Lacana expects to double gold production by ’89
During the next two to three years Lacana Mining Corp. hopes to more than double gold production from the current 60,000 oz per year to more than 120,000 oz per year, Dr William H. Gross, chairman and…
News
Encouraging results from Goldstack/Sullivan bet
A new zone is shaping up in the central part of the Goldstack Resour ces’ Dubuisson Twp. property, reports President Herve Drolet. Located about seven miles west of Val d’Or Que., the property contain…
Pioneer reactivating an Idaho gold mine
Almost everybody wants higher gold prices, but to profit from them you need a producing mine — or at least one that is ready to start up. The Stibnite mine 93 miles northeast of here fits into the la…
U.S. may produceh 3m. oz gold in ’86
U.S. gold production may approach the 3-million-oz mark in 1986, according to a study from the Metals Economics Group of Boulder, Colo. Production in 1985 is estimated at 2.1 million oz, with average …
Mines ministers focused on Canada’s energy security
Canada’s energy security was a key item on the agenda at a meeting of energy and mines ministers last week in Banff. Alberta’s Energy Minister Dr. Neil Webber predicted that if oil and gas prices don’…
Campbell said to have best gold tailings
Which major Canadian gold producer has the highest grade tailings dump? The answer was very to FreeGold Recovery which has been treating tailings at Campbell Red Lake’s Balmertown operation with a mob…
Silver consumption down in the U.S.
For the first quarter of 1986 domestic industrial silver consumption in the U.S. was 30.8 million oz — three million oz lower than a year ago or down 1%, the U.S. Bureau of Mines reports. Usage, howe…
The pressure is on Gerald Merrithew, the newest kid on the
block, to represent the concerns of the mining industry in Ottawa. And the minister of state for mines has no illusions about how tough that task will be. “Mining people are hard bargainers,” the amic…
Global print capability formed by Norgraphics
Norgraphics (Canada), a subsidiary of Northern Miner Press Limited, has become the only Canadian financial printer able to offer an extensive international data transmission capability. That capabilit…
NO HEADLINE (September 22, 1986)
TEXT: Hector Resources says diamond drilling has started on the former- producing American Flag mine, in the Maynard mining district, Mohave Cty., Arizona. lode mineral claims and another 640 acres …
Noranda finishes CDC share buy
Noranda Inc. waited until the last moment before deciding to exercis e its right to complete its purchase of about 6.5 million shares of Canada Development Corp. from the federal government. “It wasn’…
Montreal Exchange Eider takes wing
Wednesday close, Sept 17 A little-known Quebec company, Eider Resources, was the top trader on the Montreal Exchange this week with 478,900 shares changing hands. The stock’s price gained 25 cents , a…