1988

Core Shack ANOTHER LA RONGE PRODUCER

Located 75 miles north of La Ronge, Sask., the Rod gold deposit hosts proven and probable ore reserves of 626,928 tons grading 0.386 oz gold per ton in a quartz vein within a shear zone. The deposit, …



THE RISE OF CORONA

The Corona Corp. of today is the Tcreation of two very different people : Murray Pezim, Canada’s best-known and most flamboyant promoter, and Ned Goodman, a financier with practically no public profi…



50 Years Ago BIG GAIN IN GOLD IN ONTARIO

Ontario gold production made a gain of $8,156,735 in the first nine months of 1938, compared with the first three quarters of 1937. The amount produced in the period was $75,220,595. The Porcupine bel…


What’s New THE FINNISH LINE

Normet Canada Another Finnish mining equipment manufacturer has set up shop in Canada. The latest company to be welcomed to Sudbury, Ont. is Normet Industries Canada, whose Finn parent has manufacture…


Cross-Cuts ARCTIC ANXIETY

Climatologists have been building sophisticated computer models for several years now, trying to predict the effect the exhaust from cars and industrial processes will have on the global climate in ye…


THE PRESSURE IS ON

More money is being spent on rock mechanics research than ever before. The Mining Research Directorate in Ontario estimates there is $100 million being spent in Canada this year and about $20 million…


50 Years Ago EMERGENCY POWERS AN IRRITANT

The emergency powers under which U.S. President Roosevelt, if he desires, can revalue the American dollar down to 50 from its present 59.1 mark, expire June 30. The Wall Street Journal editorially d…


Investment Comment Junior gold producers evaluation

The Canadian gold mining industry today offers investors a broad spectrum of choices from senior gold producers to emerging junior gold producing companies Emerging junior gold companies are companies…


Northgate sifting through its expanding portfolio

One of the most active investors in the Canadian mining industry is preparing to embark on a period of self analysis. After a $100-million shopping binge in which it picked up minority interests in ni…


Alberta Stock Exchange Volumes much higher

A strengthening in the price of gold was accompanied this week by renewed interest in a number of Alberta issues. American Ore Ltd. was the volume leader with 493,300 shares following the release of d…


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