News

Three-day course

A course on the design of natural support for underground mining excavations will be given May 12-24, in French, at the University of Quebec in Abitibi-Temiscaming, located at Noranda, Que. The 3-day …


Editorial No sale for Sudbury slag

You’ve no doubt heard of the “Pet Rock,” which a few years back made a fortune in the U.S. and here for its inventor. As P. T. Barnum said, there’s one born every minute, and we continue to fall for s…


News in Brief (March 21, 1988)

Mill City Gold has started a surface exploration program on a 68-claim gold property adjacent to its McMillan gold mine prospect 57 miles west of Sudbury, Ont. The company can earn a 58% interest in t…



Dration/Locator asses Theresa

A good deal of religious fervor, including site visitations by priests, was practised by management in an effort to coax profitability from the Theresa gold mine in the early 1950s. The effort was for…




La Sarre on ME

A Rouyn-Noranda, Que., junior mining company, La Sarre Mining Exploration, was recently listed for trading on the Montreal Exchange (symbol lsa). La Sarre was incorporated in August, 1986. It has inte…


Rayrock boosts earnings in ’87

Earnings of $6.9 million (69 cents per share) for 1987 were recorded by Rayrock Yellowknife Resources, compared with $2.7 million (28 cents per share), after unusual charges of $2.1 million, in 1986….


Water — an unknown at Carlin’s deep deposits

Nevada geologists refer to it as the unknown factor in the business of mining gold reserves. In the wake of one thunderous splash, it can put a damper on even the most sophisticated mining plan, or at…


Buckhorn partners sign new royalty agreement

A new royalty agreement has been signed by partners in the Buckhorn heap leach gold mine in Nevada. The agreement clarifies the recovery by Cominco Resources International (76% interest) and Equinox R…


Glen Auden, Ventex deal

Glen Auden Resources has signed an option deal with Ventex Energy Ltd., giving the former company the right to acquire a 50% interest in a 156-claim property near Atikokan, Ont. Glen Auden can earn th…


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