Exploration drilling
Three new drills have been introduced into the underground diamond drilling market in the past year, according to a survey of the three major manufacturers with offices in Canada. JKS Boyles Internati…
News
Tantalum symposium
An international symposium on tantalum and niobium is being organized for Nov 7-9 at Orlando, Fla., by the Tantalum-Niobium International Study Centre. The centre reports the last symposium on tantalu…
Battle Mountain pays $40m in purchase from Noramco
U.S. gold miner Battle Mountain Gold Co. (TSE), has expanded into Canada with a $40-million investment in a portfolio of properties controlled by Noramco Mining Corp. (TSE). Battle Mountain’s invest…
Exploration drilling FLOW-THROUGH UNCERTAINTY LINGERS
Many of Canada’s drill manufacturers experienced record sales last year, but fears are growing among them that the current exploration boom may soon become a bust. It all depends on whether new drills…
Court orders Blackdome miners to return to work
A group of underground employees at Blackdome mine near Clinton, B.C. were expected to be back on the job last week following a court order which called for an end to their 6-day strike. The 18 member…
Nickel price won’t sway Que. Raglan
If the shareholders of New Quebec Raglan Mines (TSE) were hoping that a sudden upsurge in nickel prices would encourage the company to harness its huge nickel deposit at Ungava, Que., they came away f…
Editorial Common sense may yet win out
It’s sometimes difficult to separate reality from wishful thinking when it comes to judging the success of the mineral exploration industry’s campaign to save flow-through financing. The issue itsel…
Cambior projecting output of 200,000 oz gold in ’88
Quebec-based Cambior Inc. (TSE), which produced about 142,000 oz gold during 1987, is projecting an output of 200,000 oz for this year and 1989, and more than 250,000 oz for 1990. Cambior, with a 50% …
St. Genevieve Res. suspends offer for Louvem shares (May 02, 1988)
A bid to buy up to 4.8 million shares of Louvem Mines (TSE) at $1.50 per share has been suspended indefinitely by St. Genevieve Resources (ME). St. Genevieve, which owns about 56.5% of the common shar…
Stay of execution still possible for flo-through funds
Members of the mining exploration community received some indication here last week that the federal government is about to back down from its plan to weaken flow-through shares. Robert Jones, directo…
From the centre IDEAS THAT PAY
Editor’s note: The key operating people at any Canadian mine and mill were once concerned almost solely with meeting production quotas. Not anymore. At the better operations, getting more work out of …
Proceeds of Grant gold to solve Silverado problem
Living up to expectations has generally been a problem at Silverado Mines’ (VSE) Grant gold project near Fairbanks, Alaska. Milling at the troubled mining operation recommenced Dec 1, and since that t…