Evert Ross
Evert Ross, one of the pioneer mining contractors in northwestern Quebec, and the founder of Evert Ross Ltd., of Val d’Or (now Ross-Finlay Ltd.), has died at the age of 83. An emigrant from Sweden in …
News
Canadian juniors involved with Gwyder oil well test
A $4 million(US) oil well being drilled by a consortium of Canadian, U.S. and Australian companies is past the 8,000-ft mark and fast approaching its target depth of 11,000 ft. The well is testing a s…
Annual Coal Review 1987 COAL REPORT CROWS NEST
Crows Nest Resources, a wholly-owned subsidiary of Shell Canada, operates the Line Creek mine in the Elk Valley area of southeastern British Columbia. T he company also holds extensive coal rights in …
WHAT’S NEW Low-profile Jaw-crushers
Eagle Crusher Co. of Galion, Ohio, manufactures three low-profile jaw- crushers designed for underground and open pit mining. Ranging in height from 2.2-2.9 m, they are rated at 150-400 hp respectivel…
Vancouver Stock Exchange Market loses earlier volatility
While the Vancouver market has lost some of its earlier volatility, the over-all trend is still positive. Many investors are taking profits and this has led to some significant declines, particularly …
Cdn. Premium facing proxy battle
A proxy battle is shaping up for control of Canadian Premium Resource Corp., which now is controlled by Mahogany Minerals. A dissident shareholders’ group is soliciting proxies for a new management sl…
Precious metals
The 11th International Precious Metals Conference sponsored by the International Precious Metals Institute of Allentown, Pa., will be held in Brussels, June 14-18. The conference program will cover al…
Alotta drilling New Senator bet
A second drill has been added on the optioned New Senator property near Rouyn, Que., by Alotta Resources. So far, approximately 4,500 ft of a planned 20,000-ft drill program has been completed. Assays…
Audrey raises funds
Audrey Resources has arranged financing totalling $8 million which will be used to fund exploration of the company’s Mobrun property in Quebec. Work will include additional underground evaluation, exp…
Editorial Who says engineers are illiterate?
Readers will have noticed by now that our popular “Odds ‘n’ Sods” column has moved — we expect more or less permanently — to the editorial page, where it enjoys a prominence we hope it deserves. We …
Granges now seeking new PGM acquisition
With production expected from at least three mines in 1987 and a huge working capital of $40 million available, Granges Exploration is looking for at least one other precious metals acquisition. Accor…
Report from Australia Fundamentals support boom
Gold and platinum group minerals have been the two commodities to excite both mining company management and stock market followers over the past six months. Unlike some earlier booms, the market enthu…