Dome Sweet Dome FIVE ON THE WAY
Placer Dome takes a back seat to no one when it comes to finding and building new mines. In Canada, the company is evaluating three potential producers: the Eastmain project, 185 miles northeast of C…
News
50 YEARS AGO — APRIL, 1938 CALIFORNIA FEVERISH OVER ZEBALLOS CAMP
“Zeballos is the best thing that has happened to this province’s gold-mining industry in ages,” the deputy minister of mines for British Columbia stated last week at a meeting here of the Engineering …
50 YEARS AGO — APRIL, 1938 NEW SHAFT STARTED AT MACASSA MINE
Opening shots for the big new development program at the Macassa mine, in Kirkland Lake, Ont., were fired this week. Sinking operations began Monday on the new 4,000-ft shaft, in the centre of the pro…
50 YEARS AGO — APRIL, 1938 CARIBOO PROMISES LODE REVIVAL
The Cariboo district of British Columbia, famous for its colorful and prosperous gold rush in the middle of the last century, now seems to be entering a new period of mining activity. But whereas the …
Editor’s Note HOUSE CALLS
At least once a month, as workloads and budgets allow, one of our magazine staffers flies off to tour and report on a mine in Canada. This is a matter of policy — we can’t adequately cover an industr…
BACK ON TRACK
Surrounded by coniferous bush, 209 km northeast of Timmins, Ont., sits the Detour Lake gold mine. It is the only fly-in mining operation in Ontario and, as such, has kept a pretty low profile within t…
Wrightbar financing
An $800,000 financing agreement has been arranged between Wrightbar Mines and CMP 1988 Resource Partnership and Co., Ltd. at 95 cents per share. The money will be used on exploration work at the compa…
Goldstack joins Ariel
The Ariel mining group in Quebec has added a ninth member, Vancouver-listed Goldstack Resources. Goldstack has a 33 1/3% interest in the old Malartic Goldfield s mine site located near Val d’Or, Que. …
People (March 28, 1988)
Saskatchewan Mining Association — K. J. Cahoon elected president at the annual general meeting held in Saskatoon recently.
HSK Vigrass results
No economic gold values were assayed in core from an initial drill program completed by HSK Minerals on the company’s Vigrass Lake project near Kirkland Lake, Ont. The program was designed to follow u…
INSIDER TRADES (March 28, 1988)
Canamax — Amax Gold (Can) bought 83,500 to hold 6,922,057. Chelsea — Northgate bought 1,000,000 (private) to hold 1,000,000 common shares and bought 400,000 warrants to hold 400,000. Gldn Briar — M…
Stephen Roman dead at age 66
Stephen B. Roman, the man who took control of a penny mining stock in 1953 and built it into one of the largest mining empires in Canada, has died. He was 66. A spokesman for Denison Mines said Roman …