First gold bar for Bond Int’s
The first gold bar has been poured from the Golden Patricia gold mine owned by Bond Gold Canada, a wholly-owned affiliate of Bond International Gold (NYSE). Located west of Pickle Lake, Ont., the mine…
News
Books Mining Review
The 1988 edition of the Mining Annual Review is now available. This internationally known and respected publication offers information on metals and minerals, technical progress reports on mineral exp…
Alberta Stock Exchange American Ore active
Although its not ore yet, mineralization in two drill holes created a flurry of trading in American Ore this week. Each hole intersected quartz and carbonate veining in multiple shear zones on a joint…
New Pacer Dome appointment signals emphasis on mining
Placer Dome Inc. (TSE) has re-affirmed its commitment to focus on gold mining by appointing Anthony Petrina as the company’s new president and chief operating officer. A former hard rock miner from Su…
Geraldton pleased with trench results
Trenching by Geraldton Longlac Gold Mines (COATS) has produced encouraging gold values. A mineralized zone was trenched along 80 ft of strike yielding assays up to 0.24 oz gold per ton across 6.5 ft. …
Fischer-Watt drills Delamar property
A 5,000-ft exploratory drilling program has been completed by Fischer-Watt Gold Company on its Delamar property in Lincoln Cty., Nev. The company controls 144 claims in the district with six identifie…
Metal Prices FUTURES PRICES (September 26, 1988)
N.Y. Commodity Exchange 0206,0108,0007,0108,0007,0108,0007,0203 Week’s High Low Close Change COPPER (in US cents per lb.) Sep114.65 112.80 113.85 + 4.95 Oct111.80 111.80 111….
Metal Prices (September 26, 1988)
FREE MARKET London Metal Exchange Spot closing prices in Pound Sterling per tonne, except zinc and nickel ($US per tonne) Date Sept 20 Sept 19 Sept 16 Sept 15 Sept 14 Copper 1475…
Vancouver Stock Exchange Gold takes an “ugly” dive
Gold’s recent dip below $400 was described as “ugly” by one VSE broker, “because it’s gold that drives our market.” Although current thinking is that the market has bottomed out, there is no shortage …
MVP buying shares in NovaGold Res.
Recently subscribing for $500,000 worth of common shares of NovaGold Resources (TSE) was MVP Capital (TSE), a resource sector investment company based in Toronto. Purchase of the shares is subject to …
Editorial One of those Years
It’s been one of those years. Two steps forward and one step back. Nothing’s come easily. It’s been tough. With 1987 ending on a sour enough note, 1988 started as a struggle to claw back from the Oc…
Aur takes calculated gamble on Brazilian diamond deposit
Just weeks away from becoming a Canadian gold producer, Aur Resources (TSE) is taking a calculated gamble on a Brazilian diamond property which it hasn’t seen yet. The Toronto company has signed a let…