1988

AGIP Canada, the wholly-owned affiliate of AGIP SpA of Italy, one of the world’s leading oil and gas companies, is taking on a more aggressive role in the Candian mining industry. Although the company…

Earnings of $3.5 million (11 cents per share) were recorded by Belmoral Mines of Toronto during 1987, compared with net income of $1.4 million (5 cents per share) for the year before. Revenues for th…

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…

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…

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…

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…

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 …

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…

Solid financially after recording a profitable year in fiscal 1987, Royex Gold Mining is planning to beef up its exploration side and that of its associated companies. Addressing the topic of explorat…

Assuming the current high rates of growth in this country continue, the federal government will be “within shooting distance” of a balanced budget by the mid-1990s, Finance Minister Michael Wilson tol…

Encouraging assays are reported from the first hole of a 10-hole program on Radcliffe Resources’ North Lake prospect in the La Ronge district of Saskatchewan. The hole had four 6-ft intersections grad…

St Andrew Goldfields is ready to start driving piles to support mill buildings and a surface crusher at its Stock Twp., gold property east of here. All that remains now is a favorable end to current d…