MISA regulations become law for Ontario mines
Ontario’s 67 metal and salt mines which discharge wastewater into lakes and rivers must commence monitoring their wastewater for more than 200 contaminants on Feb 1, 1990. The new monitoring regulatio…
News
Cusac has results from Cassiar bet
A diamond drilling and trenching program on the Cassiar gold property owned by partners Cusac Industries (TSE) and Total Energold (TSE) has returned some encouraging gold values in a new surface vein….
Potash Corp plans bond offering to raise $100-million
A $100-million bond offering is being planned by the Potash Corporation of Saskatchewan, a provincial Crown corporation and the largest potash producer in the world. The offering, limited to residents…
Continental acquiring diamond property
Several gem quality diamonds have been discovered at the American Diamond Mine property in Arkansas, Continental Precious Minerals (ME) reports. Largest of the diamonds uncovered is 0.7 of a carat. Th…
Hillsborough options copper deposit
Hillsborough Resources (TSE) has signed a letter of intent giving it the right to earn a 50% interest in the Corner Bay copper deposit near Chibougamau, Que. Owned by Corner Bay Explorations, a privat…
Big holes for Newmont almost commonplace
Drilling high grade is becoming commonplace near Carlin, Nev. Newmont Gold (NYSE), the largest operator in the area, has come up with another hot hole of 167 ft grading 1.12 oz gold per ton in the Dee…
Eskay’s base metal potential growing says Stikine director
The Eskay Creek project in northwestern British Columbia may turn out to have base metal potential as well as being a major gold deposit, a director of Stikine Resources (VSE) said in Toronto. “It’s s…
ATLANTIC REPORT Review of Nova Scotia’s potential
In recent years, geologists have learned some hard lessons about gold exploration in Nova Scotia’s Meguma Group. However, mining professionals who spoke at a recent Atlantic Geoscience Society meeting…
Scotia buys affiliate
Scotia Prime Minerals (ASE) has acquired a private company holding a portfolio of mineral properties in Nova Scotia. Prior to the acquisition, the private company was a 79%-owned affiliate of Scotia P…
Yearn for metals built our civilization
Headings such as Bronze Age and Iron Age that measure our progress in civilization do not begin to convey the adrenalin rush that spurred our ancestors to seek out metals in the ground or to attempt t…
COATS (over-the-counter) Dayton gains 35 cents
Several junior gold issues posted modest gains on COATS this week. Up by 35 cents were the shares of Patrick Sheridan’s Dayton Porcupine Gold Mines. The company’s Ross mine east of Timmins, Ont., is …
Managing Canada’s Mines NERCO Aggressive plans mean new life for
Although the Con Mine at Yellowknife has always had a rather lowkey billing because of limited direct public participation, it ranks senior operating status, having turned out over three million oz of…