Editorial Not a man underground by 2000
The Selbaie mine near Joutel, Que., has just finished installing a computer system that controls the entire milling process. James Lauder, an engineer in charge of the project, told members of the Can…
News
Exploration work continues at five Syngold projects
Exploration work will continue this year on Syngold Explorations’ gold projects, in particular on the Deka and Owl Creek West properties, and the company is in the market to purchase additional proper…
Alberta Stock Exchange Jascan keeps climbing
Continuing its winning ways this week was Jascan Resources, up $1.20 to $4 on 383,600 shares. It’s negotiating an agreement to become a joint venture partner with an affiliate of United States Borax &…
Financing, listing for Colray Res.
A $2.5-million financing and a listing on the Toronto Stock exchange has assured Colray Resources of adequate funds for a major expansion activity in some of its Canadian projects. The Saskatoon, Sask…
Books in Review New book on gold investing
Looking to make more money from gold investments? You might do worse than read a new book on the subject, The Complete Book of Gold Investing, by Jeffrey A. Nichols. The book is published by Dow Jones…
Montreal Exchange Essor earning option
Closing up 15 cents to 85 cents on a volume of 614,600 shares this week was Essor Exploration, which is earning a 50% interest in gold property in Malartic Twp. from Black Cliff Mines. President Guy M…
Weak U.S. dollar pushes gold to near $500 mark
Hold on to your hats, gold- watchers. The price of the precious metal may be about to make a run at $500(US) per ounce. Trading in the mid-$470 range (almost $650 Cdn) at presstime, gold has seen an a…
Westfield to acquire Chilean gold property
While it will be later this month before the full details are revealed, Westfield Minerals is close to buying into a promising gold-silver property in Chile. Westfield has reached an agreement, in pri…
Yukon platinum target of All-North
In Canada, platinum group metals are produced as a by-product from nickel mining operations in the Sudbury basin. They generally occur in small concentrations and are not an important economic conside…
April action hot
For the fourth consecutive month, a new record level was established on the Toronto Stock Exchange for share volume traded in any one month. In April, shares traded rose to 761.4 million, a 3.1% incre…
Rayrock profit up in 1st quarter
Earnings in the first quarter this year of 20 cents a share, before taxes and exploration expenses, compared with 11 cents a share for the 1986 first quarter, are reported by Rayrock Yellowknife Reso…
PEOPLE (May 25, 1987)
Association of Professional Geologists and Geophysicists of Quebec — France Goupil elected president succeeding Pierre M. Crepeault.