News




Nevada Goldfields opens another U.S. gold mine

Milling started in mid-November at Nevada Goldfields’ Aurora gold mine, located in the Aurora mining district in Mineral Cty., Nev. The Aurora open pit and underground mine (not to be confused with a …


Editorial Gold save us all

Boring, are we? Where does Britain’s Economist magazine get off calling Canada “irredeemably boring?” It came to that unforgivable assessment recently in a research report titled The World in 1988. T…


Alberta Stock Exchange Argus is prominent

In recent weeks, Argus Resources has figured prominently as investors respond enthusiastically to its massive sulphide discovery near Contwoyto Lake in the Northwest Territories. While the project is …


Supreme Court defers decision on Lac-Corona

A decision on whether to grant Lac Minerals the right to appeal earlier court rulings awarding ownership of the Williams gold mine in the Hemlo area of northern Ontario to International Corona Resourc…


Shareholders reject Nova-Cogesco offering

Shareholders of Nova-Cogesco Resources of Montreal have rejected a private placement of 700,000 shares to MSV Resources, Nova- Cogesco reports. Proposed price of each share was $2.75. MSV currently ha…


Coniagas struggles to show a profit in 1987

With a new gold mine expected to be up and running next year and a resumption of production at Bachelor Lake, the Coniagas Mines group is looking ahead to better things in 1988. As reflected in a mixe…


Kaaba/Alawas start heap leaching test

Construction of the first leaching pad at the Picacho gold project of joint venture partners Kaaba Resources and Alawas Gold in Imperial Cty., Calif., is progressing on schedule. The leaching pad and …


Platinova/Cominco in south Alaska venture

Partners Platinova Resources and Cominco American Inc. have identified a number of gold-copper-silver mineralization centres in a new south central Alaskan gold district, Platinova said recently. With…



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