SUPPLIER’S NOTES Ranger Helicopters, Canada
To simplify its operations Ranger Helicopters, Canada will henceforth be operating only one licensed helicopter comp any and winding down its other three licensed companies. The continuing company w…
News
Yorbeau encouraged by drill results
Drilling to date from the Aw zone on Yorbeau Resources’ Astoria property near Rouyn-Noranda, Que., totals 32 intersections, of which 78% have assayed gold values in excess of 0.1 oz per ton, President…
McChip exploration to continue in 87
Despite a drop in international oil prices which reduced the company’s revenues from $589,745 or 20 cents per share in 1985, to $215,598 or 7 cents per share during fiscal 1986, McChip Resources plan…
Rayrock first quarter up, sees dip in gold output
Production this year from the three open pit gold mines in Nevada operated by Rayrock Yellowknife Resources could decline slightly from last year, President David Crombie said following the annual mee…
General News & Comment IAEA plans meet in Saskatchewan
The International Atomic Energy Agency is planning to hold a technical committee meeting on the uranium resources and geology of North America in Saskatoon, Sask. The dates for the meeting, which will…
WHAT’S NEW Milling equipment Competition comes ashore
The recent merger mania among mine equipment manufacturers in North A merica can largely be attributed to some pretty stiff competition from off- shore. Manufacturers, particularly in Scandinavia with…
Dumping on potash Canadian potash, current situation and forecast
Actual Forecast 1983 1984 1985 1986* 1987 1990 (000 tonnes K2O) Capacity 9,165 9,315 9,775 10,575 11,070 1…
WHAT’S NEW Open pit equipment New Loaders & Trucks from VME
Vme Americas is the new name for Clark Michigan. The new company will continue to market its products under the familiar names of Volvo, Michigan, Euclid and Ranger. Five new additions have been made …
Merger gives Brohm Blackdome interest
Brohm Resources has acquired 3.9 million shares of MFC Mining Finance Corp. from Kerr Addison Mines and Ventures Trident Limited Partnership at a cost of $28,710. Brohm is now the majority shareholde…
50 YEARS AGO — JUNE, 1937 — The gold rush
Although the local stock market gave little sign of it, in world circles the uneasiness over gold subsided somewhat. Amounts of dishoarded gold offering upon the London market were smaller, showing gr…
Zone extended by Levon drilling
Underground drilling in the Howard tunnel in B.C., by Levon Resources has extended the No 2 zone, the company says. Levon drilled six holes above and below a 123-ft section which assayed 0.69 oz gold …
CROSS-CUTS Canadian firm to supply lead smelter’s reactor
The largest component of Cominco’s new lead smelter at Trail, B.C., will be built by ebco Industries, a company from Richmond, B.C. Lurgi Canada, a subsidiary of Lurgi GmbH of West Germany, has placed…