MRI/Naniusivik/CDC reach agreement
Nanisivik Mines and Mineral Resources International and Canada Development Corp. (CDC) have reached an agreement, reports Mineral Resources President J. C. Lamacraft. A wholly-owned subsidiary of CDC …
News
Campbell Red Lake top all-round mine
Not many gold mines in this country have turned out over $1 billion from 10 million tons of ore. And with a long, long life still ahead of it, there is an excellent chance that Campbell Red Lake Mines…
Correction (October 06, 1986)
The Centre for Mineral and Energy Technology (canmet) did not help develop cyanide recycling technology being marketed by Cy-tech Inc. of Mississauga, Ont. as was stated in a story last week. The tech…
Editorial: Some Sanctions]
There has been a lot of tough talk emanating out of Ottawa lately (Messrs Mulroney and Clark) directed at South Africa, threatening the imposition of sanctions against that country designed to cripple…
Highwood/Hecla project could be producing in ’87
A deal between Hecla Mining Co. and Highwood Resources could lead to construction of a specialty metals mine as early as next year, Highwood President D. G. Thomas says. The deal, which was signed in …
Editorial: Potash producers reel
The mining industry in this country, heavily dependent on export mar kets, is unquestionably hurting, though hardly as sorely as is the oil and gas sector. Root of the malaise is the fierce foreign co…
News in Brief (October 06, 1986)
McGarry Minerals, which reports completion of an exploration/evaluation program on its Cairo Twp., Ont., gold prospect, says no further work or expenditure on the property is warranted. The program co…
X-Cal to drill at Anderson Lake
A diamond drill program is scheduled to begin this month on its Anderson Lake and Pilot properties in the Bralorne area of B.C., reports X-Cal Resources President Shawn Kennedy. Drill sites are being …
Open pit Potential seen for Yukon gold prospect
A major exploration program financed by Chevron Minerals has outlined significant gold mineralization on a property in the Yukon held under option from Vancouver-based B.Y.G. Natural Resources. What i…
Chances remote for an open pit at Giant Bay bet
Giant Bay Resources, which had hoped initial mining from its Gordon Lake gold property in the Northwest Territories could have been open pit, says that possibility “now seems highly unlikely.” The com…
Montreal Exchange: Mazarin makes gains
Wednesday close, Oct 1 Word that Quebec prospector Peter Ferderber backed by a syndicate of 12 investors had made a significant platinum discovery north of Schefferville, Que., added to Mazarin’s fort…
Alberta Stock Exchange Conquest takes jump
Wednesday close, Oct 1 Trading this week on the Alberta exchange slid below last week’s level, with 5,096,200 shares traded in the latest period. One of the hottest stocks on the Alberta board was Con…