Letters to the Editor (August 08, 1988)
As a McNellen shareholder, I am a little disappointed at the skepticism you imply as to the latest estimates of McNellen’s ore reserves (now eight million tons of 0.25 oz gold per ton) and thought to …
News
Editorial An election plank
It’s not often, in Canada, that political leaders even mention mining let alone consider the industry, one which might contribute a plank to their election platform. Not so in the U.S. At a recent con…
Tantalum-Niobium
A Florida setting has been chosen for the International Symposium on Tantalum and Niobium to take place Nov 7-9 at Orlando. The emphasis at this year’s meeting will be on marketing, production, proces…
Hope Brook reports output of 18,629 oz
Gold production of 18,629 oz was reported by Hope Brook Gold (TSE) for the first six months of 1988 from its Newfoundland mining operation. Production at the site was suspended for the winter and did …
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…
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…