Queenston stymied at Kirkland claims
A mineable ore deposit has yet to be found deep beneath Queenston Gold Mines’ (TSE) Kirkland West claims near Kirkland Lake, Ont., shareholders were told at the company’s recent annual meeting in Toro…
News
Minto, N.B. celebrates 350 years of mining
This year marks the 350th anniversary of coal mining in New Brunswick and the community of Minto will celebrate the occasion in style on July 1. As early as 1639, New Brunswick miners were quarrying t…
Platinum supply can’t keep up with demand
A supply deficit of platinum is expected to continue, Johnson Matthey says in its latest annual review of the industry, Platinum 1989. The platinum industry authority reports demand last year rose by …
Crown Butte options Noranda properties
A 60,000-ft drill program funded by a unit of Crown Butte Resources (VSE) has started on two recently- optioned gold properties situated about 17 miles south of the famous Lead Mining District in Sout…
Cons Professor still waiting to build mine
An improvement in the price of gold, together with appropriate environmental approvals, will both be necessary before production is assured a Consolidate Professo Mines (TSE Dupor gol projec ne…
Canadian Giant expands Newfoundland holdings
Six exploration properties comprising 365 claims in northern Newfoundland have been acquired by Canadian Giant Exploration (VSE) from Toronto-based Cliff Resources (TSE). The acquisition increases the…
Asarco, Montana Res. in partnership deal
An agreement to form a partnership that will own the Montana copper mining business of Montana Resources has been completed by that company and Asarco Inc. (NYSE). Asarco purchased a 49.9% interest in…
Audrey’s best hole adds to Mobrun ore potential
A hole drilled to determine the upper limits of the large 1100 lens located near the Mobrun mine shaft in northwestern Quebec “is the best hole to have been carried out on the Mobrun property,” Audrey…
Editorial The power of local politics
Louis Antoine de Bougainville, a nineteenth century French navigator, is probably best remembered for the large, bright tropical plant that bears his name, bougainvillaea. In mining circles, however, …
Geological reserve estimate released for Eskay Creek
Based on an independent preliminary overview report, Consolidated Stikine Silver (VSE) has released a geological reserve estimate for the Eskay Creek gold-silver project in northwestern British Columb…
Aurizon Mines aims for 24,000 oz in ’89
Quebec gold-silver producer Aurizon Mines (TSE) is projecting output of more than 24,000 oz for 1989. The Hughes-Lang company, created in 1988 through the amalgamation of Perron Gold Mines and D’Or Va…
Goldcorp facing legal battles in Dickenson/Kam-Kotia takeover
A takeover of associated companies Dickenson Mines (TSE) and Kam-Kotia Mines earlier this year has left Goldcorp Investments Ltd. of Toronto with a substantial loan payment and two lawsuits. Goldcorp,…