Hemlo Lawsuit hasn’t hindered Corona’s growth
When a major mining company states emphatically its objective is to be a low-cost precious metals producer, it makes sense any new exploration projects it becomes involved in will follow along the sam…
News
Noranda earmarks $200 million for ’89 exploration
Higher metals prices have had a major impact on the balance sheet of Noranda Minerals. To maintain its position, the mining arm of Noranda Inc. (TSE) knows it must make a commitment to searching out n…
Glencairn seeks financing after Aur deal terminates
Glencairn Explorations (ASE) is seeking financing required to place its Feijao Cru diamond property in production. Located in Brazil, the Feijao Cru property hosts alluvial diamond bearing gravels whi…
CIM Symposium
The Hydrometallurgy Section of the Metallurgical Society of CIM is sponsoring an International Symposium on Electrometallurgical Plant Practice in Montreal, Que., on Oct 21-24, 1990 at the Le Grand Ho…
Letter to the Editor Environmentalist groups want more government
The group called Forest for Tomorrow is asking the government for many more hundreds of thousands of dollars. This group, headed by Toronto people has already received $134,000 of the $300,000 handed …
PLACER DOME INC.
For 9 month-period ended Sept 30, 1988. In millions of dollars, except per-share figures. 1988 1987 Assets $1,020.0 $584.2 Long-term debt $136.8 $96.1 Revenue $591.0 $603.1 Earnings …
Antelope/Bryndon Rossland properties
A drill indicated mineral inventory has been calculated for three separate zones of gold mineralization found on the Rossland project in southeastern British Columbia, a 50/50 joint venture involving …
Editorial Urban headframes
It has been said that there are lies, damned lies and statistics. A whimsical analysis undertaken by geologist Mary-Claire Ward falls directly under the third category. Ward made a study of 61 gold …
Nova-Cogesco funds
Recently completing a private placement worth $750,000 and involving three individual investors was Nova-Cogesco Resources (TSE). The company reports it issued 155,175 treasury shares at $1.45 each an…
Pierce Mountain drilling Ferro mine property
Initial drill results from the Ferro Mine property near Snow Lake, Man. have Pierce Mountain Resources (VSE) confident new tonnage will be added to proven and probable reserves estimated by previous o…
Lac looks beyond Canada’s boundaries for gold
If you become as successful as LAC Minerals (TSE) in developing gold properties in Canada, it seems only natural to try to apply your expertise to projects in other parts of the world. LAC, which prod…
Mining deaths hit record low in 1988
1988 has set a new record low for mining fatalities ever recorded in the United States says the Mine Safety and Health Administration (MSHA) recently. A total of 100 mine fatalities in 1988 is a decli…