Alberta Stock Exchange Champion moves up
A rumor that Champion Gold was involved in negotiations to provide financing for exploration at Canuc Resources’ Coronation Gulf gold project in the Northwest Territories drove the price of Champion u…
News
Aur plans to release results by the batch
Investors waiting to determine the potential size of the Aur Resources (TSE), Louvem Mines (TSE) massive sulphide discovery near Val d’Or, Que. may have to wait a while. Based on the results of seven …
Goldstake awaits study results on South Dakota tailings project
Completion of a preliminary feasibility study for the Whitewood Creek gold tailings project in South Dakota is imminent, Goldstake Explorations (COATS) President Robert Cleaver said at the annual meet…
Fair Harbour to drill massive sulphide bet
An exploration program is planned by Fair Harbour Mining Corp. (VSE) for its base metal/precious metal property on Pitt Island near Prince Rupert, B.C. The company plans to carry out property-wide rec…
Caribou mine
Re: The Just-in-Time Mine article that appeared in the March, 1989, issue. I wish to report some serious errors and omissions. The following points should clarify some of the statements made and also …
Canada slips to fourth place among world’s gold producers
Mining costs for the western world’s gold producers continued to rise in 1988 and Canada slipped to fourth spot among producer- nations, Consolidated Gold Fields reports in its Gold 1989 publication. …
Lencourt, Billiton could develop gold projects in Zaire
Toronto-based Lencourt Ltd. (TSE) has entered into an agreement with Billiton International Metals, B.V., which could see the latter company acquire Lencourt’s interest in a Zaire gold project. Billit…
Flowsheet A YELLOWCAKE RECIPE
Half a billion dollars was spent Hbringing into production the HKey Lake uranium complex in northern Saskatchewan. A large proprortion of that went into the mill — a first-class structure if ever the…
Editorial Keep the power coming
When Falconbridge paid its electricity bill last year it took a $70-million bite out of the company’s bank account. Falconbridge is one of Ontario Hydro’s largest customers, largely because of the K…
St. Andrew set to begin gold production at Stock
Production from the Stock Twp., Ont., gold mine development owned by St Andrew Goldfields (TSE) will begin by month-end, The Northern Miner learned during a tour of the site. “Milling will begin ahead…
Samatosum mine ahead of schedule
Start-up of the Samatosum project near Adams Lake, B.C., was about one month ahead of schedule, according to Rea Gold Corp. (TSE) which owns 30% of the high grade silver and base metal mining operatio…
Ronrico/Louvicourt in metals venture
Partners Ronrico Explorations (VSE) and Louvicourt Gold Mines (COATS) are planning to explore for a base metals deposit on the untested northern two-thirds of the Simkar property east of Val d’Or, Que…