Grange looks for partners (May 06, 1991)
A consulting firm was recently hired by Grange Gold (VSE), a junior company looking to investigate possible joint ventures or partnership arrangements for its 50% owned Lovitt Mining. Lovitt owns abou…
News
Prime Equities gains Lorica position
The acquisition of 637,500 escrow shares of Lorica Resources (VSE) by Prime Equities (VSE) from former Lorica management has resulted in Prime taking over control of the company. Prime paid 5*CS each …
Colomac mine to close down
The performance of the Colomac gold mine in the Northwest Territories continues to improve as the remote open pit operation uses up remaining fuel supplies purchased by owner NorthWest Gold (TSE). Nor…
Hemlo reports lower earnings
While it reported a slight decrease in first-quarter profits recently, Hemlo Gold (TSE) continues to discuss the possibility of purchasing the gold assets of affiliate Noranda (TSE). If Hemlo was to …
Kingswood bullish on Mattagami bet
Kingswood Exploration (TSE) President Wayne O’Connor is encouraged by results from an 8-hole program on the company’s La Gouchetiere Twp. claims west of Matagami, Que. The Toronto-based company has b…
Uranium mines in Saskatchewan subject to joint environmental review
Proposed uranium mine developments in northern Saskatchewan will be subject to a joint federal-provincial environmental assessment following an agreement between the Saskatchewan and federal governmen…
FALCO GOLD: A GLOBAL PLAYER
Falconbridge Gold Corp., a subsidiary of Falconbridge Ltd., produced 82,018 oz. of gold in 1990. Hoyle Pond, a high-grade producer near Timmins, contributed about 64,500 oz. to the total. The rest cam…
ACTIONS SPEAK LOUDER: FALCONBRIDGE AND THE ENVIRONMENT
It has been said that a picture is worth a thousand words, and A.J. Casson’s painting entitled “The Entrance to Baie Fine” has come to speak volumes about Falconbridge’s commitment to environmental pr…
EXPLORATION HIGHLIGHTED BY QUEBEC RAGLAN PROJECT
Falconbridge is spending $46 million this year on exploration. It will feed another $23 million (of capitalized funds) to the New Quebec Raglan project on the Ungava Peninsula. Most of the other money…
FALCONBRIDGE AT TIMMINS: THE GEOLOGY OF KIDD CREEK
Falconbridge’s Kidd Creek copper-zinc-silver massive sulphide deposit is at the west end of the Archean-age Abitibi greenstone belt, 27 km north of Timmins, Ont. The orebody was discovered by diamond …
FALCONBRIDGE AT TIMMINS: KIDD CREEK: DEVELOPMENT AT DEPTH
Despite the mining of 12 million tons of ore and the passage of nearly three years, there has been only one change in mining methods since we reported on Kidd Creek in the July, 1988 issue. On the oth…
SUPPLIERS’ NOTES (May 03, 1991)
The Ontario Mine Contractors Safety Association recently appointed the following to its 1991-1992 executive: (Back row, left to right) Dan Sweeney (MacIsaac Mining & Tunnelling), Ron Dion (J.S. Redpat…