Although still an early stage project, Cactus West Explorations (VSE) reported some impressive values from a preliminary exploration program on its Missouri gold property, one of three adjoining prope…
A new low- cost method of mining narrow vein gold deposits called “cookie jar mining” is being considered by International Coast Minerals (VSE) for its gold project in the Kennedy River camp on Vancou…
From a recent presentation by Lionel Kilburn at a seminar sponsored by the Prospectors and Developers Association of Canada. In the spring of 1988, two significant papers were presented by senior exec…
Assays of the gold mineralization at the 17th level of the old Magnet mine near Geraldton, Ont., have been encouraging, particularly where the entire widths of the mineralization are exposed in the wo…
It may not be next year, it may not be in the next decade, but eventually we’ll be mining on the ocean floor. With massive sulphide deposits measuring 150 m in diameter or more and at least five met…
Production deficiencies at Corona Corp.’s (TSE) Nickel Plate mine near Hedley, B.C., are finally out in the open. Addressing a group of analysts in Montreal recently, President Peter Steen confirmed t…
When Cambior Inc. decides to pursue an acquisition target, it seems there is no holding back the major Quebec gold producer. Initially bidding $1.50 per share for between 30% and 60% of Nova- Cogesco …
Two private placements totalling $1 million have been completed by Aunore Resources (ME) with Middlefield Resource Fund 1988 Ltd. Partnership II. The company says proceeds from the placements (worth $…
Start-up by late 1989 of an open- pit barite mining operation near Upton in Quebec’s Eastern Townships, has been announced by Robex Resources (ME). The company reports it is acting on the results of a…
SINDOR RESOURCES — Fred H. Loghtner appointed president and chief executive officer.
ALUMINUM: MW U.S. Market $1.0725- $1.0975 per lb. (Dec 1, 1988). ANTIMONY: New York dealer 95 -$1.00 per lb. (Nov 3, 1988). BISMUTH: New York dealer $6.25-$6.40 per lb. (Dec 1, 1988). CADMIUM: New Yor…
Dolphin — P. Brown bought 33,200 (Oct) @ $1-1.05 to hold 88,800. Laverty Red Lake — T. Gillett sold 210,000 (May) @ 72.5 to hold nil. Muscocho — Echo Bay bought 47,000 (Nov) @ $4 to hold 8,846,29…
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