Suggestion Box A PORTABLE SOLUTION
With the proliferation of flow-through financing, some exploration companies have found it nearly impossible to find a drill rig. In the winter drilling season last year, at least one junior company, …
News
A BREAKNECK PACE St Andrew
It’s been a while coming, but it finally appears that this will be the year St Andrew Goldfields will put its Stock Twp. property into production. Reconnaissance surface drilling first identified the …
A BREAKNECK PACE Timmins Tailings
This is one of at least three mining projects in Canada that will be recovering gold from old mine tailings this year. Located in the biggest gold camp in the country, it is also the biggest and poten…
A BREAKNECK PACE Cape Spencer
Although the company poured its first gold bar in June, 1986, Gordex Minerals of Saint John, N.B., had to find a technological fix to bring its small Cape Spencer gold mine officially into commercial …
Mining community protests flow-through changes
A large group of mining industry people concerned about the future of flow-though funding attended a pre-Christmas rally in Val d’Or, Que., organized by the Quebec Prospectors Association. Regie Labea…
Lively intersection by San Paulo at Leitch mine
A discovery that could well prove important has been made by San Paulo Explorations in an exploratory drill hole in a program it has recently started on the Leitch mine property at Beardmore in northw…
Christmas Cheer absent amongst market traders
There was little seasonal cheer for the majority of the resource issues on The Toronto Stock Exchange this week. Sloppy, directionless trading and continuing nervousness following the Oct 19th de…
Musto plans to reopen Apex mine
VANCOUVER — Working to redress the problems which forced the September closure of its Apex mine near St. George, Utah, Musto Explorations hopes to reopen the gallium and germanium-producing plants in…
Correction (December 28, 1987)
In a reference to the real estate interests of Agnico-Eagle Mines carried in our Investment Comments column, it was incorrectly stated that the new arm could be liquidated immediately at a profit of $…
SherrGold has 4 drills busy at MacLellan mine property
Almost 25,000 ft of a 43,000-ft drilling program on the MacLellan mine property near Lynn Lake, Man., has been completed, SherrGold Inc. reports. Four drills are busy on the property, which hosts a pr…
Misima to give Place Dome 210,000 oz a year
VANCOUVER — Determined to maintain its position as North America’s largest gold producer, Placer Dome has announced yet another mine development — this time at its Misima gold property in Papua New …
Former employees at Gaspe Copper to get assistance
The Gaspe Copper division of Noranda Minerals at Murdochville, Que., has set up an initial fund of $1 million to help former employees at the Gaspe Copper mine dispose of their homes in Murdochville. …