Yearn for metals built our civilization
Headings such as Bronze Age and Iron Age that measure our progress in civilization do not begin to convey the adrenalin rush that spurred our ancestors to seek out metals in the ground or to attempt t…
News
Australian owner may sell Pamour group of companies
Debt problems plaguing the parent Australian corporations of Pamour Inc. (TSE) may result in the sale of some or all of the latter’s mining assets. Pamour’s immediate parent, Giant Resources, is repor…
MISA regulations become law for Ontario mines
Ontario’s 67 metal and salt mines which discharge wastewater into lakes and rivers must commence monitoring their wastewater for more than 200 contaminants on Feb 1, 1990. The new monitoring regulatio…
COATS (over-the-counter) Dayton gains 35 cents
Several junior gold issues posted modest gains on COATS this week. Up by 35 cents were the shares of Patrick Sheridan’s Dayton Porcupine Gold Mines. The company’s Ross mine east of Timmins, Ont., is …
Montreal Exchange Trading perks up
Investment activity came alive this week with the general market portfolio index climbing almost 59 points and the mining and minerals index gaining more than 49 points. Daily trading volumes were fai…
Cusac has results from Cassiar bet
A diamond drilling and trenching program on the Cassiar gold property owned by partners Cusac Industries (TSE) and Total Energold (TSE) has returned some encouraging gold values in a new surface vein….
Oneida, Placer Dome in property deal
A letter of intent has been signed by Placer Dome (TSE) and Oneida Resources (VSE) whereby the former may earn a 60% interest in the Maple Lake and Floating Heart properties of Oneida in the Mishibish…
Papers sought on structural controls
As part of the annual meeting of the Geological and Mineralogical Associations of Canada in May, 1990, there will be an international conference on “Structural Controls on Ore Deposits.” Send offers o…
Barringer to give keynote address
In the symposium scheduled for Nov 20-21 by the Saskatchewan Geological Society, Tonny Barringer will deliver the keynote address titled “Integration of Satellite, Airborne and Ground Data in Mineral …
NovaGold starts gold production at Murray Brook
The Murray Brook gold-silver mine has begun production, NovaGold Resources (TSE) says. Situated in New Brunswick, the mine processed 8,050 tons of ore during its 10-day start-up period to produce 237….
Alberta Stock Exchange Integrated makes bid
A takeover bid by Integrated Resources for Northern Minerals (TSE) failed to generate much interest. Integrated was firm at $1.20. Northern, which holds a basket of exploration properties and a placer…
Cuts 216 ft. grading 0.28 oz. Bond gold find near Stewart
Recent drilling by Bond International Gold (TSE) has intersected a significant new gold discovery on the company’s Red Mountain property in northwestern British Columbia. Situated about 15 km east of …