1987

Redpath publishes mining cost book (July 20, 1987)

Junior mining companies wishing to estimate the preproduction capital costs of a small underground exploration project can do so themselves with the help of a new publication prepared by the experienc…


Ateba drilling in Munro Twp.

Ateba Resources has commenced a program of overburden drilling on a 52-claim property straddling the Munro and McCool twp. boundary, 100 km east of Timmins. This ground is held under option from Arkro…



Barrick selling Wilanour shares

The controlling shareholder of Wilanour Resources, American Barrick Resources, is selling its 67% in the company to Robert Fasken and an unnamed “major mining corporation.” Mr Fasken has interests in …


Balcor confirms reserves on Lynn Lake project

A previously known gold deposit near Lynn Lake, Man., has been confirmed and enhanced by Vancouver-based Balcor Resources in a major exploration program. The company started drilling the deposit in Fe…


Alberta Stock Exchange Disputes affect stocks

On a week when Alberta gold stocks awoke from recent slumbers, allegations of fraud and breach of contract affected a couple of issues quite differently. News that Mohave Gold will retain a 100% of it…


Aruba gold exploration confirms 1872 reports

A mere six months after it obtained exclusive mining concessions to the Dutch Island of Aruba, located 15 miles off the coast of Venezuala, Monte Carlo Gold Mines has completed the first phase of a $2…


Ground Control

The 7th international conference on Ground Control in Mining is scheduled for Aug 3-5, 1988, at Morgantown, West Virginia. Papers to be presented at the conference are being invited in the field of gr…



Canadian consortium plans to become rare earth king

Being in the right place at the right time is the aim of every mineral exploration company with a view to earning a handsome return on its investment dollars. But for a consortium of Canadian companie…


Small mines forum

The Society of Mining Engineers (American Institute of Mining, Metallurgical and Petroleum Engineers) is sponsoring a forum titled Small Mines Development in Precious Metals Aug 30-Sept 2 in Reno, Nev…


Metal snips (July 20, 1987)

Diamond sales during the first six months of 1987 were 28% above sales for the same period last year, the Central Selling Organization of De Beers Consolidated Mines reports. Sales of rough stones tot…


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