1988

Int’l Thunderwood going underground at Gold Hawk

During the first nine months of this year, International Thunderwood Explorations (TSE) spent $4.3 million on mineral exploration. The bulk of the money went to the Pelletier Lake and Gold Hawk projec…


Base metal potential at Cobalt silver mine

Joint venture partners Silverside Resources (TSE) and International Platinum Corp. (TSE) have an- nounced a base metal discovery on their 520 acre silver property located northeast of Cobalt, Ont. The…


Mill Rationalization Program

An engineering, procurement and construction management contract for a mill rationalization program was recently awarded to Wright Engineers and Fluor Daniel by Inco Ltd. The program, which is expecte…


MinVen finds gold in S. Dakota

Surface drilling at MinVen Gold Corp.’s (TSE) Gilt Edge mine in South Dakota has encountered significant gold mineralization over some unusually long thicknesses. The company is involved in a $9.4 mil…


People (October 17, 1988)

Well-known Canadian geologist Steven Scott has been appointed Chairman of the Geological Engineering division at the University of Toronto. A professor of geology at the University of Toronto, Dr Scot…




Mine production satisfies 66% of world gold demand

While gold production from mines in the non-Communist world will total 53.5 million oz by 1991, there won’t be enough of the metal to satisfy demand. In fact, the Gold Institute of Washington, D.C., r…


They’ve never had it so good

A recent article about gold producers hedging their bets by selling their output forward (N.M., Oct 3/88) helped to bring home the point of how much better off mining companies seem to be today compar…



Queries Black Bay Uranium is now Atco Ltd.

I wish to have information on a company called Black Bay Uranium. I hold a total of 13,000 shares in this company. I also own 800 shares of another company called Allied Pitch- Ore Mines Ltd. Can you …


Aurora has cash for property acquisitions

Aurora Gold (ASE) plans to take nearly $850,000 cash profit from an oil and gas investment and spend it on mineral property acquisitions. Gary Nolin, a director and officer of the Calgary-based compan…


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