Exploration ’88 ECHO BAY
Echo Bay Mines’ explorationists had their best year ever in 1987, adding nearly seven million proven and probable mineable ounces of gold to the company’s 1986 reserve of 5.6 million oz. This was acco…
News
Exploration ’88 PEZIM GROUP
The exploration arm of the ubiquitous Pezim group of companies is now known as Prime Explorations (formerly Galveston Explorations). In North America, Prime will be involved in nearly 50 exploration p…
Exploration ’88 TECK
Teck Corp.’s strategy in 1986 and 1987 was to revitalize its portfolio of properties through deals with junior companies that take advantage of the flow-through share funding so readily available to t…
Exploration ’88 BELMORAL
Belmoral Mines and its associated companies will spend more than $30 million in 1988 on exploration and development of existing operations and properties. They are located near Val d’Or, Que. and in t…
Cross-Cuts STAGGERING LOSSES
The Canadian mining industry loses about $940 million every year because it habitually ignores proper maintenance procedures that could reduce wear and friction in equipment components. That rather st…
Exploration ’88 AGNICO-EAGLE
Agnico-Eagle Mines has set a $9.6 million exploration budget for 1988. The bulk of the money, about $8.3 million, will be spent on surface and underground exploration for silver in the Cobalt/New Lisk…
Messeguay, partners boost Delta reserves
The tonnage calculation of the D8 north, D8 south and D9 zones, following the 1987 drilling program at the Delta project in northern Quebec, stands at about one million tonnes of possible and potentia…
St. Genevieve Res. seeks full control of Louvem Mines
A bid by St. Genevieve Resources of Montreal to buy up the outstanding balance of shares of Louvem Mines it does not already own has been announced. St. Genevieve holds an approximate 56% interest in …
Cal Graphite withdraws reserve and cost estimates for gold bet
A statement of reserves and capital costs for Cal Graphite’s recently acquired gold property near Magdelana de Kino in the Sonora province of Mexico could not be substantiated by formal engineering re…
Letters to the Editor Flippant remark threatens flow-through
I read, with considerable concern, the ill-advised reference to flow-through funding in E. A. Schiller’s column in your Jan 11/88 issue. I particularly disliked the term “fairy godfather” as applied t…
Increased growth forecast for mica
Consumption of mica in plastics increased strongly during the first half of the 1980s with the steady development of methods of using fillers to reduce costs and improve performance, Roskill Informati…
D’Or Val, Perron merger in works
Two Hughes-Lang companies active in northwestern Quebec, D’Or Val Mines and Perron Gold Mines, have agreed in principle to amalgamate. D’Or Val operates a producing gold mine near Val d’Or, while Perr…