News

EXPLORATION ’87 TECK

As predicted last year, 1986 was an exciting year for Teck Corp. and 1987 should be even better. The Casa Berardi area will continue to be one of the major centres of activity. Inco (60%) and Golden K…


ON THE MOVE Fairbank Engineering

Brian Fairbank has founded a new consulting firm, Fairbank Engineering, which provides geological engineering and field services for mining, industrial mineral and geothermal development and explorati…


ON THE MOVE Potash Corporation of Saskatchewan

Several changes have been made to the Potash Corporation of Saskatchewan’s board of directors, chief of which is the appointment of Paul Schoenhals as the new chairman. Schoenhals replaces Cliff Wrig…



COATS Trading Features (March 02, 1987)

Cleyo Resources, which is performing exploration on several properties in Ontario, traded at a new high of $2.90. The issue closed at $2.80-$2.90. Chance Mining & Exploration was also active, trading …


Research

Searching for Signatures: Evidence for the magmatic origins of gold ** Tired of looking for gold deposits in the heavily explored camps of the Precambrian Shield? Well, consider moving outside the na…


EXPLORATION ’87 HUGHES-LANG

The fast-moving, gold-oriented Hughes-Lang Group of Companies kept its corporate growth- through-gold strategy well in place during 1986. The schedule for exploration and anticipated production in 198…


EXPLORATION ’87 GOLD FIELDS

Consolidated Gold Fields of London, England, conducts exploration in North America via two wholly- owned subsidiaries — Gold Fields Canadian Mining in Canada and Gold Fields Mining Corp. in the U.S. …


Where to explore

The location of an orebody should be given a lot of attention when you go out looking for a mine. Development and operationg costs are different in each Canadian region. The philosophy of mineral expl…


Depressed year for iron ore

Iron ore consumption in the United States during 1986 fell more than 13% from the previous year, the American Iron Ore Association (AIOA) reports. In Canada, consumption fell 5.5%. Consumption in the …


CORE SHACK Scotian Gold: The Beaver Dam Deposit

Beaver Dam, a gold-bearing quartz vein system within sedimentary rocks of the Meguma Group, 82 km north east of Halifax, N.S., contains proven and possible ore reserves of 2.7 million tonnes grading 9…


Funding in place for milling plant

A private placement for McFinley Red Lake Mines of 600,000 shares worth $1.8 million for construction of a milling plant and to provide working capital has been completed, Kleinwort Grieveson Securiti…


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