Stop kicking a wounded industry
Tighten government spending? Slash the federal deficit? These appear but a daydream of Prime Minister Brian Mulroney. Certainly it’s a message that has not got through to the Canadian International De…
News
Drilling at Sumich
A surface drilling program has started on the New Beginnings Resources’ Sumich mine property in Nevada. The program will test for extensions of the zone along strike and at depth. Approximately 30,000…
Alberta Stock Exchange Trading slows down
Wednesday close, Sept. 3 Trading was inactive this week in Calgary with just 2,949,700 shares exchanged. American Oakwood Energy was the most active issue, trading nearly 350,000 shares at 23 cents . …
MAPAO reports: Accidents are down but fatalities unacceptable
On the whole, Ontario’s mines are safer now than they’ve ever been, according to statistics published by the Mines Accident Prevention Association Ontario (MAPAO). Injuries resulting in lost time for …
New Falco Copper team keen on Winston Lake
Production by early 1988 is what Ian D. Bayer, newly-appointed president and chief executive officer of Corporation Falconbridge Copper (CFC) foresees for the rich zinc orebody at Winston Lake, near S…
Aurun Mines reaches agreement with Placer for Huntington
Aurun Mines Inc., a wholly- owned subsidiary of Aurun Mines Ltd. has reached an agreement with Placer U.S. regarding Aurun’s Huntington gold prospect on Little Bald Mountain, Nev. Under the terms of t…
It’s a bad move to relocate the OGS
The following guest editorial is from Dr E. G. Pye, former director of the Ontario Geological Survey. Decentralization of government services has been a cornerstone of Ontario government policy sinc…
Audrey’s Mobrun project will be open pit operation
Treatment of a 20,000-tonne bulk sample from the Mobrun property near Rouyn, Que., is scheduled to start by the end of the month, Audrey Resources says. Audrey, which has the right to earn a 50% inter…
New mineral branch director
John Wood has been appointed director of the new northwestern mineral development branch in Kenora of the Ontario Ministry of Northern Development and Mines. Mr Wood is the first mining director to be…
Montreal Exchange New and old both active
Wednesday close, Sept 3 One of the country’s newest gold producing companies and one of its oldest shared the spotlight on the Montreal Exchange this week as the gold price surged above $400 pulling g…
Queenstake adds $100,000 to its operating cash flow
Queenstake Resources says it has received $625,000 from a limited partnership for the funding of Yukon placer operating costs in exchange for a share of production and “certain tax benefits.” Presiden…
Mining conference Leoben, Austria
A national resource forum titled Canadian Mining Industry — Emerging Challenges and Opportunities will be held Sept 11-14 at Banff, Alta. The forum will examine future prospects for the industry and …