News

Cassiar seeks govt help to develop McDame deposit

British Columbia’s asbestos producer, Cassiar Mining Corp., has decided to proceed with a $38.8-million development of its McDame deposit located near Cassiar, but is seeking government help to financ…


Charlim and Ormico buy Direct interest

Recently increasing their interest in the Goldex gold extension property located in Dubuisson Twp. about six km from Val d’Or, Que., were Ormico Exploration and Charlim Explorations. The two companies…


Sandhurst closes deal to buy Queenstake block

An Australian placer gold mining concern, Sandhurst Mining has closed earlier plans to acquire approximately 20% each in two Vancouver-based companies, Queenstake Resources and Canadian United Mineral…


Partial dewatering by Cambior, Maufort

The first six levels of the former Siscoe gold mine in northwestern Quebec were dewatered during the recently completed first-phase of an exploration program being undertaken on the property by Cambio…



Riverton options Belleterre property

Riverton Resources has acquired an option to earn 100% of Brosnor Exploration’s interest in the former producing Belleterre gold mine in Guillet Twp., Que. At the time of the mine’s closing in 1966, r…


Total Erickson may acquire additional Getty shares

Holding an 11.6% equity position already, Total Erickson Resources has not ruled out acquiring more stock in Vancouver-based Getty Resources. At present the company owns approximately 1,089,300 Getty …


New Quebec Mining Act to take effect in 1988

A new Mining Act for Quebec passed in June of this year, to help simplify administration of the mining law in the province, is scheduled to come into effect April 1, 1988. The Mining Act currently in …


Chinese exhibition

Mining China ’88, an international mining equipment exhibition, is being organized for Oct 4-9, 1988, at Beijing, China. Hosting the show will be the China Council for the Promotion of International T…


Electra/Minerex start Nevada heap leach mine

Two more Vancouver companies have joined the list of heap leach gold producers in Nevada. Joint venture partners Electra North West Resources and Minerex Resources started gold pours in late October a…


Nuinsco deals base metal properties to Seadrift

In a bid to become a Canadian gold producer within 12 months, Nuinsco Resources has dealt some of its base metal properties to Seadrift International in exchange for a larger slice of the Cameron Lake…


Mining consultants views mixed on free trade

As the contents of the Canada/ U.S. Free Trade agreement continue to unfold, it’s clear that greater cross-border access will be offered to Canadian mineral producers. But the agreement may also provi…


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