Fair Harbour to drill massive sulphide bet
An exploration program is planned by Fair Harbour Mining Corp. (VSE) for its base metal/precious metal property on Pitt Island near Prince Rupert, B.C. The company plans to carry out property-wide rec…
News
St. Andrew set to begin gold production at Stock
Production from the Stock Twp., Ont., gold mine development owned by St Andrew Goldfields (TSE) will begin by month-end, The Northern Miner learned during a tour of the site. “Milling will begin ahead…
Samatosum mine ahead of schedule
Start-up of the Samatosum project near Adams Lake, B.C., was about one month ahead of schedule, according to Rea Gold Corp. (TSE) which owns 30% of the high grade silver and base metal mining operatio…
HIGHLAND VALLEY
In an effort to boost production and Iincrease operating efficiency, HighIland Valley Copper acquired the nearby Highmont mill l ast year and, at a cost of $70 million, relocated the Highmont milling …
Cassiar increases stake in Rea Gold
By purchasing 324,000 shares of Rea Gold Corp. (TSE) on The Toronto Stock Exchange through a wholly-owned subsidiary, Cassiar Mining Corp. (TSE) boosted its total indirect holding to 2.6 million share…
Cross-Cuts NICKEL URANIUM
At a grade of 2.4%, Cameco’s Key Lake operation is a rich uranium mine. It also has — and this is not well known — a rich nickel deposit. The nickel grade has been officially listed at 2.3% for the …
Editorial Don’t forget gold
When it comes to gold, the market is used to sudden, dramatic price swings. That’s part of gold’s appeal — the opportunity to make large sums of money over a short period of time. All one has to do i…
Valdez Creek placer project going on hold
Operations at the Valdez Creek placer gold project in Alaska will be suspended temporarily in September and the project placed on a care and maintenance basis pending higher gold prices. The project, …
Dividends take 50% of Franco’s cash
Shareholders of Franco-Nevada Mining Corp. (TSE) can look forward to annual dividends of $1 per share, Seymour Schulich, chairman of the company said at Franco’s annual meeting. “The cornerstone of Fr…
FINANCING (July 03, 1989)
Pars Res — 575,000 offered @ 40 cents per sh VANCOUVER Precious Metals — 700,000 sold for gross $350,000 Donner Res — 500,000 sold for gross $175,000 Hixon Gold Res — gross proceeds rec $270,000 S…
Halt trading order on Comaplex shares remains in effect
A cease trading order placed on the common shares of Comaplex Resources (TSE) will remain in effect for the time being, the Ontario Securities Commission has ruled. The cease trading order was issued …
Drifting increases Ronrico stockpile
Drifting on the second and third levels of the East Zone of Ronrico Exploration’s (VSE) Simkar gold project near Val d’Or, Que., have increased the company’s No 1 stockpile to 5,991 tonnes. Ore reserv…