V. expose of VSE ignores mining
Mining exploration and development companies make up about 70% of listings on the Vancouver Stock Exchange. Despite this, the exchange’s important role in North American mining didn’t rate a mention i…
Avondale gets high grades in Iskut area
A 24.3-ft. intercept grading 1.19 oz. gold, 1.39 oz. silver and 0.87% zinc was returned from recent underground drilling at the Inel property in the Iskut River camp of northwestern British Columbia. …
COATS (over-the-counter) Costigan doubles
Investors doubled the share price of Costigan Gold as the junior completed an option agreement on a polymetallic property 200 km southwest of Bathurst, N.B. Costigan can earn up to 40% in the soon-to-…
Editorial Within our means
No one, it seems, likes Brian Mulroney. But like him or not, some of his Tory government’s policies are working. Fiscal responsibility, for example, has been one of the government’s strongest suits an…
Underground sampling at Eskay
The first assay results released by Prime Resources Group (VSE) from underground sampling of the 21B zone at Eskay Creek appear to be confirming with ease the high-grade nature of the deposit north of…
Continental backs Placer Dome bid
Shareholders of Continental Gold (TSE) can expect to receive a directors’ circular in response to the recent takeover bid announced by Placer Dome (TSE). The circular contains an unqualified recommend…
Black Hawk offering to raise $3 million
Toronto-based Black Hawk Mining (TSE) recently filed a preliminary prospectus for a proposed rights offering designed to raise $3 million for a feasibility study on the company’s nickel- copper-cobalt…