News


Placer deposits comment not correct

Your article of August 22nd on Queenstakes’ placer operation in the Atlin mining camp of British Colubia was both enjoyable and informative. However, two comments on placer deposits in general were in…


Book Reviews Canadian book on Iron and Steel

Metallurigical works in Canada, Primary Iron and Steel 1988 lists in detail the facilities, productive capacities, products and other data of companies that comprised the primary iron and steel indust…


Octan plans to mine former Terra assets

Calgary-based Octan Resources (ASE) has agreed to acquire Terra Mines’ (TSE) mill and silver properties at Camsell River in the Northwest Territories, the company said recently. Subject to regulatory …


Drop in metal prices hurts commodity index

A decline in the price of industrial metals helped bring the Scotiabank’s all-commodity price index down by 8.2% in July compared with the previous month. Senior bank economist Patricia Mohr said the …


Production problems hurt Hudson Bay Mng.

Production problems at Hudson Bay Mining and Smelting’s (TSE) Flin Flon, Man., copper smelter and zinc plant have hit the company were it hurts most — on the bottom line. Second-quarter net income of…


Saskatchewan Gold Discovery

A new gold discovery was made in the La Ronge area of Saskatchewan, according to Goldsil Resources (TSE) and Golden Rule Resources (TSE), operator and 53.45% owner of the Kaslo project. Two widely spa…


Canamax drops Glimmer claims

Canamax Resources (TSE) has terminated its option on a gold property held by Glimmer Resources (VSE). Following the completion of a $450,000 exploration program, which included 17 diamond drill holes,…


Editorial Tomorrow’s gold mines

Developing mineral resources is a tricky business. It depends a great deal on government policy, not so much because of what governments can make happen but for what they can prevent from happening. C…


Metal Prices PRODUCER PRICES (September 05, 1988)

ALUMINUM: MW U.S. Market $1.27-$1.29 per lb. (Aug 25, 1988). ANTIMONY: New York dealer $1.05-$1.10 per lb. (Aug 25, 1988). BISMUTH: New York dealer $6.10-$6.15 per lb. (Aug 25, 1988). CADMIUM: New Yor…


COATS Trading Features (September 05, 1988)

Interest in South American Goldfields (COATS) has been stirred by the preparations of field crews from Homestake Mining who are beginning work on two, 20-sq-mile, concessions held by South American in…


MinVen Gold has interest in S. Dakota

MinVen Gold Corp. (TSE), the recently formed offspring of an amalgamation involving Brohm Resources and MFC Financing has agreement to acquire a 33120/30303 1/2% interest in a soon- to-be-producing So…


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