Atlantic Report Midas invades Nova Scotia
A relative newcomer to Nova Scotia gold action is Midas Minerals. President Karl Skobe has said that although the company is based in Toronto, its largest investor base is in the Sudbury area of Ontar…
News
Other factors could push gold price despite stronger U.S. dollar
Gold has tumbled sharply in recent days. The absence of any obvious inflationary pressure in the U.S., a firmer U.S. dollar and the market’s perception that the U.S. economy may be slipping into reces…
Britannia Mines – Canada’s largest museum artifact
A heritage resource — what does it mean? To most people “heritage” means a birthright, a tradition, culture or characteristic inherited from the past. Why preserve the Britannia Mines, and specifical…
Harker-Holloway area continues to draw exploration activity
A spate of new gold discoveries made last year and construction of a new mine continue to stimulate a record amount of exploration in the Harker-Holloway area extending for 35 miles from Matheson, Ont…
Dividend Brief
Denison Mines has declared a stock dividend equivalent to 25 cents on its class A and B shares payable in the form of class B shares on Mar 11 to shareholders of record Mar 9. A cash dividend was last…
Much of Carlin financing being done by Vancouver juniors
Most gold deposits in Nevada’s Carlin trend are associated with north-south-trending normal faults in both upper and lower plate rocks adjacent to the Roberts Mountain thrust fault. In recent years, h…
Books (March 07, 1988)
Atomic Energy Canada Limited by George Lermer. 75 pages, Cat. No: EC22-145-1987E, ISBN 0-660- 12553-6. $8.95(C); other countries $10.75(C). Canadian Government Publishing Centre, Ottawa, Ont. K1A OS9….
Metal Snips (March 07, 1988)
Eight metals — nickel, gold, silver, zinc, lead, copper, iron and molybdenum — accounted for about 94% of the total $7.5 billion value of the more than two dozen metals (excluding uranium) produced …
Cullaton Lake: crisis after crisis
On a fall day in 1960, two prospectors were tracking an iron formation through dense, soupy fog on the undulating barren lands near Henik Lakes in the Northwest Territories, about 200 km inland from E…
Recent Carlin successes could be Nevada’s greatest ‘jackpots’
As one of the world’s gambling capitals, Nevada has always been a kind of mecca for thousands of would-be millionaires hoping to make a fortune on the slot machines and blackjack tables. But as indica…
Coxheath plans Tangier production
Another gold property in Halifax Cty., N.S. will likely start pouring gold at a commercial rate July 1, 1988. Toronto-listed Coxheath Gold Holdings announced at its annual meeting in Halifax this week…
Ashton options Freewest platinum property
Australian mining company Ashton Operations Inc., an affiliate of Ashton Mining Ltd., has acquired an option to earn an interest in claims held by Freewest Resources. Ashton can earn a 65% interest in…