General News & Comment (March 14, 1988)
The 1988 silver commemorative dollar from the Royal Canadian Mint salutes the 250th anniversary of the Quebec-based Saint-Maurice Ironworks, Canada’s first industrial refinery, which began operating i…
News
Imperial Metals active on many exploration fronts
Since spinning off its gold assets into Cathedral Gold, a Toronto-listed 22%-owned subsidiary, Imperial Metals has had exciting exploration results. Highlighted in its 9-month interim report is the St…
Cominco expands output capacity for minor metals
With a $2.3- million indium project and a $5.8- million germanium recovery project under way in Trail, Cominco Ltd. is set to become the lowest- cost world producer of the two strategic metals by year…
Metal Prices FREE MARKET (March 14, 1988)
London Metal Exchange Spot closing prices in Pound Sterling per tonne Date Mar. 8 Mar. 7 Mar. 4 Mar. 3 Mar. 2 Copper 1263-1265 1273-1278 1265-1267 1259-1261 1252…
Rhodes-Noranda get mixed drill results (March 14, 1988)
A $750,000 exploration program carried out by Noranda Exploration and Golden Princess Mining on the Offsets prospect near Timmins, Ont., has returned encouraging gold values. Noranda, as operator, com…
Editorial Free-trade opponents
Opposition to the proposed Canada-U.S. free trade agreement has recently been coming largely from south of the border while opponents in Canada have been uncharacteristically quiet. The most recent …
Partners dispute holds up work on DOC gold-silver bet
A dispute between joint venture partners Magna Ventures and Silver Princess Resources is holding up work on the Doc gold-silver claim group in the Sulphurets belt near Stewart, B.C. At issue, accordin…
Mining must adapt to stay competitive, banker says
Mining, like other industries in Canada, must change with the times to remain competitive, the chairman of the Bank of Montreal said at the 56th annual convention of the Prospectors and Developers Ass…
Quebec charges Noranda of violating pollution law
The Quebec government has charged Noranda Minerals with three counts of violating provincial air pollution laws. The charges allege that the company’s Horne copper smelter in Rouyn-Noranda, Que., emit…
First bulk test on Fontana bet
Bay Resources & Services, a company controlled by St. Genevieve Resources of Montreal, and joint- venture partners Stratmin Inc. and Jilby Industries, both of which have been recently listed in Montre…
Books (March 14, 1988)
A Directory of Active Mines in Arizona and a Map of Active Mines in Arizona, published by Arizona Department of Mines and Mineral Resources. The 16-page directory lists 53 companies, including mine, m…
Chesbar starts ramp extension
A 2,000-ft ramp extension program is under way at the Chester Twp. gold project in northern Ontario that will provide access to the 300-ft, 400-ft and 500-ft levels for underground exploration, Chesba…