People (December 01, 1986)
EQUINOX RESOURCES — W. W. (Chuck) Carlton appointed director succeeding Mark Waller who has resigned.
News
Westmin hitting at Big Missouri bet
Reserves are expected to increase at the Big Missouri gold project operated by Westmin Resources after several drill holes cut wide sections of above average grade. Located near Stewart, B.C., the pro…
Discovery, Midcon plan amalgamation
An amalgamation has been approved by the boards of directors of Disc overy Mines, Midcon Oil & Gas and Yellowknife Bear Resources. The companies will form Discovery Corp. Discovery shareholders will r…
Metals Report Gold trading in the Far East
For most of us, gold trading is a mysterious business at best. From the five bankers who set the bullion price in London twice each day to gold smugglers in Bangkok, most North Americans know very lit…
Noranda intersects narrow mineralization
Narrow mineralization has been intersected by Noranda Exploration on the company’s optioned gold property near Silverton, B.C. The ground is held under option from Andaurex Resources. Noranda complete…
Tantalum demand should stabilize
Demand for tantalum in 1987 should be more stable than in recent years, but supply is less certain, says Roskill Information Services of London. Prices, which rose fourfold in two years to a peak of $…
Toronto Stock Exchange Golds in the driver’s seat help steer
Wednesday close, Nov 26 With golds in the driver’s seat, the market managed to inch its way back above the 3,000 level over the week, but just barely. The golds and silver index netted a gain of close…
Pamour win Heap leaching test success in Ontario
The first successful heap leach test ever in northern Ontario has be en completed by Pamour Porcupine Inc., and the company is gearing up for commercial production next year. The success of the test h…
Pegasus to catapult into major leagues
Silver production from Nevada helped finance the civil war and the metal’s name appears on state licence plates. But far from being the Silver State, Nevada is becoming known as a gold producer — lot…
Correction, Silverside Resources
In the Nov 17 issue of The Northern Miner, in a story concerning the Cobalt silver property of Silverside Resources, it was incorrectly stated that mining, milling, trucking and refining would cost an…
Editorial Mining industry can use the help
Mining needs all the help it can get these days, so on general princ iple it can hardly fault the Association of Mining Municipalities of Ontario for a submission it made recently at a conference on n…
Rayrock has option to buy control of Midland Energy
Midland Energy says a sampling program by Rayrock Resources on its Bellavista gold property in Costa Rica has confirmed previous assay results. Rayrock has been granted a 60-day extension to complete …