Vior and Sigma near completion of Ligneris deal
An option agreement under which Sigma Mines (Quebec) may acquire a 50% interest in the Ligneris gold property of Vior Inc. is nearing completion, Vior reports. The two companies signed the option agre…
News
Drilling begins at Garrison bet
Drilling by Proteus Resources has commenced on a 106-claim group property in Garrison and Thackeray twps. in northern Ontario, the Toronto-based company reports. Lac Minerals, which may earn a 50% int…
Gordex expansion nears completion
After ironing out some wrinkles in the system, Gordex Minerals says it is close to completing an expansion program at Canada’s first primary heap leach project. Located at Cape Spencer northeast of Sa…
Onitap’s Goldboro optioned to Orex
Ressources Orex has completed an option agreement giving the company the right to acquire a 50% interest in the Goldboro gold property by spending $6 million and completing a feasibility study. Locate…
CIL wins acid plant contract for Noranda’s Horne smelter
Chemetics International, a division of cil Inc. of Toronto, has beaten out two other major engineering companies in the hotly contested bid for a major construction project in Rouyn-Noranda, Que. Nora…
The 1987 Coal Review BULLMOOSE
The Bullmoose coal mine, in northeastern British Columbia, is a joint venture of Teck Corp. (51%), Lornex Mining Corp. (39%) and Nissho-Iwai (Canada) Ltd. (10%). It is managed and operated by Bullmoo…
The 1987 Coal Review OBED
The Obed mine, in west-central Alberta, enjoyed its best year ever, selling just under one million tonnes of thermal coal. However, the mine is still producing at only one-third of its 3-million-tonne…
Letters to the Editor Executives have not departed Royex
With respect to the article on Dolphin Explorations in your Jan 18 issue, I feel obliged to point out, somewhat along the lines of Mark Twain’s comment, that the suggestion that Robert McCallum and To…
What’s New NEW BUCKET TEETH
Esco Ltd. of Scarborough, Ont., is marketing a new steel tooth for bucket wheel excavators. Using a casting technique developed at the Canada Centre for Mineral and Energy Technology’s Physical Metall…
The 1987 Coal Review FORDING
With its head office in Calgary, Fording Coal employs about 1,240 personnel in Alberta and British Columbia. Established in 1968 to develop coal reserves, Fording is a wholly-owned subsidiary of Cana…
50 Years Ago FEBRUARY, 1938 COMPANY ANNOUNCES CUT IN MINE BILLS
Straight drop of $40 for all power up to 8,000 h.p. for Ontario and Quebec mines in 1938 — successive reduction of past eight years brings savings to customers to million dollars a year. Canada North…
Alberta Stock Exchange Argus a big trader
Despite a recent drop in the price of gold bullion, a couple of Alberta gold issues were big traders this week. After a recent lull in investor interest, Argus Resources posted a volume of 400,200 — …