What’s New A NEW LOCOMOTIVE
As Canada’s miners tackle narrower vein deposits, they’ll need locomotives to haul the ore to the shaft in the mines that opt for track mining. But while locomotives have been around a long time, few …
News
KEY LAKE OPENS THE BASIN
The Key Lake mine, on the south eastern rim of the Athabasca Sandstone Basin in northern Saskatchewan, has been producing uranium since 1983. The first of two high grade open pits has been exhausted b…
SEISMIC REFLECTION
In many respects, seismic reflection profiling is like listening to a voice echoed from a cliff. For land seismic surveying, sound is either generated by explosions or by powerful radio-controlled vib…
50 YEARS AGO WORLD GOLD BOOM
The end of the gold boom (a boom which caused annual world production rates to nearly double in the past nine years) is not yet in sight. World gold production in 1938, according to preliminary estima…
50 YEARS AGO HARRY OAKES WINS BARONETCY
Harry Oakes, staker and original president of Lake Shore Mines, Limited, and pioneer engineer-prospector of the Kirkland Lake district, added another distinction to his already long list when he was c…
Geologists to study Sudbury’s orebodies
Geologists from Laurentian University and the University of Toronto will use a $160,000 provincial grant to study the structural geology of the Sudbury Irruptive, a body of intrusive rocks related to …
Minerals Division of GAC awards Derry, Gross medals
The mineral deposits division of the Geological Association of Canada presented its two top awards during the association’s annual meeting held here during May. Gilles Allard, professor of geology at …
Abitibi Metal Mines concludes placement
A private placement worth $735,000, involving 3,675,000 shares at 20 cents each, has been finalized, Abitibi Metal Mines (ME) reports. The funds will go towards exploration work carried out on the Jol…
Beauchamps expands holdings in B.C.
Beauchamps Exploration (VSE) has acquired five claims in the Stikine area of northwestern British Columbia. The company purchased the ground for $5,000 and 100,000 shares from treasury. The property i…
Curragh looking for a `$700-million acquisition’
Following the completion of a deal to acquire a 20% interest in Asturiana de Zinc, a major zinc smelting company in Spain, privately-owned Curragh Resources plans to embark on a diversification progra…
Dolphin launches Cape Ray program
A $4-million exploration program is set to begin this month on Dolphin Explorations’ (TSE) Cape Ray gold property in southwestern Newfoundland. About half of the program’s budget will be spent on surf…
Oil shales studied in New Brunswick
Geologists are studying oil shale deposits in New Brunswick to see if they are worth developing, New Brunswick’s Minister of Natural Resources and Energy said recently. “New Brunswick oil shales are t…