Workers vote to strike at Lac’s Bousquet mine
A strike at Lac Minerals’ Bousquet No 1 mine and two associated mills near Malartic, Que. has brought operations to a complete standstill, the company said recently. After rejecting a new 3-year offer…
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Energex awaits feasibility on Toodoggone gold property
A decision to go ahead with production at Energex Resources’ Al property in the Toodoggone area of north- central British Columbia will depend on results of a feasibility study to be completed mid-Feb…
Jascan, Novamin get results from Dufferin bet in N.S.
Assay results from the first 13 holes of a 25-hole program on the Dufferin mine property in Nova Scotia, have been recieved by joint- venture partners Jascan Resources of Toronto and Novamin Resources…
Alberta Stock Exchange Volumes generally low
Despite a slew of joint-venture agreements on a number of Canadian and U.S. properties, it wasn’t a stellar week for the majority of Alberta-listed resource companies. Volumes were generally low as i…
Ontario may compensate for loss of flow-through
The Ontario government will be pressuring the federal Finance Department to rescind its plan to weaken flow-through share financing for mineral exploration, the province’s mines minister has announced…
Ateba uncovers new showing south of Orion at Beardmore
Further encouragement that Ateba Mines has made a significant new gold discovery in McComber Twp. east of Beardmore, Ont., has been reported by General Manager Stephen Wilkinson. Samples have been tak…
Calcium producer stocks equal to one-year demand
Producer stocks of calcium metal in 1987 were apparently equal to one year’s world demand or just under 2,000 tonnes, according to Roskill Information Services, a U.K.-based company specializing in mi…
Golden Star and Giant to explore Guyana bets
Joint venture partners Giant Resources of Australia and Edmonton-based Golden Star Resources say they will spend $2 million to continue exploration on three Guyana gold properties. Previous exploratio…
Aber, Hemisphere drill rich sulphides
Partners Aber Resources and Hemisphere Development could have their teeth into an important base and precious metals deposit in the Northwest Territories. Shared equally between both companies, the Su…
Eastmaque anticipates producing 24,000 oz gold at Kirkland Lake
Annual gold output from Eastmaque Gold Mines’ Kirkland Lake tailings project in Ontario will be around 24,000 oz, up from the 20,000 oz originally projected, the company reports. Eastmaque started pro…
Shabu share trading still subject of RCMP probe
Nearly eight months after Shabu Gold Mines ceased trading on the Alberta Stock Exchange, the company’s irregular trading pattern is still being investigated by the rcmp. While a spokesman for the rcmp…
Australia’s Western buys TSE’s Western
An Australian company, Western Mining Corp., has made a $101-million takeover offer for Toronto-based Western Goldfields whose principal asset is the Hog Ranch mine in Nevada. In the past month Wester…