DRILLING: THE NEXT DECADE
Looking ahead to the 1990s, some Canadian mines may very well be driving drifts, crosscuts and raises with a technology completely different from anything in use today. While drilling and blasting hav…
News
Investment Comment Analysts give approval to Royex amalgamation
The recent amalgamation of the Royex group of companies under a new entity called Corona Corp. has been a major talking point in mining and investment circles. Coming, as it did, in the wake of a cont…
Thunderwqood earmarks $4.8 million for exploration on Goldhawk
With a conditional listing on the Toronto Stock Exchange and $1 million in working capital, International Thunderwood Explorations (VSE) is preparing to forge ahead with work on a number of key proper…
Alberta Stock Exchange Zahavy moves up (May 02, 1988)
The spectre of the Oct 19 market downturn may still be casting a long shadow across North American equity markets, but a number of Alberta gold stocks showed significant increases during trading this …
Reserves lower than expected at Granges gold bet
Reserves at the Tartan Lake gold project of Granges Exploration (TSE) and Abermin Corp. (TSE) may be lower than the “drill-indicated grade originally set out in the feasibility study,” says Abermin pr…
Letters to the Editor Inaccuracies and misinterpretations
We are appalled by the inaccuracies and misinterpretations in the two articles in your April 15 issue relating to recent agreements between Echo Bay Mines and three companies of our group. Your front-…
Val d’Or, Abcourt pleased by results
Encouraging drill results have been reported by Val d’Or Resources (ME) and Abcourt Mines (ME) from the northern part of the Vendome property located 30 miles north of Val d’Or, Que., and three miles …
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 …
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…
What’s new Clarification
In our January issue we announced that Wagner Mining Equipment of Portland, Ore., is marketing an electrical-powered scoop equipped with a 1/2-cu-yd bucket and a diesel-powered scoop of the same size….
Spot prices at a glance (May 02, 1988)
Week’s Price (US) Change Gold (per oz) $449.10 — $ 8.90 Silver (per oz) $ 6.37 — $ 0.10 Platinum (per oz) $518.50 — $16.50 Copper (per lb) $ 0.97 — $ 0.03…
Inco has a record quarter, but best is yet to come
Profit earned by Inco Ltd. (TSE) for the first quarter of this year is the largest such profit in the company’s history. Bolstered by the strongest nickel prices in the history of the industry, the co…