News

Obituary Charles McLachlan

Charles Gordon McLachlan, the 1956 recipient of the International Nickel Medal for distinguished service to the Canadian mining industry, has died. Born in Vancouver, B.C. in 1896, “Mac” served as a d…


Tin conference (March 13, 1989)

Metal Bulletin is organizing a tin conference from June 25-27, at the Golden Sands Hotel in Penang, Malaysia. For more information contact, Diana Little, Metal Bulletin Conferences Ltd., Park House, P…


Placer Dome in sulphur

Placer Dome Inc. (TSE) has entered into a joint venture agreement with two Australian mining companies, Gold and Mineral Exploration N.L. and Laverton Gold N.L., to explore their Mustang Draw sulphur …



Correction (March 13, 1989)

The tonnage range given for the sulphide lenses on the Cominco/ Redfern Tulsequah Chief project was misstated (N.M., Mar 6/89). In fact, the sulphide lenses ranged from 50,000 to 400,000 tons.


Coxheath problems

Low mill recoveries have forced Coxheath Gold Holdings (TSE) to lay off 63 employees at its Tangier gold mine operation in Nova Scotia. As a result of the low mill recoveries, Coxheath has reduced its…


London analyst has high praise for Galactic

The London bureau of Yorkton Securities has issued a glowing report on Galactic Resources (TSE) and its new gold mine. Claiming the “skeptics have been proven wrong about the Ridgeway gold mine,” York…


MacLellan production up

The MacLellan gold mine near Lynn Lake, Man., produced 55,188 oz of gold in 1988 — up almost 40% from the 39,624 oz produced in the previous year. Credit for the turnaround goes to LynnGold Resources…


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, …


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…


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