News

Ontario rescue team in national contest

For the first time in the history of the event, Ontario plans to enter a team in the 1986 national mine rescue competition, scheduled for Sept 19-20 in Nanaimo, B.C. The competition will test the skil…



Six-mopnth earnings down for Westmin

Continued weakness in metal prices and sharply lower oil prices are the main culprits behind the sharp drop in net earnings posted in the 6-month period ended June 30 by Westmin Resources.


Correction Coin Lake Gold

As a clarification, all dollar figures quoted in last week’s story on Coin Lake Gold Mines’ Golden Reward property were expressed in U.S. dollars, (except for the share price quoted on the Toronto Sto…


Canico launches major drilling on Vior bet

Canadian Nickel Co. (Canico), the exploration arm of Inco Ltd. has started a 55,000-ft diamond drill program on the Douay Twp. property of Vior Inc., in Quebec’s Casa Berardi area. Vior holds the prop…


More work on Adams Plateau

Izone International, one-third partner on the Adams Plateau joint venture, with Clifton Resources and Adams Exploration reports continuing exploration. Diamond drilling has tested one of four anomalou…



Cigar Lake going underground

Cigar Lake, the world’s richest uranium deposit, well is on its way to becoming the world’s largest and richest uranium mine, after the announcement that a $50-million underground exploration and test…


People (September 01, 1986)

GLAMIS GOLD — Andrew Milligan has resigned as president and James Carter as vice-president and chief financial officer.



Syngold completes sale of shares

Syngold Exploration has completed the sale of 1.1 million common shares at a price of 80 cents per share and of $2.5 million of deposit receipts. Purchasers of the deposit receipts will earn one comm…