Piedmont boosts gold production by 56%
Despite persistently wet weather that hampered operations at its Haile heap leach mine in South Carolina, Piedmont Mining (NASDAQ) managed a 56% increase in gold production for its second quarter whic…
News
Ego starts drilling on N.W.T property
The first phase of a 12,000-ft diamond drilling program has started on the BB and Kennedy Lake properties under option to Ego Resources (TSE) and Asquith Resources (COATS), north of Great Slave Lake, …
Copper output losses mounting
Problems at the operations of Bougainville Copper in Papua New Guinea and of Highland Valley Copper in British Columbia are resulting in lost output of about 6,500 tonnes copper per week, Metals and M…
Drilling under way at Savanna/Aur bet
An agreement allowing Aur Resources (TSE) to earn a 51% undivided stake in Savanna Resources’ (ASE) Turner Albright polymetallic property in southern Oregon was closed recently. Under the agreement, A…
Editorial Governments taking more than their share
Even with British Columbia’s mining industry reporting its best earnings in 10 years, future growth is far from guaranteed. Perhaps the most startling figure to come out of an annual review of the i…
Letters to the Editor (September 04, 1989)
Your reply to the query (N.M., Aug 17) concerning Peterson Cobalt Mines struck a chord. I immediately got out my package of sundry mining certificates and found that, yes, I am a shareholder. My label…
Calpine’s latest drilling fuels market surge
The Vancouver Stock Exchange roared back to life in a frenzy of trading activity sparked by drill results from the Eskay Creek gold project north of Stewart, B.C. The bulk of recent trading involves c…
Northern Miner names new Western Editor
Vivian Danielson has been named Western Editor for The Northern Miner, Canada’s mineral resources newspaper. Danielson, a mining journalist for the past five years, was managing editor for a mining jo…
Athlone completes drilling program
Seven short holes testing a gold- copper zone have been completed by joint venture partners Athlone Resources (VSE) and Vital Pacific Resources (VSE) on their Soup property situated of Johanson Lake, …
Vancouver Stock Exchange Tide has turned for the VSE
What a week] Phones ringing, paper flying, champagne corks popping and record-breaking trading volumes. That’s the kind of action VSE brokers basked in after Calpine Resources released spectacular res…
Editorial Playing the game
It’s easy for investors to obtain a rate of return that will match the TSE 300, or so we’re told. Diversify, diversify, diversify. But when it comes to winning a game, that’s another story. Those …
Montreal Exchange Buoyant mining issues
Stock prices finished higher on the week, helped by a buoyant mining sector. The mining and minerals index climbed almost 22 pts and the market portfolio more than 45 pts. Daily trading volumes were l…