News

Exploration ’88 PLACER DOME

Canada’s newest gold mining giant, Placer Dome, is boosting its exploration spending to $51.9 million in 1988, an $11.6-million increase over the 1987 budget. But unlike Noranda, which has hungry base…


Exploration ’88 NEWMONT

Newmont Exploration of Canada has budgeted $6.3 million for exploration in 1988. However, another nearly $4 million will be contributed by joint-venture companies on Newmont-managed ground, bringing t…


Exploration ’88 RAYROCK

Rayrock Yellowknife Resources will spend about $3.5 million on exploration this year. Most of the money will be used in a search for precious metals, including reserve definition drilling on the Costa…




Exploration ’88 THE STATUS OF FLOW-THROUGH

It looks very much like the flow-through gravy train is making its last whistle stop. Last year, $1 billion was raised through flow-through share financings for grassroots and more advanced exploratio…


Cross-Cuts MISLEADING STATEMENT

Your introduction to my article, which you entitled “Dubunking a Myth” (see January issue), says: “Junior exploration firms aren’t the mine-finders par excellence they’re made out to be. According to …



What’s New SHAKE ‘N BAKE

LEP Chemical, a major chemical manufacturer in the United Kingdom, has come up with a rather remarkable solution to the time-consuming problem of repairing conveyor belts which develop tears and rips …


Editor’s Note THE FLOW-THROUGH JITTERS

The Canadian mine-finding fraternity is jittery. Over the past three or four years, easy money (relatively speaking) has been available, thanks in large measure to the federal government’s brilliant t…


Law PROPERTY RIGHTS

There comes a time in every explorationist’s life when he or she must enter upon private property. In most cases, no problems will be encountered, but every so often they are. The problem usually take…


Exploration ’88 HUGHES-LANG

The Hughes-Lang Group has grown to such an extent over recent years that it now comprises some 20 dif- ferent companies. The company has major programs in western and eastern Canada, the Yukon, Mexico…


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