Editorial Mining and the movies
The story of Corona Corp.’s rise to prominence is like the script from a Hollywood movie, one of those Saturday afternoon matinees from days gone by that seem to continue forever, episode after episod…
News
Beauchamps takes option from Curator
Beauchamps Exploration (VSE) has acquired an option to earn a 50% interest in a promising porphyry copper-gold deposit in the Stikine area of northern British Columbia. The vendor is International Cur…
Hemlo Gold expanding output
Canada’s second largest gold mine plans to get bigger during the next several years. Golden Giant, owned by Hemlo Gold Mines (TSE) expects to increase its gold output to an average of 430,000 oz per y…
Toronto Stock Exchange Traders spooked by signs of economic
Growing signs that the supercharged economy is cresting, triggered more selling today as the composite index slipped another 6.97 pts. Canadian investors were also cautious today in anticipation of th…
BP Canada’s mining success stems from solid exploration
At a time when several oil and gas companies have shed their mining assets to concentrate on core petroleum businesses, BP Canada Inc. (TSE) remains an exception to the trend. Mining continues to be a…
Silverado, Amax Gold consider joint venture
Silverado Mines (VSE) says it has reached an “understanding” with Amax Gold (NYSE) for further development of the Grant mine/ Ester Dome project near Fairbanks, Alaska. Assuming the agreement is forma…
Nelson conference reflects interest in Kootenay
If the turnout at the Kootenay Exploration and Mining Conference in Nelson is any indication, there is plenty of interest in the exploration potential of the Kootenay region. The conference was sponso…
Power to pay shares for Moss properties
An agreement has been signed between Moss Resources (ASE) and Power Explorations (TSE) that will see Moss transfer all its property interests in projects jointly held with Power, to Power in return fo…
What’s New Mining Pump
A new diaphragm pump is now available from Warren Rupp of Mansfield, Ohio. It features self-priming; explosion-proof construction; low internal velocities, easily handling abrasive viscous material; a…
Stainless steel growth boosts chromium
The strong growth in stainless steel applications has nickel producers smiling, but it’s good news for chromium producers too. Chromium consumption rose 30% in 1988 compared with the previous year. Th…
Vancouver Stock Exchange Gains small on a sluggish market
Low gold prices, high interest rates, brokerage month-end and general pre-budget jitters were keeping investors on the sidelines here at press time, as was the case in most equity markets in Canada. A…
Editorial On the winning side
If mining companies want to stay on the right side of environmental issues, they’re going to have to put a little more effort into it. The right side, of course, is the side that wins. And it seems …