Eastmaque reports good first year
Looking back on its first year of operations — a time some juniors meet their Waterloo — Eastmaque Gold Mines (TSE) can add up a respectable 19,858 oz gold produced from a heap leach project in Cali…
News
Quebec mining ventures studied
A report published this year on mining projects in Quebec operated by French-Canadians says the typical enterprise has about 4 million shares in circulation which are in the hands of 400 shareholders….
Hope Brook reports output of 18,629 oz
Gold production of 18,629 oz was reported by Hope Brook Gold (TSE) for the first six months of 1988 from its Newfoundland mining operation. Production at the site was suspended for the winter and did …
Ex-directors of Seabright sued
The Australian mining company which earlier this year took over east-coast gold producer Seabright Resources is suing the former directors of the Canadian company for $60 million(C). Western Mining, t…
Chesbar, Murgold report continued high gold values
Underground drifting on the 400-ft level at the Chester Twp. gold project in northern Ontario has confirmed the strong downward continuity of the No 3 vein system, Murgold Resources (TSE) President Ch…
Drillers hurting as exploration lull continues
A stodgy market has combined with uncertainty over the future of government tax incentives to take some of the steam out of an exploration boom which permeated the Canadian wilderness between 1983 and…
Editorial An election plank
It’s not often, in Canada, that political leaders even mention mining let alone consider the industry, one which might contribute a plank to their election platform. Not so in the U.S. At a recent con…
Uranium symposium (August 08, 1988)
The 13th annual symposium of the Uranium Institute, an international industrial association of the civil nuclear fuel industry, will take place Sept 7-9 in London. Sixty-eight corporate members from 1…
Winston Lake zinc mine a boon for North Shore
Ontario’s first base metal mine to open in eight years, the Winston Lake zinc mine 23 km northwest of here, was hailed as a boon for communities along the north shore of Lake Superior during opening c…
HSK, Joutel Res. in joint venture
Toronto-based HSK Minerals (TSE) and Joutel Resources (TSE) are about to embark on a joint venture at eight mining claims in the Guibord and Hislop Twp. areas southeast of Timmins, Ont., HSK said rece…
Noranda’s CEZ adding silver recovery circuit
Celebrating 25 years of production, Canadian Electrolytic Zinc (CEZ) is adding a silver recovery circuit to its zinc reduction plant located just outside Montreal. A pilot plant has been installed and…
Vancouver Stock Exchange Sumer doldrums slow trading
It was yet another quiet week on the VSE with many investors still on the sidelines waiting for news from summer programs now under way in northwestern B.C. and elsewhere. The expectation is that good…