INCO CLEANS UP
Mining and other industrial companies are finding there is something to be gained from tough, new anti-pollution laws; they can secure for themselves a clean reputation from cleaning up. Inco Ltd. has…
News
LAKE SHORE TAILINGS
Squeezing more gold out of old tailings isn’t easy, but LAC Minerals has found a way. It took a full year, but the company finally has ironed the wrinkles out of its tailings retreatment operation in …
Letters WHO FOUND CINOLA?
We write as solicitors to Efrem Specogna regarding your feature, “Debating the Discoveries,” in the July, 1988, issue. Specogna, along with Giovanni Trinco, did the initial prospecting and, in 1970, m…
Queries
I hold a stock certificate dated March 14, 1975 for 44 shares of a company called Auric Resources, formerly Consolidated Nicholson. Can you please give me a status report on Auric Resources. J.A. Thor…
Indium Plant Receives Go-ahead
Metallurgists at the Kidd Creek Mmine in Timmins, Ont., have been watching the automotive industry in Japan very closely. Not because they buy a n ew car every year, but because that particular Japane…
Westminer committed to N.A. despite problems at mines
When he was plucked last year from his job as manager of mineral exploration for Western Mining and sent to Toronto to run the Australian company’s new North American mining wing, Jim Laylor’s mandate…
Equinox options Van Stone mine
Already a gold producer through its minor interest in the Buckhorn mine in Nevada, Equinox Resources (TSE) has secured an option to buy 100% of the Van Stone lead-zinc mine in Washington State. The fo…
FINANCING (October 02, 1989)
Aramis Ventures — 500,000 sold for gross $225,000 Golden Pick Res — 250,000 com & 250,000 flow-through offered @ 50 cents per sh Mad River Res — 670,000 offered @ 33 cents per sh Southern Cross G…
Mountain Lake metal bet optioned by Joutel Res.
Toronto-based Joutel Resources (TSE) recently signed a preliminary agreement to earn a 50% stake in Mountain Lake Resources’ (VSE) Ben Nevis Twp. claims northeast of Kirkland Lake, Ont. Two zones, one…
Spot prices at a glance (October 02, 1989)
Week’s Price (US) Change Gold* $369.30 +$ 8.55 Silver* $ 5.29 +$ 0.22 Platinum* $490.40 +$16.75 Nickel** $ 4.99 –$ 0.18 Lead** $ 0.34 +$ 0.00…
Timmins Nickel Sept 26
Timmins Nickel (TSE) has acquired three more nickel properties near its operating Redstone nickel mine southeast of Timmins, Ont.: the Tontine and Hart properties, purchased for cash and shares from C…
Sept 20, 1989 (October 02, 1989)
Amos, Que. (Special) — A modest staking rush has developed recently along what is believed to be a major regional structure, as reported this year by SOQUEM in its 1988-89 annual report. This structu…