B&B proposes new mine in southern California
A new gold operation, the open pit, heap leach Castle Mountain project, is being proposed in southern California by B & B Mining of Vancouver, B.C. According to a plan of operations filed with the U.S…
News
Echo Bay budget $9.5 million
Echo Bay Mines has budgeted $9.5 million(US) for exploration work on its Kettle and Key gold properties in Washington state this year. The company can earn a 60% interest for an expenditure of $10 mil…
Falconbridge’s Pelletier drills yield more gold mineralization
International Thunderwood Explorations of Toronto and joint venture partners Falconbridge Ltd. have released some encouraging results from the Pelletier Lake gold property two miles southwest of Rouyn…
Kapalua plans shaft, stoping
Plans to sink a shaft and perform lateral stoping for the removal of bulk samples have been announced by Kapalua Gold Mines of Calgary for the Briscoe-Bryce gold property near Kirkland Lake, Ont. The …
Vancouver Stock Exchange Windarra slips on production news
One of the most active issues on the Vancouver Stock Exchange this week was Windarra Minerals. Some 718,900 shares changed hands as the issue slipped a penny to close at $1 even, once again proving th…
INSIDER TRADES (March 21, 1988)
Breakwater — P. Brown bought 88,000 to hold 88,000. MacLachlan Inv bought 24,700 to hold 27,400. Conrex — W. Kertes sold 800,000 (private) to hold 200,000. Dune — R. Runcie sold 19,000 to hold 25,0…
Vedron delays decision on Timmins production
A production decision at Vedron Ltd.’s Timmins gold project in northern Ontario has been put off until at least July, President Leon La Prairie told shareholders at the annual meeting. While the compa…
Mining areas of ancient Britain
Interested in something really different? A little foray into one or two of the mining areas of Great Britain of two millennia ago might prove engrossing to a minerals man who has seen all the usual t…
COATS Trading Features (March 21, 1988)
The volume leader amongst resource issues on coats was Tarzan Gold. The issue traded through more than 180,000 shares this week to add 25 cents to $1.50. Tarzan holds varying interests in a large por…
Bema completes Abo takeover
The takeover of Abo Resources by Bema International has received regulatory approval. The two are joint venture partners with Kerr Addison Mines in the Harrison Lake gold project 60 miles east of Vanc…
Letters to the Editor A pleasant reminiscence
I worked at the Lake Shore in the early ’30s and your recent Odds ‘n’ Sods story brought to mind an event that happened there. I was a machine runner working for Jone Southall in a stope on the upper …
Mining cash flow can be as lucrative as succesful mining itself
Mining concerns devote the majority of their time and creative talents to the traditional aspects of the industry exploration, discovery and production. Cash flow is always important, but has been vie…