News

50 Years Ago FINNISH NICKEL TO REACH GERMANY?

The possibility that the Russians may try to seize the big metal mine and plants in northern Finland, which International Nickel has been developing, has cropped up again. The Petsamo nickel mine, con…



On the Move (October 02, 1989)

Brunner Canada, manufacturer of drill bits and accessories, has named R. T. Legault as its new national sales manager. Legault has more than 30 years experience in mining and related industries, part…


Valley/McAdam Rights offering for McAdam Res.

Hoping to be able in the near future to make a production decision for its Spud Valley gold project on Vancouver Island, McAdam Resources (TSE) reports it has secured the necessary regulatory approval…



REDSTONE NICKEL

The first load of ore came up from underground just this spring. But already, the Redstone nickel operation near Timmins, Ont., has shipped a million lb of nickel in concentrate to the Sherritt Gordon…


Suggestion Box MORE ON GEOSTATS

About 80% of the exploration budget of mining companies is devoted to the search for gold deposits. Over a 10-year period, this exploration effort has resulted in the discovery of gold mines with a va…


Noranda’s Geco seeks prospecting rush

Noranda Inc. (TSE) could use a little help from junior exploration companies in finding a new base metal deposit in the Manitouwadge area, and new geophysical surveys could provide the incentive to at…



Lencourt reports progress in Zaire

Toronto-based Lencourt Ltd. (TSE) says progress is being made in its bid to gain control of the Sominki tin and gold mining properties in Zaire, Africa. Sominki owns and operates tin and gold mines in…


Coral Gold may sell Nevada mine

Low gold prices and some operational problems associated with bringing a new heap leach mine on stream are expected to “hold down production” at the Robertson gold mine owned by Coral Gold (TSE). The …



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