Obituary Ralph Mitchell
Ralph “Mitch” Mitchell, involved in moving the Sherritt Gordon plant and town from Sherridon to Lynngold in Manitoba, died recently in The Pas, Man. He was 75. Mitchell was born in Toronto on Dec 13, …
News
Montreal Exchange Aur chasing Louvem
The market was full of positive news this past week, with the general index gaining more than 30 pts and the mining and minerals index jumping almost 50 pts. Daily volumes were moderate, in the range …
Northgate bails out Neptune
Truckers were preparing to haul mining equipment once again to Neptune Resources’ (TSE) Colomac gold property following news that Northgate Exploration (TSE) has agreed to provide a $40-million bridge…
Metal Prices (March 13, 1989)
FREE MARKET London Metal Exchange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date Mar 7 Mar 6 Mar 3 Mar 2 Mar 1 Copper 1…
Ego has Asquith Twp. drill results
Additional results have been reported by Ego Resources (TSE) and Asquith Resources (COATS) from recent drilling on their Asquith Twp., property in the Shining Tree area of northern Ontario. Highlights…
Gold Bar exploring Ontario properties
COATS-listed Gold Bar Resources has entered into a joint venture agreement with Timmins Nickel Inc., a Toronto-based company, to explore a copper/nickel property owned by Gold Bar. The property is loc…
Ego has Asquith Twp drill results
Additional results have been reported by Ego Resources (TSE) and Asquith Resources (COATS) from recent drilling on their Asquith Twp. property in the Shining Tree area of northern Ontario. Highlights …
Hemlo, Central results
Another 10 deep drill holes have been completed on the Eagle River gold property owned by partners Central Crude Ltd (VSE) and Hemlo Gold Mines (TSE). Located in the Mishibishu Lake area, 30 miles wes…
Goldpost Resources intersects gold
The first hole of a 4-hole drill program on the West Zone of the Hislop East property east of Timmins, Ont., has intersected 0.43 oz of gold per ton across 42.2 ft from a depth of 753 ft, says Goldpos…
News in Brief (March 13, 1989)
Richmark Resources has chnaged its transfer agent to pacific Corporate Services.
Corona takes write-down on Nickel Plate project
Consolidated earnings of $26.5 million (16 cents per share), before unusual and extraordinary items, on operating revenues of $187.5 million were reported by Corona Corp. (TSE) for the 15-month period…
Metal Prices PRODUCER PRICES (March 13, 1989)
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)….