Queries Beauce Placer remains an empty shell
Would you be kind enough to provide me with some information on Beauce Placer Mining Co. which seems to be active, even if I haven’t read about it recently, and on Prime Potash Corp. of Canada which a…
News
Inco reviews female policy after human rights ruling
Inco Ltd. is currently reviewing its female placement policy following a decision by a human rights inquiry which ruled that the company can no longer bar women of child-bearing age from working in pa…
Bitech acquires Nfld. claims
Recently acquiring 24 claims near Dog Pond in south-central Newfoundland was Bitech Energy Resources of Toronto. The agreement calls for a 2% net smelter return and is subject to regulatory approval. …
Laurin named to head SOQUEM
The Quebec government mining company soquem (Societe quebecoise d’exploration miniere) has a new president and chief executive officer. Andre Laurin, formerly assistant deputy minister (mines) with th…
Metal prices give boost to Metallgesellschaft results
Metallgesellschaft Canada Investments, a wholly-owned subsidiary of Toronto-based Metall Mining has reported substantially increased earnings for the year ended Oct 31. A dilution gain of $5.2 million…
Enriched gold encountered at MacMillan/Granges bet
Significant intersections of enriched gold mineralization were encountered recently at the 50/50 joint venture gold project at Mishibishu Lake, Ont., involving MacMillan Energy and Granges Exploration…
Getty spending $13.7 million on 1988 exploration program
Exploration spending will jump 37% to $13.7 million in 1988, Getty Resources says in its 9-month interim report. Taken over in January by Total Resources Canada, a wholly- owned subsidiary of Total Co…
Mining courses at Penn State
A series of short courses on mining and mining-related subjects is being offered from March through June of this year by the college of earth and mineral sciences at Pennsylvania State University. The…
Golden Star releases Guyana gold reserves
Edmonton-based Golden Star Resources has established initial reserve figures at three Guyana gold properties which are being explored in a joint venture with Giant Resources of Australia. They include…
Letters to the Editor Jobs come first
I’ve been a Cream Silver Mines shareholder for five years and I’m puzzled by the Strathcona Park (on Vancouver Island, B.C.) issue. I understand that environmentalists have protested the drilling and …
Placer Dome winds up year with 68% increase in profits
Winding up a profitable year, Placer Dome had 68% higher earnings in 1987, as well as three new gold mines coming into production. Net profits rose to $158.2 million or 73 cents per share, up from $9…
Platinova makes deal
An agreement has been signed between Platinova Resources and Mount Estelle Resources, a private company. The deal allows Mount Estelle to share equally in Platinova’s interest in a gold project joint …