Hot Plays STAGGERING POTENTIAL AT CARLIN
As the dominant property-owner and principal mine-finder along the Carlin gold trend, near Elko, Nev., Newmont Gold has never felt the need to boast about its activities. A portfolio of 15 deposits an…
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Exploration ’88 AGNICO-EAGLE
Agnico-Eagle Mines has set a $9.6 million exploration budget for 1988. The bulk of the money, about $8.3 million, will be spent on surface and underground exploration for silver in the Cobalt/New Lisk…
Exploration ’88 THE STATUS OF FLOW-THROUGH
It looks very much like the flow-through gravy train is making its last whistle stop. Last year, $1 billion was raised through flow-through share financings for grassroots and more advanced exploratio…
Cross-Cuts STAGGERING LOSSES
The Canadian mining industry loses about $940 million every year because it habitually ignores proper maintenance procedures that could reduce wear and friction in equipment components. That rather st…
Exploration ’88 NORANDA
Noranda Inc. is going hunting for base metals this year — not to the total exclusion of precious metals, of course, but enough to mark a major shift in emphasis. Last year, for every $6 spent trying …
Exploration ’88 GETTY
Getty Resources is exploring and developing five major projects in Canada financed by $10 million in 1987 flow-through share issues. It has a sixth project in Nevada, which is funded from working capi…
50 YEARS AGO March, 1938 TAILINGS PROBLEM AT LARDER LAKE
In mining court in Toronto recently, Mr Justice Godson reserved judgment in the matter of the application of Kerr-Addison Mines for permission to dump slimes into a bay on the northeast arm of Larder …
Exploration ’88 QUEENSTON
During 1988, Queenston Gold Mines expects its property interests will undergo a minimum of two underground exploration programs and four surface drill programs. Total exploration expenditures by Queen…
Exploration ’88 HUGHES-LANG
The Hughes-Lang Group has grown to such an extent over recent years that it now comprises some 20 dif- ferent companies. The company has major programs in western and eastern Canada, the Yukon, Mexico…
Exploration ’88 NORTHAIR
Northair Mines has been developing the Willa property, in south eastern British Columbia, with partners bp Selco and Rio Algom. More than $10 million has been spent on exploration and development to d…
Exploration ’88 PICKLE LAKE PICKS UP
During the past three years, exploration expenditures have increased fourfold in the Pickle Lake, Meen Dempster and North Caribou areas of northwestern Ontario. By any measure, the money that has been…
Exploration ’88 RIO ALGOM
Rio Algom, operating through its wholly-owned subsidiary Rio Algom Exploration, plans to increase its Canadian exploration activities in 1988, especially in its search for gold and massive sulphide ba…