News

The Graduating Class 1987 GOLD REPORT BLACKDOME

Since production started last May, Blackdome Mining’s gold project, 150m iles north of Vancouver, B.C., has exceeded expectations. Indeed, it is probably the highest grade gold mining operation in wes…



Westar Mining will take cuts on coal deals

Japanese consumers have negotiated lower prices and contract volumes for metallurgical coal they will obtain from Westar Mining in southeastern, B.C. The company’s Balmer and Greenhills operations wil…


Correction (February 02, 1987)

It was incorrctly reported in the Toronto Stock Exchange column in the Jan 26 issue of The Northern Miner that Campbell Red Lake held a 14% stake in Lac Minerals. Campbell Red Lake holds a 4.5% intere…


Nor-Quest acquires mine/mill facility

Nor-Quest Resources reports it has acquired outright an established 1,200-ton-per-day mine, mill and land located near Salmo, B. C., on a 2,000-crown-grant mining property. The company says negotiatio…


MANAGING Design for Mining

One area of mine management which offers significant opportunity to improve productivity and reduce costs is the design of the mining process. Mine planners are normally responsible for this activity….


Placer, Longreach active on a B.C. platinum bet

Western Canada’s platinum potential has largely been unrecognized. But with the metal now selling at a premium to gold, major companies are actively exploring for platinum once again. Placer Developme…



Bighorn options Sulphurets bet

Bighorn Development Corp. has acquired an option from Catear Resources and a private Calgary- based company to earn up to 60% interest of approximately 54,000 acres in the Sulphurets area of British C…


The Graduating Class 1987 GOLD REPORT BEACON

Although the company hadn’t made the announcement by presstime, D’Or V al Mines will almost certainly be starting production this year on its Beacon No.2 mine, just east of Val d’Or, Que. The mill is …


Tax Angles, Flow- through shares and your RRSP

A number of 1986 mining flow- through share vehicles were structured so that the shares will be listed on a Canadian exchange and the actual shares delivered to the investors in January or February, 1…


Duration to explore Theresa gold bet LD

A detailed exploration program is planned on the Theresa Gold Mine property, south of Longlac, Ont., by Duration Mines. The property consists of two mining leases: 18 mining claims totalling 850 acres…


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