ON THE MOVE Canadian Nuclear Association
Michael Harrison has been appointed as the new, full- time president of the Canadian Nuclear Association. He has served on the boards of directors of several public and private corporations and nation…
News
ON THE MOVE Nuturn Corp.
Nashville, Tenn.-based Nuturn Corp. has appointed E. F. (Gene) Leach as vice- president of finance. He succeeds J. L. Battle who was recently promoted to vice-president and general manager of Nuturn A…
ON THE MOVE Flygt Canada
Flygt Canada announces that Mike Wimmer has been appointed national sales manager and Michel Bakhos has been named marketing manager. These appointments reflect organizational changes to meet the incr…
NEW FOUND GOLD
Gold, as any prospector worth his salt will tell you, is often found in the damndest places. One of those places is the lonely, southwestern coast of Newfoundland. This is rugged country, where the ca…
50 Years Ago — September, 1937 — SPLIT LAKE SHAFT
Split Lake Gold Mines has encountered high grade ore in the shaft being sunk on the Bigstone Bay property. Values increased suddenly at a depth of 20 ft and heavy showings of native gold have been dis…
Strike to result in $10m. cost to Cominco
The strike at Cominco’s Trail and Kimberley operations should cost the company about $10 million in after-tax earnings by month-end, says Robert E. Hallbauer, president and chief executive officer. Ho…
Stroud, Chevron assay high grade
A high grade intersection has been drilled by Stroud Resources and joint venture partner Chevron Minerals on their Hislop property near Timmins, Ont. The drilling cut a 6.6-ft section grading 5.8 oz g…
Editorial Who really will be No. 2 gold producer?
News items concerning two of the world’s leading gold- producing countries came across our desk the other day, one claiming that the U.S. has supplanted Canada as the western world’s second largest go…
Tasu to earn interest in Alder Gulch bet
United Reef Petroleums has reached an agreement with vse- listed Tasu Resources to develop the Spring Gulch placer on its newly acquired Alder Gulch property in Montana. First staked in the 1860s, the…
Private placement
North American Metals Corp. says it has an agency agreement with Montagu Financing, of London, England, for Montagu to effect a private placement of 1.5 million shares of North American, at $6.75 per …
More drill results at Vezza property
Dundee-Palliser Resources and North American Rare Metals have received assay results for 16 additional diamond drill holes from the 1987 summer exploration program at their Vezza Twp., Que., property….
Gold giant Placer Dome reports solid profit
Hard on the heels of the formation of Placer Dome Inc., now North America’s largest gold producer, the company has come up with some good financial numbers. Placer Dome was created just days ago by th…