Exploration ’88 PLACER DOME
Canada’s newest gold mining giant, Placer Dome, is boosting its exploration spending to $51.9 million in 1988, an $11.6-million increase over the 1987 budget. But unlike Noranda, which has hungry base…
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Exploration ’88 AMERICAN BARRICK
American Barrick Resources has a firm $3-million exploration budget for 1988, exclusive of exploration activity in the vicinity of the Mercur and Goldstrike gold mines in Nevada.(For information on th…
Exploration ’88 ROYEX
The Royex group, which includes International Corona Resources, Lacana Mining and Mascot Gold Mines, expects to intensify its search for exploration and acquisition opportunities in 1988 under newly- …
Exploration ’88 INCO GOLD
Inco Gold, the recently-created company that handles Inco Ltd.’s gold exploration and development, will spend $40 million this year searching for precious metals around the world. This represents a 52…
What’s New High-pressure Slurry Pumps
High-pressure slurry pumps, manufactured by geho Pumps of the Netherlands, are now available in Canada. The company has established an office in Schofield, Wis. and has formed a new company — geho Pu…
Exploration ’88 THE B.C. BONANZA
TOODOGGONE In terms of exploration activity, 1987 was one of the best years ever for the Toodoggone gold camp, north of Smithers, B.C. Much of the work was flow-through-funded, which obviously will pl…
Exploration ’88 NEWMONT
Newmont Exploration of Canada has budgeted $6.3 million for exploration in 1988. However, another nearly $4 million will be contributed by joint-venture companies on Newmont-managed ground, bringing t…
Suppliers Notes
Outokumpu Equipment of Canada has been appointed the agent in Canada for the industrial line of products manufactured by Berthold of West Germany. ** Products include density gauges, level measurement…
Exploration ’88 CONSOLIDATED GOLD FIELDS
Consolidated Gold Fields of London, England conducts exploration in North America through two wholly-owned subsidiaries — Gold Fields Canadian Mining in Canada and Gold Fields Mining Corp. in the U.S…
50 YEARS AGO March, 1938 BUFFALO ANKERITE REPORTS PROGRESS
Continuing the remarkable forward trend which has been in progress for several years, Buffalo Ankerite Gold Mines, in 1937, marked up increases of 120 per cent in net profits after all charges. The co…
THE WHITE KNIGHTS Beware of PGMs and Pt-Pd Ratios
The buzz of activity in platinum exploration has created some confusion among investors. Assays are often reported as “pgms per ton.” That means all six of the platinum group metals (or pgms) containe…
What’s New SHAKE ‘N BAKE
LEP Chemical, a major chemical manufacturer in the United Kingdom, has come up with a rather remarkable solution to the time-consuming problem of repairing conveyor belts which develop tears and rips …