News

Dration/Locator asses Theresa

A good deal of religious fervor, including site visitations by priests, was practised by management in an effort to coax profitability from the Theresa gold mine in the early 1950s. The effort was for…


Hudson Bay to mine Callinan ground in ’89

It’s been a long wait for shareholders of Consolidated Callinan Flin Flon Mines, but the 1,200-acre zinc-copper property the company once held in northern Manitoba is now slated to go into production …


Narrow trading range for silver

A trading range for silver between $6(US) and $8 seems reasonable for months to come because of reduced investor interest and the build-up of supplies overhanging the market, said a spokesman for silv…


Hot intersections pulled at Messeguay gold prospect

Montreal-based Messeguay Mines has pulled a hot intersection from its wholly-owned Launay/ Privat property where a new zone is being explored, the company said recently. Weighing in at 64 ft grading 0…



Camindex still in arrears at Valdez Creek project

A production shortfall at Camindex Mines’ Valdez Creek placer gold mine in Alaska, continues to cause financial headaches for the Toronto-based company. In 1986, ground water flow problems disrupted a…


Hydro discount to extend life of Brenda mine

A deal to get surplus power from B.C. Hydro at a discount price will enable Brenda Mines to extend the life of its open pit copper/molybdenum mine near Peachland, B.C., for an extra year, it has been …



Vedron delays decision on Timmins production

A production decision at Vedron Ltd.’s Timmins gold project in northern Ontario has been put off until at least July, President Leon La Prairie told shareholders at the annual meeting. While the compa…


COATS Trading Features (March 21, 1988)

The volume leader amongst resource issues on coats was Tarzan Gold. The issue traded through more than 180,000 shares this week to add 25 cents to $1.50. Tarzan holds varying interests in a large por…


Mining areas of ancient Britain

Interested in something really different? A little foray into one or two of the mining areas of Great Britain of two millennia ago might prove engrossing to a minerals man who has seen all the usual t…


Lacana earmarks funds for B.C. bet

Lacana Mining has confirmed its commitment to fund the balance of a $500,000 work program started last year on Huntington Resources’ Brett claims near Vernon, B.C. Approximately $360,000 was spent the…


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