First gold pour at Nickel Plate (May 04, 1987)
The first gold bar has been poured at Mascot Gold Mines’s Nickel Plate mine near Hedley, B.C. The Nickel Plate project was originally forecast to start in July of this year at a cost of $68.7 million….
News
Mining vacancies
Job vacancies for engineers, accountants, scientists and other professionals increased 8% during the last three months, but decreased 11% during the last year, according to a Technical Service Council…
Carlson gets gold on Hemlo property
A drill program completed by Black Gregor Explorations in the Hemlo area has yielded several gold values, the option partner Carlson Mines says. Gold was assayed in five of the eight holes completed. …
Noranda profit $1 a share foreseen by firm’s chairman
Noranda Inc. should make something better than $1 a share in the balance of this year, Chairman Alfred Powis said following the company’s annual meeting. He told shareholders at the meeting that in th…
Tungsten prices hurt company
Affected by steep falls in sales prices for tungsten in world markets, Canada Tungsten Mining reported a net loss of $17.2 million ($1.45 per share) in 1986, compared with a net loss in 1985 of $28.9 …
Editorial Prescription for a mineral policy
The following guest editorial is from George Miller, managing director, The Mining Association of Canada, Ottawa. The Honorable Gerald Merrithew, Minister of State (Forestry and Mines), is expected …
Storimin pulls fine drill hole at Moss Twp.
A big width of ore grade material has been intersected in a rather exciting diamond drill hole put down by Storimin Exploration at its Moss Twp. gold property 70 miles west of Thunder Bay in northwest…
SMDC discovery at Oven Lake
Reconnaissance drilling, performed by the Saskatchewan Mining Development Corp. (SMDC), has resulted in a gold discovery on the Oven Lake property north of La Ronge, Sask. Other partners in the projec…
News-in-brief (May 04, 1987)
Three shallow holes have been completed so far on a joint-venture project involving Baroque Resources, Petromet Resources and Royex Gold Mining in the Casa Berardi area of Quebec. Some 72 split core s…
Letter to the Editor Asbestos ban criticized
The Asbestos Institute has demonstrated clearly beyond any reasonable doubt that the data and reasons supporting the Environmental Protection Agency’s (EPA) proposed ban on asbestos in the U.S., is ou…
News in Brief (May 04, 1987)
Greenstone Resources has acquired a gold property in Costa Rica with both open pit and underground reserves. The company is purchasing a 100% working interest in the El Recio project for $165,000(US) …
Metal Prices FREE MARKET (May 04, 1987)
Spot Gold, Silver, Platinum and Palladium prices April 28 April 27 April 24 April 23 April 22 Gold London Bullion Dealers afternoon (morning) $US per oz. 453.00(455.75) 474.75(476.6…