Financing of new mines theme of PDAC convention
The Prospectors and Developers Association of Canada (pdac) has chosen a timely theme for its convention in Toronto this year: Financing — the key to new mines. With the future of flow-through financ…
News
Quebec plans to introduce new explorer incentives
The province of Quebec started the resurgence in exploration when it introduced its Quebec Exploration Account dedution back in 1980. The federal government brought in the Mining Exploration Depletion…
Dynamic plans to revive Black Hawk
For the second time in just over a year, a group of Toronto investors has promised to reactivate Black Hawk Mining and inject some new capital into the Toronto-listed shell company. Dynamic Capital Co…
Fairbanks hosts heap-leach course
A short course on the recovery of gold from ore using heap leaching technology is being presented at the Alaska Civic Centre, March 22-23, in Fairbanks, Alaska. Presented by the Alaska Departments of …
Aur’s Hewfran bet looks promising
On the verge of becoming a gold mining company, Aur Resources of Toronto could become a larger concern much sooner than previously thought possible, the company says. That was the latest news from Aur…
GCSA to contest Equity vote
CSA Management Ltd. plans to contest the outcome of a close vote at a special meeting of limited partners of Equity Preservation Corp. and Equity Reserve Corp., two closed-end flow-through funds. The …
Golden Zone and City Resources negotiate Alaskan joint venture
Negotiating for joint development of its Golden Zone property in south central Alaska, Golden Zone Developments has signed a letter of intent with United Pacific Gold Ltd., a private company partly ow…
Interaction completes Nevada drill program
Result of a 5,765-ft reverse circulation drill program are encouraging for Interaction Resources on its Fireball Ridge gold bet, near Reno, Nev. The company completed 20 holes at a cost of about $70,0…
Golden Range set to raise $1.6 million
Toronto-based Golden Range Resources says it will offer shareholders the right to acquire shares and warrants of its capital stock in a bid to raise more than $1.6 million. Golden Range says Canarim I…
Etruscan drilling Gabel Canyon bet
A second phase of drilling is being undertaken by Etruscan Enterprises on its Gabel Canyon project in Eureka Cty., Nev. The company can earn a 50% interest by spending $275,000 on the property. Two ho…
Nickel prices on LME really take off
The research department of a Toronto securities firm calls nickel the “star of 1987” among base metals. Judging by recent events, nickel could be in for another stellar performance this year. The meta…
Labor productivity doubles since 1981
The Mining Association of Canada (mac) has released results of a study which show that labor productivity in the country’s metal mining industry has doubled since 1981. George Miller, president of mac…