Gold production up at Audrey’s Mobrun
Audrey Resources says that with underground production under way at its Mobrun polymetallic mine near Rouyn-Noranda, Que., gold production increased substantially there during November. According to A…
News
Montreal Exchange Audrey boosts output
Starting and finishing the week in positive fashion, the Montreal Exchange is beginning to show more (though still relatively moderate) trading activity compared with recent weeks. The larger “senior”…
Franco-Nevada awaits increased production
Production at Franco-Nevada Mining’s Goldstrike royalty lands in the heart of the Carlin gold trend was disrupted for much of this year as operator American Barrick Resources focused on construction o…
About delivery
The most consistent criticism we received related to delivery of the paper. “Improve your delivery time,” said one reader emphatically, a message echoed by 15% of those who took the time to write any…
South American Goldfields joint venture with Homestake
Another Canadian company, recently incorporated South American Goldfields Inc., which is closely associated with Golden Star Resources, is likewise turning to Guyana, South America, where a major gold…
Assay results encourage more Esperanza work
Drilling will continue in early 1988 following a successful preliminary program on Esperanza Explorations’ Strebe prospect, adjacent to its Tillicum gold project near Burton in northeastern B.C. Preli…
Alberta Stock Exchange Toprene Gold moves up
While volumes were generally low, a number of gold stocks posted substantial gains during trading this week. Torene Gold Exploration and Jascan Resources lead the way with 65 cents gains as gold price…
Vancouver Stock Exchange Gold stampede could break out
Although some gold stocks have firmed up lately, the overall tone of the market here is decidedly neutral. Market confidence was badly shaken by the Oct 19 crash and investors probably have good reaso…
American Reserve funds Porcupine gold
A $15.2-million exploration program at Associated Porcupine’s Paymaster gold property near Timmins, Ont., will be funded by American Reserve Mining under a joint venture agreement. Using flow-through …
OBITUARY Amax executive dies
C. Eric Ho, former senior vice- president for tungsten operations in the metals group at Amax Inc, has died, of a heart attack, at age 61. Ho retired from Amax last January after a 29-year career with…
EDITORIAL Steelworkers’ irony
It’s ironic that Gerard Docquier would come down so clearly against free trade. His comments as national director of the 160,000 Canadian members of the United Steelworkers of America seem to be an ex…
Sofimines raising funds for mining exploration
Encouraging results are reported to date by some of the 16 junior mining firms which have entered into an exploration financing agreement with Sofimines 1987 and Co., Limited Partnership. At a press …