Reopening a long shutdown mine can be no easy task. Problems include enlarging undersized drifts and emergency exits and 1606 replacing lip pockets with ore and waste passes. Besides, there are often …
Vancouver-based Kap Resources (VSE) is planning to spend about $300,000 this year to explore a Chilean property it considers promising for the production of iodine. The company recently acquired an in…
Galactic Resources (TSE) has received proceeds of $12.58 million from a private placement of units completed by Yorkton Capital Markets (Overseas) Ltd. Each unit is exchangeable for one common share a…
1989 Oct 24Oct 23Oct 20Oct 19Oct 18HIGH LOW Composite “300”3899.133912.153954.793969.663929.514037.833353.13 Metals & Minerals3499.413470.323542.703587.983551.333919.203207.50 Integrated mines364…
A period of volatile trading has overtaken the stock market, moving investors to side with the cautious crowd. That the top trading stocks this past week were mainly “seniors” bears out this observati…
Soft gold prices and a lack of interest in the junior exploration market have combined to bring Toronto-based explorers Golden Terrace Resources (TSE) and Stan North Mining together in a proposed merg…
Several junior gold exploration issues gave up some ground on COATS this week. Slipping by 10 cents was Carolin Mines which closed at 35 cents after a total of 22 trades. The shares of Dartmouth-bas…
American Barrick Resources (TSE) continues to reap the rewards of a lucrative hedging program that has sheltered the Toronto gold producer from softer precious metal prices. While the price of gold av…
Investors determined to stay in the market were taken on a roller- coaster ride for yet another week following the Friday the 13th mini- crash. The markets were hit by another round of after-shocks, t…
The 17th annual Yukon geoscience forum will be held in Whitehorse at the Westmark Whitehorse Hotel and the Yukon Theatre Nov 26-29, followed by a seminar on cyanide and heap leaching. Technical papers…
Long-awaited amendments to Ontario’s antiquated Mining Act were tabled in the provincial legislature this week by Mines Minister Hugh O’Neil. The bill to amend Ontario’s 83-year-old Mining Act follows…
I am calling your attention to inconsistencies between the story on the Magino mine (N.M., Oct 23/89) and a reference to the same mine in another story in the same issue. The paragraph on page seven (…
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