Metal Prices PRODUCER PRICES (May 09, 1988)
ALUMINUM: MW U.S. Market $1.04-$1.08 per lb. (Apr 21, 1988). ANTIMONY: New York dealer $1.08-$1.13 per lb. (Apr 14, 1988). BISMUTH: New York dealer $5.65-$5.80 per lb. (Apr 28, 1988). CADMIUM: New Yor…
News
Abbey encouraged by drill results
An intersection of 0.19 oz gold per ton over 14.9 ft was reported by Abbey Exploration (TSE) and its two partners from hole 88-4 on property in Guyanne Twp., in northwestern Quebec. Abbey’s joint-vent…
Kam-Kotia seeks new acquisitions
The transition of Kam-Kotia Mines (TSE) from a holding company into an operating company is under way, shareholders were informed at the annual meeting. In March of this year the company reached agree…
Galactic Crone Hill leach test negative
A production decision has been delayed at the Crone Hill property of Galactic Resources (TSE) and Quartz Mountain Gold (VSE) because of what they describe as “ambiguous metallurgical results on the he…
Vancouver Stock Exchange Good news from Ottawa for juniors
The federal government’s new exploration incentive program and the extension of the present earned depletion allowance for an extra six months is certainly good news for junior resource companies. The…
Windy Craggy encourages Geddes
Initial indications of “very encouraging” results are reported by Geddes Resources (TSE), from a 35,000-ft definition drilling program on its big Windy Craggy gold- copper-cobalt property in northwest…
Metal Prices FUTURES PRICES (May 09, 1988)
N.Y. Commodity Exchange Week’s High Low Close Change COPPER (in US cents per lb.) May 96.50 95.00 95.90 + 6.55 Jul 91.10 89.60 90…
Minefinders to earn 50% at Greenstone prospect
Minefinders Corporation (VSE) of Toronto says it has entered a joint venture agreement to explore and develop Greenstone Resources’ (TSE) Lada property near Chibougamau, Que. The 57-claim property is …
Spot prices at a glance (May 02, 1988)
Week’s Price (US) Change Gold (per oz) $449.10 — $ 8.90 Silver (per oz) $ 6.37 — $ 0.10 Platinum (per oz) $518.50 — $16.50 Copper (per lb) $ 0.97 — $ 0.03…
From the centre IDEAS THAT PAY
Editor’s note: The key operating people at any Canadian mine and mill were once concerned almost solely with meeting production quotas. Not anymore. At the better operations, getting more work out of …
Continuous mining
TUNNEL-BORER Following more than a year of discussions and planning, Falconbridge Ltd., Placer Dome and Boretec Inc. may be on the verge of launching a proposed $2-million venture to design and build …
Tantalum symposium
An international symposium on tantalum and niobium is being organized for Nov 7-9 at Orlando, Fla., by the Tantalum-Niobium International Study Centre. The centre reports the last symposium on tantalu…