People (February 09, 1987)
CONCERT RESOURCES – John C. A. de Wit appointed chief financial officer.
News
New ore zone for Geodome at gold project in Idaho
Discovery of a new ore zone is reported by Geodome Resources at its gold project near Hailey, Idaho. The company says the new zone was discovered through its U.S. subsidiary, Sunbeam Mining Corp., as …
Vancouver Stock Exchange Dollar’s rise fuels market volume
Recognizing that a stronger Canadian dollar will lead to lower interest rates, investors are scurrying into equities — both blue chip and speculative. Market volume on Vancouver has been climbing ste…
Obituary Played key roll in Northgate growth
A lawyer who became a top mining executive playing a key role in the growth of Northgate Exploration into a senior international mining company, George T. Smith, died in Toronto on Jan 29 at the age o…
Metals Report State ownership nothing to fear
Since metal prices collapsed in the early 1980s, North American producers have had a propensity for whining about “unfair” competition from state-owned mining companies in Third World countries. The N…
Mercator drilling base metals claims
A drill program is under way on a base metals property held under option by Mercator Resource Corp. The company is putting down two holes on the Sentinel Mountain property held under option from Texas…
United Siscoe postpones vote on Barrick takeover (February 09, 1987)
A special meeting of United Siscoe Mines to vote on a proposal to acquire a controlling interest in American Barrick Resources has been postponed indefinitely. A special meeting had been scheduled for…
Results continue favorable on Goldpost’s Timmins bet
Goldpost Resources, which recently hit a good hole on its Hislop East property in the Timmins area of Ontario,(N.M., Dec 22/86) and reports further encouraging results on the property, says that it is…
Obituaries Dr James Neilson
Dr James Neilson, a consulting geological engineer and former professor of geological sciences at Queen’s University, has died in Kingston, Ont., at the age of 75. A prolific author on geological subj…
Indusmin building new silica crushing plant
Indusmin, the industrial mineral division of Falconbridge Ltd., is building a $2.5-million crusher station in St. Canut, Que., to improve the company’s position in the silica market in that province. …
Aur sees higher grades on Que. bet
Underground drilling by Aur Resources on its First Canadian property near Val d’Or has indicated grades could be significantly higher than originally estimated from surface drilling. The arithmetical …
Suspect assays reported by resurrected Carolin
Rising like a phoenix once again from its own ashes, Carolin Gold Mines is attempting yet another reincarnation. Trading activity on over-the-counter markets has picked up recently, probably in antici…