A new division of Vancouver-based Wire Rope & Rigging Consultants has been established. The Mining Ropes Management division has begun marketing its services on a select basis to companies in the surf…
The mining industry could be facing a revolution in rock drilling within the next three years. “Indications are that our costs will be lower than those of either pneumatic or hydraulic drilling,” says…
Pascal Dessureault has been appointed president of Northgate Mines, the wholly-owned subsidiary of Northgate Exploration. He joined Northgate as general manager of the Chibougamau, Que., mining operat…
They look like any other factory in one of suburban Toronto’s sprawling industrial parks … until you try to get past the reception desk. Without a coded card, no one can get to the back of the plant…
This month Canamax Resources will officially open its Bell Creek gold mine at Timmins, Ont. It’s not a huge mine (about 300 tons per day), but it’s significant for several reasons. For one, it’s the f…
North American Metals Corp. says it has an agency agreement with Montagu Financing, of London, England, for Montagu to effect a private placement of 1.5 million shares of North American, at $6.75 per …
Quintette Coal dug deeper into the black as it opened its new Shikano pit at a capital cost of $12 million. “This third production area will represent 20% of production output and, more importantl…
ALUMINUM: MW U.S. Market 81.50cents-82.00cents per lb. (Aug 13,1987). ANTIMONY: New York dealer $1.10-$1.15 per lb. (Aug 13, 1987). BISMUTH: New York dealer $4.50-$4.80 per lb. (Aug 13, 1987). CADMIUM…
Production of 24,000 oz gold has been announced by Galactic Resources from its Summitville mine during the first six months of 1987. The mine, which began heap-leaching operations in June, 1986, produ…
Two diamond drill rigs will start drilling in early September on the northeastern Ontario Iris Gold claims of Perrex Resources, the company reports. President Alex Perron says stripping, trenching and…
An adit is expected to be collared by Dolly Varden Minerals at its Alice Arm, B.C. silver property by month-end. In doing so, the company will be reactivating one of B.C.’s most famous silver mining c…
Cove Energy Corp. says it has renegotiated a flow-through share financing with First Exploration Fund 1987 and Co., Ltd. Partnership, doubling the amount of the original funding. President Richard McR…
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