Metal Prices (September 05, 1988)
FREE MARKET London Metal Exchange Spot closing prices in Pound Sterling per tonne Date Aug 30 Aug 29 Aug 26 Aug 25 Aug 24 Copper 1392-1394 N/A 1398-1399 1396-1398 1378-13…
News
MacDonald Mines regains shares in Gallen mine
A group of shareholders representing more than 10% of the issued shares of COATS-listed MacDonald Mines is trying to breathe new life into the mining company. At a recent meeting in Montreal, the comp…
Editor’s note
I have subscribed to your paper for more than 25 years and have always eagerly read it, but was I ever astounded and disgusted to see in your Aug 15th issue the sole “Letter to the Editor” headed `Mad…
High grade gold on Roxy zone
Drilling is continuing on the Roxy zone where several drill holes have intersected high grade gold values across wide widths, Golden Rule Resources (TSE) says. Operated by Saskatchewan Mining Developm…
Continuity confirmed at depth: Mimiska
Additional drilling results have been reported by Mimiska Mining (ME) from its wholly-owned Fern Elizabeth gold property in northwestern Quebec. The company says the latest results confirm the continu…
Yukon busy at ex-producer in Slocan mining district
Exploration of the old underground workings at Yukon Minerals’ (ASE) Senator gold/silver claims near Slocan, B.C. is scheduled to begin almost immediately, the company said recently. Located 8 km sout…
Profile ALL THE RIAGHT MOVES
Toronto’s fashionable Yorkville district is the last place you would expect to find a down-to-earth mining man. The chic ambience and elegant designer boutiques seem more geared towards the leggy, asp…
Research THE MOTHER LODE BELT
About 120 million years ago, a metal-bearing, carbonate-rich hydrothermal fluid was channelled by a steeply dipping, major strike-slip fault zone which developed nearly 10 km beneath the contemporary…
USER-FRIENDLY EXPLORATION
The mining industry has been intrigued by the application of computers for many years. In fact, from artificial intelligence systems designed to run “smarter smelters” (see The Northern Miner Magazine…
TONS OF FORTUNE
The size of the winnings has yet to be determined. But at the very least, the McCoy/Cove gold-silver deposit in north-central Nevada illustrates how a successful exploration program can boost the over…
LOOK OUT BELOW
In 1968, a supposedly stable, near-surface backfilled stope in Timmins collapsed. In 1981, an old stope caved to surface near the town of Malartic, Que., creating a depression 300 ft across and more t…
Specs WANNA RAISE?
When you want to ventilate the deepest levels of a mine or when you’re in charge of mining the highest-grade uranium deposit in the world, you’re pretty well limited to one kind of machine to get the …