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Obituaries Dorothy Jan Petch

Dorothy Jan Petch, who for 25 years was involved with placer platinum and gold mining on the Tulameen River, upstream from Princeton, B.C., has died at age 86. She was known as “The Platinum Queen of …


Agnico earnings are up sharply

A sharp improvement in the second quarter operations of Agnico- Eagle Mines has resulted in a 3- fold increase in this company’s half year net to $5.1 million or 37 cents per share, compared to $1.5 …


Alberta Stock Exchange Gold volumes drop

Rumours of a presidential heart attack in conjunction with concerns about the future health of the U.S. dollar sent volumes careering headlong into what market watchers will hope is a temporary slump….


Hudson Bay disappointed At Metalore’s Brookbank

Deep drilling completed by Hudson Bay Gold has produced disappointing results from Metalore Resources’ Brookbank gold property near Beardmore, Ont. Ontex Resources holds a 10% net profits royalty on t…


Deal with Amoco Canada said good for Placer Dome

From a Placer Dome investor or potential investor point of view, at least two good things could happen as the result of a deal struck between the newly-formed mining giant and Amoco Canada Petroleum, …


Obituary Alex Samson

Alex Samson, former treasurer and a director of Campbell Chibougamau Mines (now Campbell Resources) has died in Peterboro, Ont., at age 80. Mr Samson, who was with Campbell Chibougamau from 1950 to 19…


Trench samples are encouraging

Encouraging gold values from initial trenching at the Tartan Lake property in northern Manitoba held under option from Goldbrae Developments have been reported by Westfield Minerals. The property is l…


Citadel options Duraine claims

Citadel Gold Mines has completed an agreement with Dunraine Mines and Goldun Age Resources giving Citadel the right to earn a 50% interest in the Parkhill gold property. The project is located near Wa…




Battered dollar drives gold index to new high

What’s bad for the rest of the business community is not always bad for gold. The battered U.S. buck, which took a beating this week following increased worries about the burgeoning U.S. trade deficit…


High grade at Lamaque cut by Teck and Tundra

One of the best holes ever drilled on the Lamaque mine property near Val d’Or, Que, has been completed by Teck Exploration and partner Tundra Gold Mines. Hole T-13833 cut a 62.9-ft section in the No. …


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