Taywin encouraged by gold-silver assays
On the basis of exploration results obtained this fall, Taywin Resources plans further tests on several targets at its Electrum gold-silver prospect on Vancouver Island. Taywin has a 55% interest in t…
News
Metal Prices FREEMARKET (January 04, 1988)
London Metal Exchange Spot closing prices in Pound Sterling per tonne Date Dec. 15 Dec. 14 Dec. 11 Dec. 10 Dec. 9 Copper 1553-1558 1570-1580 1518-1522 1432-1433 1465-1470 Lead …
Metal Prices FUTURES PRICES (January 04, 1988)
N.Y. Commodity Exchange Week’s High Low Close Change COPPER (in US cents per lb.) Jan 140.00 138.00 136.35 — Mar 123.40 121.90 123.00 + 5.10 May 106.1…
Eastfield drilling results encourageing
A diamond drill program at Eastfield Resources’ Indata project north of Fort St. James, B.C., has returned some encouraging results, the company confirms. The October drill program intersected a miner…
Coldspring starts Costa Rica production
Gold production started late in October at Coldspring Resources’ placer gold mine in the Osa area of Costa Rica. The company is processing 1,000 yd per day and expects to double this by spring. Gold o…
Metal Prices PRODUCER PRICES (January 04, 1988)
ALUMINUM: MW U.S. Market 86.00 cents -88.00 cents per lb. (Dec 22, 1987). ANTIMONY: New York dealer $1.12-$1.16 per lb. (Dec 10, 1987). BISMUTH: New York dealer $4.70-$4.80 per lb. (Nov 19, 1987). CA…
Golden Hat drilling at Dunkin property
A drilling program was recently started on the Dunkin mine gold property located 40 miles northeast of Red Lake in northwestern Ontario, Golden Hat Resources of Winnipeg reports. Underground developme…
Galactic’s Summitville shuts down for winter
Pit operations and ore production at Galactic Resources, Summitville mine in the San Juan mountain range of Colorado have closed down for the winter, the company said recently. During November, the mi…
New look for Falconbridge
Heading in 1988 into its 60th year of life, Falconbridge Ltd has taken on a new look just over the past year or so. It’s a new look that’s been structured largely by Chairman William James, chief arch…
Vauquelin completes 49th drilling hole
The 49th hole of an on-going drilling program on gold property in Vauquelin Twp. in the Val d’Or, Que., area was recently completed, Vauquelin Mines reports. Among the better results to date are the f…
Jonpol joint venture shows good values
A joint venture consisting of Jonpol Explorations, T & H Resources and Vancouver- based Coastoro Resources recently encountered some impressive gold values on their Garrison, Twp. property near Kirkla…
Union backs dismissed Frood workers
The eight Inco Ltd. miners who were dismissed from the company’s Frood mine in Sudbury, Ont., for engaging in dangerous mining practices will not face charges under the Ontario Occupational Health and…