Syngold amalgamates with Int’l Thunderwood
An amalgamation of International Thunderwood Explorations (TSE) and Syngold Explorations (TSE) has been completed. The new company is called Thunderwood Resources and will be listed on The Toronto Sto…
News
Industry embraces CEIP, companies seek grants
Industry’s initial skepticism about the federal government’s Canadian Exploration Incentive Program (CEIP) has faded and companies are now prepared to use the program effectively, Peter McLean, CEIP’s…
`Dirt-pile’ swindles under investigation
The U.S. Bureau of Mines is a well-known prospector of that nation’s mineral supplies. But recently, the bureau has been involved in protecting the American public from what has been dubbed the “Fool’…
Seeking good management is crucial to investment success
From a speech by William Trebilcock at the Prospectors & Developers Association of Canada 1989 annual convention. I work for Van Eck Management, a money management firm specializing in mining investme…
Deep hole ups potential of Redstone nickel mine
The Redstone nickel mine southeast of this city, once believed to be a small, finite orebody now has the potential for mushrooming into something significantly larger. A deep drill hole completed by o…
MacDonald mine could produce zinc by fall
If all goes according to plan, production could start up as early as this fall at the past-producing West MacDonald zinc mine in Quebec’s Rouyn-Noranda area. Negotiations involving MacDonald Mines Exp…
Chinese troubles lift share price of Can. Tungsten
The share price of Canada Tungsten Mining Corp. (TSE) benefitted from the recent political turmoil in China, which is the world’s largest producer of tungsten. The company, a non-mine producer for sev…
Will mining learn from experience?
Faced with a struggle to survive, the mining industry in Canada has made tremendous strides in the last six years. In some firms, productivity has doubled in that period. Management in the industry ha…
COATS MacDonald moves up
The shares of MacDonald Mines Exploration moved up 10 cents this week to close at 35 cents . The company is hoping to see production resume later this year at its West MacDonald zinc mine in Dufresnoy…
Val d’Or, Abcourt planning production for zinc prospect
The president of a junior mining company earning a 50% interest in the Vendome zinc prospect 30 miles north of Val d’or, Que., is optimistic the project can be in production within 12 months. Pedro Ca…
Letters to the Editor Mining Association’s environmental policy
The main editorial of your recent issue (June 5/89) entitled “Passing grades for environmental policy,” gave The Mining Association of Canada (MAC) a B for its new environmental policy. Although we wo…
Aurtec ready to treat tailings
A 950-oz gold loan will allow Aurtec Mining (ME) to bring its tailings recovery project at the Montauban mine near Quebec City, Que., into production. President Jean-Claude Caron reports the start-up …