Bridger seeks damages from Teck
An action for damages was recently filed by Bridger Resources (VSE) against Teck (TSE) in the Supreme Court of British Columbia relating to the La Pepa gold mine project in Chile. Bridger held a 68% i…
News
Low costs at Golden Giant
The low-cost Golden Giant mine of Hemlo Gold Mines (TSE) on the north shore of Lake Superior continues to perform well. The company reports third-quarter gold output of 118,110 oz. (about the same as …
Royal Oak stakes at Shining Tree
Royal Oak Mines (TSE) has staked 123 claims in the Shining Tree area of northeastern Ontario following Fort Knox Gold Resources’ (TSE) discovery of ore-grade nickel and copper mineralization on its pr…
Claim transfers cheaper in Quebec
A change to Quebec’s Mining Act has made it less expensive for companies to transfer ownership of groups of mining claims in the province. Effective Oct. 3, transfer fees have been increased from $10 …
Royal Oak clears debt despite drop in gold production
Although Royal Oak Mines (TSE) isn’t producing as much gold as last year, the company’s new management team is reporting an improved financial performance for both the first nine months of 1991 and th…
Coins reducing silver stockpile
The silver stockpile of the U.S. defence department has been reduced by 41% through U.S. Mint coinage programs since the Mint began drawing from the stockpile in 1986, The Silver Institute of Washingt…
Stratmin plant at full throttle
Full production at the St-Aime-du-Lac-des-Iles graphite concentrator north of Montreal will resume Nov. 25 after having been operated on a part-time basis since April, Stratmin Graphite, a 75% owned s…
New contract at Port Hope refinery
Union members at Cameco’s (TSE) uranium refining operation in Port Hope, Ont., have ratified a new collective agreement. The 3-year contract provides for an immediate wage increase averaging 4% and av…
EDITORIAL PAGE (November 18, 1991)
It is remarkable how differently Canada treats its miners compared with its farmers. In the public’s eyes, farmers are heroes, stewards of the earth, defenders of a simpler, kinder way of life. Miners…
PEOPLE (November 18, 1991)
Donald Williams elected president; Morris Beattie, Owen Dolan, Alexander Burton, Donald Williams and Thomas Sawyer elected directors.
Pre-concentration method could reduce Sikaman costs
A 3-year extension was recently given to Sikaman Gold (TSE) on its option to bring the Snow Lake tailings project into production after tests showed that an alternative pre-concentration method could …
Kowalski launches Founder Resources
Former Metalore Resources (TSE) geologist Barbara Kowalski has successfully launched a new junior exploration company with a mandate to develop three claim groups near Beardmore in northern Ontario. S…