News

Augdome — B. Gerol sold 96,837 to hold 5,050. Canuc — K. Murton bought 35,000 (private) to hold 227,554. Cheni Gold — Com Francaise de Mines bought 43,700 common shares and 68,570 units to hold sam…

The transition from exploration to mining is a difficult one for any company and Granges Exploration is no exception. But it might have been a lot worse had Granges not had a 19.8% interest in the Tro…

I read recently that Giant Acquisition Corp., a wholly-owned subsidiary of Giant Resources is offering to buy all the outstanding common shares of Pamour Inc. for $10 per share. The remainder are held…

The Cariboo district of British Columbia, famous for its colorful and prosperous gold rush in the middle of the last century, now seems to be entering a new period of mining activity. But whereas the …

At least once a month, as workloads and budgets allow, one of our magazine staffers flies off to tour and report on a mine in Canada. This is a matter of policy — we can’t adequately cover an industr…

“Zeballos is the best thing that has happened to this province’s gold-mining industry in ages,” the deputy minister of mines for British Columbia stated last week at a meeting here of the Engineering …

The latest economic developments are extremely interesting for the Canadian metal-mining industry. Inflation psychology has been injected into business and finance. An increase in commodity prices ove…

Harry Preston was probably the first and maybe the only Canadian prospector to lose his footing and find a mine. The story goes that in June, 1909, Preston, in a prospecting group led by John Wilson, …

Surrounded by coniferous bush, 209 km northeast of Timmins, Ont., sits the Detour Lake gold mine. It is the only fly-in mining operation in Ontario and, as such, has kept a pretty low profile within t…

Probing deep under the water and mud of the west middle arm of Steep Rock Lake, near Atikokan, Ont., a series of eight vertical diamond drill holes has punctured what appears to be a big deposit of he…

Most of the ore at Detour Lake lies adjacent to the contact between an ultramafic unit and a series of mafic volcanics. Gold is primarily localized in quartz- pyrrhotite/pyrite/ chalcopyrite structure…

Opening shots for the big new development program at the Macassa mine, in Kirkland Lake, Ont., were fired this week. Sinking operations began Monday on the new 4,000-ft shaft, in the centre of the pro…