Nickel price won’t sway Que. Raglan
If the shareholders of New Quebec Raglan Mines (TSE) were hoping that a sudden upsurge in nickel prices would encourage the company to harness its huge nickel deposit at Ungava, Que., they came away f…
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Editorial Common sense may yet win out
It’s sometimes difficult to separate reality from wishful thinking when it comes to judging the success of the mineral exploration industry’s campaign to save flow-through financing. The issue itsel…
50 years ago MAY, 1938 LUCKY-KIRKLAND HAS GOOD HOLE
Excellent values have been secured in the No. 6 drill hole at the former property of Baldwin Kirkland, now operated by Lucky-Kirkland Gold Mines, S. L. Macdonald tells The Northern Miner. The drill cu…
Westfield, Goldbrae outline Flin Flon metal deposit
Westfield Minerals (TSE) says a small geological deposit of about 200,000 tons with economic grades of copper, zinc, silver and gold has been outlined on the Big Island Lake property near Flin Flon, M…
Galactic finances Ridgeway project
Vancouver-based Galactic Resources (TSE) and partner BP Minerals America have successfully negotiated a $56-million(US) gold loan to finance construction of the Ridgeway gold mine, at Ridgeway, S.C. T…
Dutch Creek core returns gold values
Some encouraging gold intersections have been returned from Dutch Creek Resources’ (VSE) Wisconsin property near Nelson, B.C. The company says that recent exploration work “encountered at depth the wi…
MSV, Placer pull rich core sample
Results from a drill hole on the Eastmain gold project in northern Quebec have management at MSV Resources (ME) and Placer Dome (TSE) smiling. Assays from hole 332-45 over a 32.6-ft length revealed an…
What’s New AUTOMATED SURVEYING
Geodimeter of Canada has fully automated the monitoring of walls in open-pit mines. The company’s total station survey system, the AGA 710, which is used for monitoring the structural stability of pit…
Metal Prices FUTURES PRICES (May 02, 1988)
N.Y. Commodity Exchange Week’s High Low Close Change COPPER (in US cents per lb.) May 90.05 88.50 89.35 — 5.55 Jun 89.00 89.00 …
Dolphin to spend $2 million on Cape Ray drill program
A $2-million surface drilling program is planned this year by Dolphin Explorations (VSE) for its Cape Ray gold property in southwest Newfoundland. Planned by the company, which is 44% owned by Interna…
50 years ago MAY, 1938 WHY DOESN’T THE MARKET MOVE?
When an announcement that a crosscut has encountered a 52-ft orebody, assaying $11 in gold, fails to stir prices of gold mining shares, traders and the public may be excused for wondering, What’s wron…
Metal Prices FREE MARKET (May 02, 1988)
London Metal Exchange Spot closing prices in Pound Sterling per tonne Date Apr. 26 Apr. 25 Apr. 22 Apr. 21 Apr. 20 Copper 1080-1190 1095-1105 1167-1168 1170-118…