News


Drilling to start on Slumbering Hills

Now that a lengthy legal property ownership dispute has been resolved to the benefit of Freegold Recovery (VSE), an exploratory drill program has started on the company’s Slumbering Hill property near…



Southern to finance Chester development

With a commitment to spend $6 million on exploration and development over a 3-year period, Southern Arizona Mining and Smelting (COATS) says it intends to form a joint venture with Gold Bar Resources …



Granges earnings $1 million better

Net earnings of $1.7 million were reported by Granges (TSE) for the 1990 first quarter, compared with $655,000 for the similar period of the previous year. The jump in earnings was the result of an in…


Denison prepared to sell non-core assets

Faced with mounting losses and a battered share price, Toronto- based Denison Mines (TSE) may be forced to divest more of its non- uranium assets in order to meet future financial obligations. The com…


Additional cash for Int’l Platinum

Toronto-based International Platinum (TSE) has received a further $250,000 to finance exploration on the Duluth platinum project in Minnesota and the Goodfish gold property near Kirkland Lake, Ont. Th…



CURBING BLAST DAMAGE

Intuition, rather than hard facts, more often guides mine operators in predicting the adverse effects blasts will have on mine excavations. But predicting blast-induced damage is slowly coming into it…


CALENDAR (June 01, 1990)

July 2-6, Edinburgh, Scotland. 14th Congress of the Council of Mining and Metallurgical Institutions. Organized by the Institution of Mining and Metallurgy. Contact Secretary, Institution of Mining an…


WESTRAY: CURRAGH’S COAL MINE

Jerry Bell is a mechanical engineer who, for the past 16 years, has worked on the construction of coal-fired electric generating plants in Canada. Today he’s in charge of another such project, in Tren…


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