Noranda’s CEZ adding silver recovery circuit
Celebrating 25 years of production, Canadian Electrolytic Zinc (CEZ) is adding a silver recovery circuit to its zinc reduction plant located just outside Montreal. A pilot plant has been installed and…
News
Agnico and Hecla comb new gold areas
Two well known and highly respected mining companies out to broaden their horizons — one American, one Canadian — are joining hands to form a new and well heeled international exploration company th…
Biron raises $9.5 million, Hecla plans Mooseland shaft
Work crews of Hecla Mining Co. of Canada are clearing the site of a new, 330-m shaft to be put down on Acadia Mineral Ventures’ Mooseland property in Nova Scotia. Located 45 miles northeast of Halifax…
An unforgettable metals millionaire
Goldfinger. What’s it like, working for a man in the metals world who was the real life model for the character of that name in the James Bond story? The author, Ian Fleming, ex- British naval intelli…
Eastmaque reports good first year
Looking back on its first year of operations — a time some juniors meet their Waterloo — Eastmaque Gold Mines (TSE) can add up a respectable 19,858 oz gold produced from a heap leach project in Cali…
HSK, Joutel Res. in joint venture
Toronto-based HSK Minerals (TSE) and Joutel Resources (TSE) are about to embark on a joint venture at eight mining claims in the Guibord and Hislop Twp. areas southeast of Timmins, Ont., HSK said rece…
Alberta Stock Exchange (August 08, 1988)
Even in balmy August when investors seem to have other things on their minds, news of a gold discovery can still spark some excitement among summer speculators. That was proven this week by Bitech Ene…
Metals, grains lead commodity index
Surging metal and grain prices in June helped the Bank of Nova Scotia’s all-commodity price index increase by 5.8% compared with May. Metals and minerals prices were up 5.4%, while agricultural prices…
Metal Prices PRODUCER PRICES (August 08, 1988)
ALUMINUM: MW U.S. Market $1.24-$1.28 per lb. (July 28, 1988). ANTIMONY: New York dealer $0.99-$1.05 per lb. (July 21, 1988). BISMUTH: New York dealer $5.60-$5.75 per lb. (June 23, 1988). CADMIUM: New …
Bitech annouces discovery on coast of Newfoundland
Toronto-based Bitech Energy Resources (ASE) has announced what it believes is a significant gold discovery in the Betts Cove area on Newfoundland’s Baie Verte Peninsula. The discovery was made during …
Pegasus to start up Montana mine
With state operating permits now in hand, Pegasus Gold (TSE) is targeting start-up and commissioning this fall of its open pit heap leach Beal Mountain mine located 16m southwest of Butte, MN. And onc…
Uranium symposium (August 08, 1988)
The 13th annual symposium of the Uranium Institute, an international industrial association of the civil nuclear fuel industry, will take place Sept 7-9 in London. Sixty-eight corporate members from 1…