News

Sullivan and Cambior solidify their links

Sullivan Mines, and Cambior Inc. are solidifying the link between the two companies. They had previously announced (N.M., Aug. 8/86) that Sullivan- associated Courvan Mining would have an option to pu…


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…


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…




News in Brief (September 01, 1986)

United Kingdom Energy reports line-cutting and field surveys have been completed on its McArthur Twp. property, located three townships south of Tisdale Twp. in northern Ontario. Anomalous areas have …


High grade gold, silver at Omni Skukum property

Initial results from a 25,000-ft first-phase drill program at Omni Resources’ Skukum Creek property south of Whitehorse have been impressive with both high grade gold and silver values reported. The p…


Orofina drilling at Jackson-Manion bet

Drilling has resumed on the Uchi Lake properties held by Orofino Resources. Located in northwestern Ontario, the two properties are being tested by a 5,000-ft drilling program. On the Jackson-Manion p…



Mines Management posts Montanore PEA

Mines Management (mgt-t, mgn-x) has outlined an economic mine plan for its Montanore silver-copper project, but questions remain about getting the project permitted.The large underground project is in the Cabinet Mountains wilderness area of…


PEA is out on US Gold’s El Gallo silver project

Rob McEwen’s goal of having US Gold (UXG-T, UXG-N) included in the S&P 500 index within four years may seem like a tall order to some, but the industry veteran may just be able to pull it off.


Rio bids A$3.9B for Riversdale

Rio Tinto (rio-n, rio-l) wants more coal: the major has offered A$3.9 billion for Riversdale Mining (riv-a), an Australian coal company with one mine in operation, one in construction, and one primed for development. Speculation of a takeover…