“Is there anyone here who doubts there will a completely automated mine, somewhere in the world, in the near future?” panel member Ronald Woodbridge asked the 170 attendees of the second Canadian Symp…
While investors scurry to find a shelter from the recent stock market debacle, gold could still provide a refuge from the recession which analysts say could be just around the corner. Current thinking…
Even in the midst of a market downturn, nothing makes investors sit up and take notice like a new gold discovery. That was proven this week when a little-known oil and gas explorer called Argus Resour…
An option to earn a 40% interest in Kerr Addison Mines’ Macho- Rouleau property in Urban and Barry twps. in northwestern Quebec has been acquired by Beaufield Resources. Under the terms of the agreeme…
..Nothing so gives the illusion of intelligence as personal association with large sums of money. John Kenneth Galbraith, Canadian economist With so much wealth erased during the past two weeks as …
Partners Gateford Resources and Macamic Resources expect to have a drill program completed by March, 1988, on their Reed-Belanger chromite property in the Eastern Townships, Que. Macamic must spend $7…
Gold values of 0.62 oz gold per ton and 0.31 oz were obtained from grab samples taken to check an earlier set of sampling results from Chesbar Resources’ 8-claim, optioned property in Yeo Twp. in nort…
Toronto Stock Exchange — Lorne J. Levy appointed a member governor, succeeding J. Ronald Woods who has resigned.
Toronto-based Canamax Resources has reached an agreement with National Westminster Bank of Canada to finance construction and development of Canamax’s three new gold mines. They include the company’s …
Higher grades of ore are being mined in the Hemlo area of northern Ontario, the three gold-producing mines there report. Hemlo Gold Mines’ Golden Giant mine is currently milling ore in the 0.41-oz-gol…
Vancouver-based Surf Inlet Mines recently completed a private placement with Beltech Corp. of Australia to raise $1 million to finance the first phase of a major underground program at the Surf Inlet …
Exploration work at Gunsteel Resources’ Nugget property continues to enhance its production potential. Because the geology and mineralogy of the various gold-bearing structures are quite complex, the …
By continuing to browse you agree to our use of cookies. To learn more, click more information
Dear user, please be aware that we use cookies to help users navigate our website content and to help us understand how we can improve the user experience. If you have ideas for how we can improve our services, we’d love to hear from you. Click here to email us. By continuing to browse you agree to our use of cookies. Please see our Privacy & Cookie Usage Policy to learn more.