News

Franc R. Joubin, 1911-

Franc R. Joubin made his name and enduring reputation in uranium. It was Joubin who found the vast Blind River area uranium field in northern Ontario, today the site of the major operations of uranium…


Jerome financing

Jerome Gold Mines (ASE) has received a commitment from a flow-through fund which will provide $369,360. Jerome will issue shares at a price of 55 per share.


Gilbert A. LaBine, 1890-1977

Gilbert LaBine helped shape the course of world history when in 1930 he discovered pitchblende at Great Bear Lake in the Northwest Territories. A trip to the Great Bear Lake area with partner C. E. St…


Frederick M. Connell, 1883-1980

The citation accompanying the 1973 Inco Medal awarded to Frederick M. Connell, probably said it all: “In recognition of the leading part he has played as a mine-finder and mine- maker, placing his nam…



Gold Funds (January 16, 1989)

BGR Goldcorp Central MVP Capital Net value $11.86 8.74 6.73 N/A Price $ 9.125 6.00 5.75 N/A Discount 23.06% 31.3% 14.6% N/A…


Montreal Exchange Action picks up

A better showing by investors during the week pushed the general market portfolio index ahead by more than 58 pts and the mining and minerals index to a gain of more than 63 pts. Daily trading volumes…


Metal Prices PRODUCER PRICES (January 16, 1989)

ALUMINUM: MW U.S. Market $1.12-$1.13 per lb. (Dec 29, 1988). ANTIMONY: New York dealer 96 -$1.01 per lb. (Dec 22, 1988). BISMUTH: New York dealer $6.55-$6.75 per lb. (Dec 22, 1988). CADMIUM: New York …



X-Cal to drill Snowbird gold bet

A winter drill program is scheduled to begin this month on X-Cal Resources’ (TSE) Snowbird gold property in central British Columbia. The first phase of the program will test the “North zone,” where 1…


Wawa link to gold mines going ahead

Surveying and clearing work will proceed this winter on a road to link Wawa and Dubreuilville to the Kremzar and Magino gold mines, Northern Development Minister Rene Fontaine said. “I believe that th…


Editorial Rationalizing Canadian Coal Markets

If coal is such a hard sell these days, why not convert the energy contained in the rock into a form that is more salable? Two coal mining companies in British Columbia’s Elk Valley, for example, ar…


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