FADING ROYALTY?
Buffeted by market conditions and copper prices, copper mining on Quebe c’s Gaspe Peninsula has had ups and downs over the years. One of the bleaker periods in the history of Gaspe Mines, Noranda Mine…
News
50 Years Ago VOLATILITY IN EUROPE AFFECTING COPPER PRICES
No one wishes a war, certainly not Canadians. But it would be folly, in any appraisal of the present situation, to ignore how developments in Europe (namely, preparations for another crisis) might aff…
50 Years Ago HUDSON BAY MINING BOOSTS PRODUCTION BY 500 TONS A DAY
By the adding of a third converter, and by dint of new efficiencies throughout the plant, Hudson Bay Mining & Smelting will raise its capacity to about 5,200 from the present 4,700 tons a day. This 50…
ISLAND
Not long ago, the Island Copper mine on Vancouver Island had faced a 1992 deadline for closing. Fortunately, its lease on life has been extended to 1996 because of an imaginative new mining plan. The …
Imperial starts 1989 program at Mt. Polley
Project operator Imperial Metals Corp. (TSE) has started a major work program which is expected to lead to a full feasibility study for the Mt. Polley copper- gold deposit near Williams Lake, B.C. Mt….
First year gold output 33,000 oz for Crown
Gold output at the Kettle River project of Echo Bay Mines (TSE) and Crown Resources (NASDAQ) is expected to reach about 110,000 oz in the first year, 33,000 oz of that total accruing to Crown Resource…
Stratabound asks for study on impact of CNE bulk sample
Believing that its CNE base metal deposit in New Brunswick can be developed as a low-cost open pit mine, Stratabound Minerals (ASE) has applied to the provincial government for permission to take a bu…
GIBRALTAR
Gibraltar Mines made a smart decision back in mid-decade. The company was saddled with about 200 million tons of low-grade ore and “waste” piled on-site at its McLeese Lake, B.C., mine. Someone decide…
Dejour, Noble Peak seek JV partner on Turquetil property
Joint venture partners Dejour Mines (TSE) and Noble Peak Resources (TSE) plan to carry out a $700,000 exploration program this year on their Turquetil gold property, situated 140 miles southwest of Ra…
On western extensio New discovery at Mishibishu
A new gold discovery of much more than passing interest has just been made by the Hemlo Gold Mines (TSE) and Noranda Exploration team on a large optioned property at the western extremity of the 23-mi…
Hardrock and partners face financing hurdles
Affiliated companies Hardrock Extension (TSE), Geraldton Longlac Gold (COATS) and Ferau Resources (COATS) face a difficult task ahead as they try to raise funds for additional exploration work on thei…
Goldstake awaits study results on South Dakota tailings project
Completion of a preliminary feasibility study for the Whitewood Creek gold tailings project in South Dakota is imminent, Goldstake Explorations (COATS) President Robert Cleaver said at the annual meet…