News

Bighorn going underground once financing completed

Pending the successful completion of a $1-million flow-through share issue, Bighorn Development Corp. plans to rehabilitate the shaft on the main vein on its Island Lake gold property in northern Mani…


Silvera starting drilling program

Diamond drilling is expected to start in early November on the Anton and Wapiyao gold properties held by Silvera Resources in B.C. and Saskatchewan respectively. Funding for the work will be provided …


HSK Minerals listed on TSE

Shares of HSK Minerals were posted for trading on the Toronto Stock Exchange for the first time on Oct 28. Formerly Homestake Exploration, the company changed its name by a recent certificate of amend…


New World Gold Council gains Intergold facilities

The newly-formed World Gold Council has reached an agreement in principle to take over Intergold’s existing offices and staff in 10 countries in Europe, the Far East and North America. Intergold (a co…


Ontex/Abcourt deal on Quebec property

A joint venture agreement has been completed between Ontex Resources and Mines Abcourt, giving the latter company the right to earn a 50% interest in a gold property. Located in Barraute Twp., Que., t…


Refiners developing ways to deal with waste

At Valleyfield near Montreal, a technical committee set up by Electrolytic Zinc of Canada has met to decide which of the competing technologies developed since the early 70s have the most promise for …



U.S. silver usage declines during second quarter

An 8.6% drop in the use of silver for photographic material, the metal’s largest user category, resulted in an over-all drop of 1.3 million oz in the U.S. during 1986’s second quarter says the Silver …



The Eagle has landed

The American Eagle swooped onto the market this week and landed squarely at the front of those challenging for supremacy among gold coin marketers. The Eagle, the first U.S. gold bullion coin to be mi…


Alberta Stock Exchange: Higher volumes return

Wednesday close, Oct 22 Volumes returned to the Alberta Stock Exchange this week, as more tha n 6.5 million shares traded hands. That’s up considerably from last week’s 4.4 million shares. News of a…


People (October 27, 1986)

U.S. bureau of mines — Richard B. Grabowski appointed chief of Western Field Operations Centre in Spokane. combustion engineering — Ted Karas appointed central regional manager and Cindy Fleming app…


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