Metal Prices (October 03, 1988)
FREE MARKET London Metal Exchange Spot closing prices in Pound Sterling per tonne, except zinc and nickel ($US per tonne) Date Sept 27 Sept 26 Sept 23 Sept 22 Sept 21 Copper 1478…
News
HISTORY OF CIP
Gold is the only metal which has the combination of lustre, easy workability and virtual indestructibility and also rarity. This means ways are continually being sought to identify new feed sources an…
IN THE BEGINNING
Were it not for the decision of W one man to probe just a little deeper into the Camflo ground, the orebody may never have become a mine. This is how it happened: On the basis of a magnetometer survey…
Metal Prices FUTURES PRICES (October 03, 1988)
N.Y. Commodity Exchange Week’s High Low Close Change COPPER (in US cents per lb.) Oct 116.40 115.35 116.80 4.95 Dec 108.50 105.90 108.25 4.65 Mar 98.80 …
Catear Reports Impressive Assays at Goldwedge
Some impressive assay results were reported by Catear Resources (VSE) from underground stope sampling at its Goldwedge property north of Stewart, B.C. The company is now processing low grade material …
Cathedral reduces production estimates
The Stirling Mine in Nevada produced some 5,906 oz of gold druing the first six months of 1988, but 52%-owner Cathedral Gold Corp. (TSE) says it has reduced the 1988 production estimates downward from…
News in Brief (October 03, 1988)
A drill program has been completed by Cross Lake Minerals (VSE) on the company’s Red Cross Lake property in Manitoba. The 6-hole program tested an iron formation unit with characteristics similar to t…
Shareholder report shows how a mining project can work out.
The following is taken from Starrex Mining Corporation’s shareholder report for the 6-months ended June 30 as an example of how a mining project can work out. Other partners in the mine are Saskatchew…
Champion/Power option agreement
An option agreement has been completed between Champion Gold Resources (VSE), Power Explorations (TSE) and Moss Resources (ASE). The deal gives Champion the right to earn a 50% interest in Power’s Ohm…
“Paddle your own canoe” Noah — Many Years Ago Review.
Noah being a sensible sort of chap, never made an investment without first consulting his weather charts. They, plus the inevitable good advice from upstairs, told him that the best investment he coul…
Managing THE HAWTHORNE EFFECT
Recently, General Electric Co. announced it was closing its Hawthorne plant in Chicago, Ill. For those of us who have followed the evolution of “human resources management” in business, the closing of…
Drilling on Delaware Joint Venture
A 5-hole diamond drill program operated by Delaware Resources (VSE) is now under way on the 10,500-acre Iskut River joint venture property adjoining the Snip project in northern British Columbia. The …