Scintilore claims ground where Bell mine stands
Alleging the mining claims covering the David Bell mine at the Hemlo gold camp in northern Ontario were forfeited under the Mining Act of Ontario, Scintilore Explorations (TSE) said it has now staked …
News
Letters to the Editor Remote: an inaccurate, confusing word
This is a note concerning the use of the word “remote” which I hope you may publish at least in part but in any event pass on to your writers. The word conjures up a host of frightening meanings for m…
Bulk Sample Planned for B.C. Gypsum Project
By year-end, Queenstake Resources (TSE), Haines Gypsum (VSE) and new joint venture partner Prospector Airways (VSE) expect to have mined and delivered a 50,000 tonne bulk sample of gypsum from the O’C…
Bruised but not broken, Newmont vows to cut debts
Financially bruised by an unsuccessful takeover battle, New York- based Newmont Mining has promised to take more steps this year to reduce its heavy debt load. One of North America’s largest gold prod…
Mahogany/Corona project to start
Gold production from the Jolu project is expected to begin within three months, partners Mahogany Minerals Resources (VSE) and Corona Corp. (TSE) say. Located north of La Ronge, Sask., the mine will b…
Letters to the Editor Engelhard remembered
I was much interested in T. P. Mohide’s article on Charlie Engelhard who was two years my junior at our New England boarding school. A classmate told me of an incident aboard one of the ocean liners o…
Editorial Arm twisting
Canadians sometimes like to point their collective finger at the United States when it comes to placing blame for air pollution, particularly air pollution that causes acid rain. Yes, Inco and Noranda…
Drilling Planned for B.C. Silver Project
After uncovering high grade silver during their recent Phase I exploration program, 50/50 joint venture partners Schellex Gold (VSE) and Harrisburg- Dayton Resource Corp. (VSE) say a 4000-ft diamond d…
Vancouver Stock Exchange Low volume, higher interst rates
The VSE market churned its way on very low volume through yet another quiet week. The most noteworthy event was the VSE Index dropping below the psychological 1000 mark, but this wasn’t enough to get …
Drilling started at Lac’s Apolinario
Drilling is under way at the Apolinario gold property in Chile, Lac Minerals (TSE) reports. The major gold producer has an 85% interest in the property which is located on a mountainside 16,000 ft abo…
PRODUCER PRICES (August 29, 1988)
ALUMINUM: MW U.S. Market $1.24-$1.28 per lb. (Aug 11, 1988). ANTIMONY: New York dealer $0.99-$1.05 per lb. (July 21, 1988). BISMUTH: New York dealer $5.90-$6.05 per lb. (Aug 4, 1988). CADMIUM: New Yor…
Approval given for ABM/Northgate deal
Toronto-based Northgate Exploration (TSE) has completed a transaction to acquire all of the shares of ABM Mining Group, a Vancouver holding company. The transaction gives Northgate 45% of the equity a…