Letters to the Editor Newmont in Canada
On behalf of Newmont Mining and the many Newmont employees who have been part of the Canadian mining scene over the past 60 years, I would like to express sincere thanks for your gracious comments on …
On behalf of Newmont Mining and the many Newmont employees who have been part of the Canadian mining scene over the past 60 years, I would like to express sincere thanks for your gracious comments on …
After closing down operations at its Caribou gold property Seabright Explorations (TSE) is concentrating its efforts on a couple of other Nova Scotia projects. The Westminer Canada subsidiary says it …
The team that helped make LAC Minerals one of Canada’s most successful exploration and mine development company’s, wants to do it again — this time on its own. Dennis Sheehan and Robert Valliant, bot…
Ore from the Laurel Lake gold- silver mine near Creighton, Sask., will be processed at the Bootleg Lake mill of Vista Mines (TSE). Vista reports agreement has been reached for the milling of 9,000 ton…
Merger negotiations have been terminated between Pegasus Gold (TSE) and USMX Inc. (NASDAQ). The decision to terminate was made by the latter which cited “new developments . . . the potential ramificat…
The joint-venture team of North American Rare Metals (ME) and Dundee-Palliser Resources (TSE) has now finalized an agreement with Kennco Explorations to purchase all of that firm’s rights and interest…
A thorough analysis of the world gold mining industry is available from Colorado-based Metal Market Consultants. Titled “Gold Situation-1988,” the crisply-edited report offers an analysis of the suppl…
From a financial point of view, 1988 wasn’t a good year for Total Energold Corp. (TSE). The company’s net loss of $47.2 million was almost seven times the previous year’s total. But at a recent press …
Encouraging results have been reported by Gamsan Resources (ASE) from a recent drill program on the company’s Brabant Lake polymetallic property in northern Saskatchewan. Brabant Lake is located 90 mi…
The decline in gold prices to below $400(US) per oz combined with the reluctance of speculative investors to place their money into exploration equities, is playing havoc with the junior exploration s…
Shareholders of Frankfield Exploration (ASE), which has remained relatively dormant of late, are likely to see their company become more active. “We are going to be on the lookout. We certainly won’t …
ALUMINUM: MW U.S. Market 97 cents – $1.00(US) per lb. (Feb 16, 1989). ANTIMONY: New York dealer $1.00- $1.03(US) per lb. (Jan 19, 1989). BISMUTH: New York dealer $6.40-$6.60(US) per lb (Feb 16, 1989)….
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