Editorial Looking ahead to 1989
Crystal-ball gazing is a hazardous occupation, but once every winter, as we cross the threshold into a new year, we indulge our inclination to tell the universe just how we expect it will unfold. If t…
News
Editorial Low, low interest rates
The following is taken from a recent presentation by Donald Worth, vice-president of the mining specialist group for the Canadian Imperial Bank of Commerce, at a seminar for brokers and market watcher…
Agnico ups stake in Dumagami to 42%
Toronto-based Agnico-Eagle Mines (TSE) has increased its direct ownership in Dumagami Mines Ltd. (TSE) to 42% by acquiring an additional 16% stake in the company from Mentor Exploration and Developmen…
BREAKING NEW GROUND CALLINAN
Last March, Hudson Bay Mining & Smelting dealt a 49% interest in the Callinan deposit, just north of Flin Flon, Man., to Manitoba Mineral Resources in return for $9.7 million to be spent developing th…
T. R. V. Minerals
T. R. V. Minerals (VSE) says it has accepted a proposal for a private placement of 8.5 million shares at 15 per share. Also included in the placement are warrants to purchase an additional 8.5 millio…
Letter to the Editor Gradore was revised
In your answer to a question concerning the shares of Gradore Mines (N.M., Dec 12/88), you state that the company’s charter was cancelled in October, 1972. Actually, the charter of Gradore was revised…
Evaluating properties that have no proven reserves
From a presentation by Ross Lawrence, P.Eng., to the Toronto Geological Discussion Group. There are three broad categories of accepted valuation methodologies: income, cost and market techniques. All …
Mexican copper showings, mexican buses and mexican blondes
In 1975 I was cruising around the State of Guerrero, Mexico looking at showings and my travels took me through Chilpancingo, the capital of that state. I looked up a man whose first name was Francisco…
Echo BAy to triple Cove’s gold output
A 14-year mine plan which will see gold output triple at the McCoy/ Cove property of Echo Bay Mines (TSE) in Nevada has been completed by Pincock, Allen & Holt Inc., consulting geologists and engineer…
Alberta Stock Exchange (December 26, 1988)
Alberta saw a sudden surge in volumes this week following news that the Canadian dollar has stabilized on foreign exchange markets. Bitech Energy Resources was easily the volume leader in the mining a…
Skyline modifying milling process at Johnny Mountain
A number of modifications to the 300-ton-per- day mill operating at Skyline Explorations’ (TSE) Johnny Mountain mine in northwestern British Columbia are expected to increase recoveries to 90% and bri…
Aurogin awaits better markets
Declining stock market interest, especially in junior resource issues, has got Aurogin Resources (VSE) looking around for joint venture partners to continue exploration on its properties. “We have qui…