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…
News
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…
Noranda/BP Nfld project shows significant values
Eight holes drilled since the middle of July at the Tally Pond- Duck Pond polymetallic project in central Newfoundland have intersected significant values, joint venture partners Noranda Inc. (TSE) an…
Jamex, Dungannon now Claddagh Gold
Shareholders of Jamex Resources (ME) and Dungannon Explorations (VSE) have approved an amalgamation plan which will result in the formation of a new company, Claddagh Gold. It is proposed Claddagh be …
Placer mining is still important
The oldest means of mining gold is placer mining, recovering the gold particles — some of which can be spectacularly rich — along river beds by panning or washing. Placer mining accounts for a small…
Alberta Stock Exchange (August 08, 1988)
Even in balmy August when investors seem to have other things on their minds, news of a gold discovery can still spark some excitement among summer speculators. That was proven this week by Bitech Ene…
Inco won’t renew contract with nickel refiner Sherritt
In the market for new feed for its Alberta nickel refinery is Sherritt Gordon (TSE). The company’s nickel concentrate purchase contract with Inco Ltd. (TSE) is set to expire at the end of 1989 and Inc…