When an announcement that a crosscut has encountered a 52-ft orebody, assaying $11 in gold, fails to stir prices of gold mining shares, traders and the public may be excused for wondering, What’s wron…
London Metal Exchange Spot closing prices in Pound Sterling per tonne Date Apr. 26 Apr. 25 Apr. 22 Apr. 21 Apr. 20 Copper 1080-1190 1095-1105 1167-1168 1170-118…
If you’re a geochemist, chances are your next grassroots exploration project will have a better chance of success if you can identify not just rock types in the field but also jack pine, trembling asp…
Vancouver-based Seadrift International (ASE) has released some more results from drilling on a previously unexplored area of the No 8 zone at its wholly-owned Aldermac project about nine miles west of…
It’s been a quiet week on the Toronto market. Gold managed to gain a couple of dollars today pushing the Gold Index up 60 points, but the overall drift has been sideways. With interest rates going up,…
Five Saint John, N.B., companies which share management personnel and are part of the Irving group all report improved earnings for 1987. Key Anacon Mines (TSE), with more than 500,000 shares in Bruns…
The management teams of gold- producer Louvem Mines and St. Genevieve Resources appear to have reconciled their differences, following a bid by the latter to acquire up to 4.8 million additional commo…
A new World Mining Map of Non- ferrous Metals which is claimed for the first time to include centrally- planned-economy countries, is now available from a West German publisher. The map package, which…
“First get it through your head that computers are big, expensive, fast, dumb adding-machine-typewriters. Then realize that most of the computer technicians that you’re likely to meet or hire are comp…
Sinking of a 1,500-ft shaft on the Tundra gold deposit in the Northwest Territories is expected to be complete by the end of 1988 says a spokesman for Getty Resources (TSE). The shaft was collared ear…
Ingersoll-Rand has introduced a new self-contained pneumatic drill for holes 2 1/2 to 4 inches in diameter. The ecm-360 Crawlair cents features an on-board 580-cu-ft-per-min, 120-lb- per-sq-inch air …
The big Gaspe copper mine of Noranda Inc. at Murdochville, Que., which was closed following a disastrous fire April 1, 1987, in which 56 underground miners miraculously escaped, is to be reopened. The…
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