KIERENS
e small, 250-ton-per-day (230- tonne-per-day) Kierens gold mine, near Malartic, Que., could become slightly larger if a feasibility study on the adjoining Norlartic property pans out. Aur Resources, …
News
Inco reports Snow Lake reserves
A new reserve calculation has been completed by Inco Gold, a wholly-owned affiliate of Inco Ltd. (TSE) for the former producing Snow Lake gold mine in Manitoba. Held under option from High River Gold …
Innovations VERTICAL RETREAT
Back in the early 1980s, Inco was losing $2 million a day. The company had to find ways to cut costs and improve productivity. It did, and the single biggest factor was a shift to vertical retreat min…
50 Years Ago BASE METALS DEAL INVOLVES ALL CANADIAN PRODUCERS
By the end of this week it may be possible to conclude and announce a new deal on Canadian base metals in which all Canadian producers, not simply the “big four,” will participate. In Ottawa, a confer…
Int’l Coast completes study on Polish project
Although risk factors concerning the political environment were n’t taken into account, International Coast Minerals (VSE) has received a positive pre-feasibility study by Wright Engineers for its pro…
50 Years Ago SULLIVAN RESERVES RISE BY 50%
A gain of more than 50% in tonnage and in total value of ore reserves is reported by Sullivan Consolidated Mines as a result of the excellent results of development work on the new deep levels during …
American Pacific boosts earnings
Now that access has been gained to higher grade ore at the El Mochito polymetallic mine in Honduras, American Pacific Mining (TSE) is reporting a substantial increase in production and earnings. The N…
50 Years Ago UPPER CANADA MINES STARTS UP MILL
Upper Canada Mines announced this week in a letter to shareholders that its new, 150-ton mill (near Kirkland Lake, Ont.) is ready for turning over. It was expected that operations would begin Oct 5. O…
Placer Dome to explore Wheaton River
Although still subject to shareholder and regulatory approvals, Placer Dome (TSE) has secured an agreement allowing it to explore and develop a large land package held by Skukum Gold (VSE) in the Whea…
LAKE SHORE TAILINGS
Squeezing more gold out of old tailings isn’t easy, but LAC Minerals has found a way. It took a full year, but the company finally has ironed the wrinkles out of its tailings retreatment operation in …
Coleraine gets grant
Ressources Minieres Coleraine (ME) has received a $100,000 grant from the Quebec and federal governments. The money will fund a portion of a first-phase evaluation of the company’s ferrochrome project…
VSM, Serem drill wide intersection
Drill hole 70 at the Grevet zinc project near Matagami, Que., intersected 44.2 ft (25.3 ft true width) of economic grade, the widest intersection to date, VSM Exploration (ME) and Serem-Quebec report….