1987

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. …



Houston expects production decision by late spring

VANCOUVER — A production decision is expected by late spring on the Silver Queen polymetallic property near Houston, B.C., owned 60% by Houston Metals Corp. and 40% by New Nadina Exploration. A feasi…


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…


Musto plans to reopen Apex mine

VANCOUVER — Working to redress the problems which forced the September closure of its Apex mine near St. George, Utah, Musto Explorations hopes to reopen the gallium and germanium-producing plants in…


Corona gold loan

A gold loan of 106,000 oz has allowed International Corona Resources to pay off its share (50%) of the financing for the producing David Bell gold mine at Hemlo in northern Ontario. Corona sold the go…


Supreme Court to hear appeal by Lac

The legal battle surrounding ownership of the Page Williams mine in the Hemlo gold camp in northern Ontario has moved on to the next — and final — stage. The Supreme Court of Canada has given Lac Mi…


Pioneer Metals commissions mill

VANCOUVER — Following an amazingly short construction period of 35 weeks, Pioneer Metals is commissioning the mill at its Puffy Lake gold project in northwestern Manitoba. As anticipated, the first d…


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 $…


Work starting soon on White-Guyat bet

Work on the first stage of a phase- two exploration program is expected to start shortly on the property of White-Guyat Mining in Munro Twp., north of Kirkland Lake, Ont. President John White says the…


Encouraging gold assays from Pacquet

Significant gold assays are coming in from the Pacquet property on Newfoundland’s Baie Verte Peninsula where International Impala Resources and Noranda Exploration Co. have a joint venture program. Th…


Beaufield, Falconbridge gold discovery at Rouleau

An important-looking gold discovery has been made by partners Beaufield Resources (49%) and Falconbridge Ltd. (51%) in the Macho- Rouleau area 140 km northeast of Senneterre, Que. Drilling by Falconbr…


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