CIM a success, trade show a money-maker
More than 1,400 delegates signed up for the 90th annual meeting of the Canadian Institute of Mining and Metallurgy held at the convention centre on the banks of the north Saskatchewan River in this ho…
News
Strengthening dollar cuts Brunswick’s quarterly earnings
High metal prices and increased production contributed to a profitable first quarter for Brunswick Mining and Smelting Corp (TSE). Net earnings for the quarter were $3.9 million or 11 cents per share …
Canamax gold discovery boon for Kremzar mill
When Canamax Resources (TSE) decided to build a brand new 500- ton-per-day mill to process ore from the soon-to-be-producing Kremzar property near Wawa, Ont., the facility was designed to handle an ad…
Black Swan acquires Australian gold find
A significant new gold discovery with near-term production potential has been acquired by Black Swan Gold Mines (VSE) in Western Australia. Located 285 miles north of Perth, the Carlinga Well project …
Metal mining tax peculiarities (2)
(Editor’s note: This column is the conclusion of a two-part review. In the first part published last month, the writer looked at the origins of mining ** taxes.) ** The cat…
NovaGold financing (May 16, 1988)
NovaGold Resources of Halifax has signed an agreement with M.E.Q. (1988) Mineral Exploration and Co. Ltd. Partnership, providing for the purchase by the latter of $2,510,000 of flow-through NovaGold c…
Can-Mac drill results from Boston project
Encouraging results have been received by Can-Mac Exploration (VSE) from the company’s drill program on the Boston Twp., Ont., property. A 4,200-ft diamond drill program followed up high grade results…
Bishop suspends mining and milling pending review
President Rene C. Mutsaerts of Bishop Resources Development (VSE) reports that two shipments of lead, zinc, silver and gold concentrate have been made from the Duthie mine and that the mill on the pro…
General News & Comment (May 16, 1988)
The Nugget mine near Salmo, B.C., which boasts an impressive record of no accidents and no time lost, was awarded the 1987 Safety Award by the West Kootenay Mine and Industrial Association. Ralph McGi…
Pezim group to share in Opapimiskan Lake project
Vanvouver stock promoter Murray Pezim is spending $2.5 million to earn a slice of one of the most promising exploration properties in the Pickle Lake area of northwestern Ontario. Through Prime Capita…
Montreal Exchange: Mazarin-Cogema deal
Quieter times seem to have settled into the various stock markets and the Montreal Exchange is no exception. Trading continues mixed. During the past week, both the market portfolio and mining and min…
Newmont to speed up search
The search for deep sulphide deposits at Newmont Gold’s Deep Post prospect on the Carlin gold trend near Elko, Nev., will speed up this spring, the company said recently. In a bid to pull more record-…