Virginia Gold starts drilling campaign
A drilling program totalling 12,000 ft has been started on two properties in the state of Virginia in the United States, Virginia Gold Mines (ME) reports. The drilling will be performed on the Hughes …
News
Gold at Gilt Edge
The first dore button containing an estimated 207 oz of gold and 327 oz of silver has been poured at the Gilt Edge mine in the northern Black Hills area of South Dakota. The event marked the start-up …
Corona launches its first wholly-owned U.S. mine
Corona Corp. (TSE) has established its first, wholly-owned beachhead in the United States. The Santa Fe open pit, heap leach operation, several miles southeast of here, was officially launched as a go…
Teck nets $23 million in quarter
Teck Corp. (TSE) reports net earnings before extraordinary items of $23 million or 29 per share for the quarter ended Sept 30, 1988. This compares to $11 million or 12 for the same period a year ago…
THE SEARCH FOR SILVER
As a precious metal, silver has suffered a sad fate: Not only has it always stood in the shadow of its renowned cousin, gold, but now it garners less and less attention as the platinum group metals gr…
Letters to the Editor Deaths of two miners an accident
We were appalled by the tone of your editorial comment on the recent deaths of two miners at the Denison-Potacan potash mine in New Brunswick. We have been fortunate enough to visit that operation fre…
Letters to the Editor CANMET, NSERC studies at UBC
We would like to express our thanks for the timely article under “Environmental Politics” on the editorial page of the Sept 12 issue, referring to CANMET’s activities in this important area. Although …
Nuinsco, Echo Bay say Cameron Lake won’t go
After nine years of exploration, the Cameron Lake gold deposit owned by Nuinsco Resources (TSE) has been deemed uneconomic. The conclusion is part of a feasibility study completed by Wright Engineers,…
Queries Renabie Gold Trust
I am an investor and subscriber to The Northern Miner, which I think is a great newspaper and a must for any investor. I would like some information on the Renabie Gold Trust, listed on the TSE. I cou…
FREE MARKET Metal Prices
London Metal Exchange Spot closing prices in Pound Sterling per tonne, except zinc and nickel ($US per tonne) Date Oct 25 Oct 24 Oct 21 Oct 20 Oct 19 Copper 1870-1874 1830-1835…
Letters to the Editor Need Red Lake photos
The Red Lake Museum is searching for people who may have stories and/or photographs of Red Lake from the 1920s, 30s and early 40s. Some of the early mining pioneers/founders we are interested in are: …
PRODUCER PRICES Metal Prices (October 31, 1988)
ALUMINUM: MW U.S. Market $1.055-$1.095 per lb. (Oct 20, 1988). ANTIMONY: New York dealer $1.05-$1.10 per lb. (Aug 25, 1988). BISMUTH: New York dealer $5.90-$6.00 per lb. (Oct 20, 1988). CADMIUM: New Y…