Highland Valley wins top safety award
The Highland Valley copper mine near Kamloops was honored during the Mining Week in British Columbia for having achieved the highest standard of job safety performance in a British Columbia mine durin…
News
Hazards facing explorationists include animal attacks, avalanches
There are few, if any, occupations that expose individuals to such a variety of hazards as mineral exploration does. Several characteristics of the exploration sector in Western Canada are probably un…
News in Brief (March 26, 1990)
Prime Resources Corp. has changed its name to Prime Resources Group Inc. (PRU:VSE) on a 1-new-for-2.25-old-share basis. Transfer agent is Central Guaranty Trust Co.
Vancouver Stock Exchange Calpine, Stikine, Prime active players
During the week ended March 20 the fortunes of the U.S. dollar continued to dominate the gold market as international investors flock into the currency. The U.S. dollar rose over 100 basis points to c…
Placer’s output surpasses 1 million o\.
With a 43% increase in gold production to a record 1,183,000 ounces, Placer Dome (TSE) surpassed the 1- million-oz. level for the first time in 1989. However, the company’s consolidated 1989 net earni…
Reserve estimate due soon on Glimmer bet
Glimmer Resources (VSE) says it should soon have a preliminary estimate for the overall tonnage and grade of a gold zone on its property held jointly with Noranda (TSE) in Beatty and Hislop twps., Ont…
Letters to the Editor Director defends Latin American session
As a director of the Prospectors and Developers Association of Canada and a member of its convention committee, I must challenge your recent editorial “Focus on Canada’s potential” (T.N.M., March 19/9…
COATS (over-the-counter) Thunderhead return
Thunderhead Gold Mines, a company that ceased trading in 1983, has since been revived and is actively trading again for the week ended March 20. Thunderhead shares jumped 10 cents to close at $1.15 on…
Hemlo, Crude test milling samples from Eagle River
Test milling results are expected by next month for two bulk samples extracted from underground test stopes at the Eagle River joint venture of 60/40 partners Hemlo Gold (TSE) and Central Crude (TSE)….
Recorders brace for action when Ontario lifts caution
Ontario’s mining recorders’ offices in Sudbury and Larder Lake have been swamped with calls from individual prospectors since the province announced that part of a Cobalt-area land caution will be lif…
Teeshin seeking $15 million to build gold mine
Teeshin Resources (VSE) says it needs at least $15 million to build a 350-ton-per-day gold mining and milling operation at the Dome Mountain project, 23 miles southeast of Smithers, B.C. The company r…
LAC to focus exploration on Stewart area
A high priority is being placed on exploration this year by LAC Minerals (TSE) as the company gears up to focus on several high priority gold projects including the Red Mountain discovery near Stewart…