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A BREAKNECK PACE Golden Patricia

A few years ago, St. Joe Gold Corp. was spun off as a publicly traded company to oversee St. Joe Minerals’ (the parent firm’s) gold holdings in the Western Hemisphere. Overnight, St. Joe became a gold…


A BREAKNECK PACE Cape Spencer

Although the company poured its first gold bar in June, 1986, Gordex Minerals of Saint John, N.B., had to find a technological fix to bring its small Cape Spencer gold mine officially into commercial …


A BREAKNECK PACE Bell Creek

The Canamax game plan goes as follows: like most other junior explorers, the company first focuses on promising exploration projects. It then sets an “economic hurdle,” such as establishing that a pro…


A BREAKNECK PACE Holt-McDermott

In the pantheon of producing mines controlled or owned outright by American Barrick Resources, the Holt-McDermott property should hold a place of distinction. Once this property comes on-stream, it wi…



Correction (December 28, 1987)

In a reference to the real estate interests of Agnico-Eagle Mines carried in our Investment Comments column, it was incorrectly stated that the new arm could be liquidated immediately at a profit of $…


From camaraderie to paranoia lessons from Hemlo

Recklessly jumping from choppers still several feet in the air, eager to get some of the action of the Hemlo discovery, mining men alighting in the camp with a thud in 1981 were heard to use some pret…


Ferronickel export duty hits at Falconbridge

Faced by imposition of an unexpected 25% export duty on shipments of ferronickel from the operations of subsidiary Falconbridge Dominicana C por A in the Dominican Republic, Falconbridge Ltd has halte…


Louisiana leads the way

In a week when a number of issues posted substantial gains, the Louisiana Mining issue lead the way with a 65 cents increase on its share price. According to Louisiana, the shares were responding to …


Former employees at Gaspe Copper to get assistance

The Gaspe Copper division of Noranda Minerals at Murdochville, Que., has set up an initial fund of $1 million to help former employees at the Gaspe Copper mine dispose of their homes in Murdochville. …



Golden Zone gets drilling results

A 10,000-ft drill program carried out by Golden Zone Developments has extended the mineralized zones in the breccia pipe on its Golden Zone gold- silver prospect in south-central Alaska. The Golden Zo…


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