McIntyre Mines says it has an agreement in principle for a management purchase of all of the shares of its wholly-owned subsidiary, Smoky River Coal, which produces metallurgical coal at its mine near…
Some years ago, when the mining industry was in a much healthier s tate and had more time and money, it spent quite a bit more of both in considerations of public relations. A much-misused and frequen…
It cost $50,000 a bbl — about twice the cost of a barrel from the Beaufort Sea or the Arctic Islands — but Devran Petroleum and Shell Canada have made their first shipment of oil from a unique under…
California Gold Mines says results from the first exploration phase of the Alpine mine area of its Zaca gold project in California, point to the potential for a high grade underground deposit. The com…
Another primary gold mine will be entering production in Manitoba this year. Pioneer Metals Corp has announced plans for an $18.1 million 500-ton-per-day mine at its Puffy Lake property located 45 mil…
TECK CORP. — William R. Bennett appointed a director.
MSV Resources was incorrectly reported in last week’s issue as being under the wing of Cogesco Resources. That should have read Somicom Management Inc., not Cogesco. MSV has an option to earn a 49% in…
It may have taken Echo Bay Mines a little longer than expected to make up its mind on Nuinsco Resources’ Cameron Lake gold project, but now that the all-important decision to head underground has been…
Mining engineer Dr James Grassby, a former Inco executive, has been appointed executive director of a development campaign for Laurentian University, Sudbury, Ont. Dr Grassby’s mandate will be to work…
A number of diversified mining companies have spun off separate gold mining entities in the past two years and the results have tended to be secretive, slow-moving corporate entities. Freeport-McMoRan…
Moving closer to its objective of becoming a substantial, low-cost gold producer, Royex Gold Mining Corp.’s annual share of production should exceed 110,000 oz this year and 200,000 oz in 1988, says P…
A new northwest-southwest- striking gold-bearing zone has been outlined in the current diamond drilling program on Parquet Resources’ 2,000-acre gold property in Courville Twp., in the Val d’Or area o…
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