PRODUCER PRICES (November 02, 1987)
ALUMINUM: MW U.S. Market 85.00 cents -88.00 cents per lb. (Oct 22, 1987). ANTIMONY: New York dealer $1.10-$1.16 per lb. (Oct 8, 1987). BISMUTH: New York dealer $4.90-$5.00 per lb. (Oct 22, 1987). CAD…
News
American Ore’s Iskut River bets, show mineralization
Alberta-listed American Ore has reported a deficit of $9,390,795 for the six months ended June 30, compared with $8,049,966 during the same period last year. Revenues for the first six months of 1987 …
Metall Mining is shopping for polymetallic bargains
At a time when the recent stock market debacle has added to the list of available mineral properties in North America, a new player has joined the hunt for bargains. Armed with a war chest of approxim…
Galveston drilling
Drilling has commenced at Galveston Resources’ Murphy Lake mine in the Wawa area of Ontario. A minimum 20,000 ft of drilling is planned to block out reserves on the east and west zones. The first dril…
Editorial Conference on computers is a good move
The Canadian Advisory Committee on Mining Automation, under chairman Jacques Nantel of Noranda, last week in Sudbury approved plans for the Third Canadian Symposium on Mining Automation. It will be he…
Editorial IRA’s shadow over gold
The Irish Republican Army casts a long shadow — even over a possible new Irish gold mine. A Dublin-based company, Ennex International (in which Toronto’s Northgate Exploration has a 15% direct and …
Radcliffe and City in Graham venture
Vancouver-based Radcliffe Resources has concluded a joint venture agreement with City Resources involving Radcliffe’s Graham property on British Columbia’s Charlotte Islands. The Radcliffe property is…
Carlson drilling expands zone at Hemlo property (November 02, 1987)
Carlson Mines and partner Black Gregor Explorations have received some encouraging results from exploration at their Hemlo gold property north of Marathon, Ont. Located 12 miles northwest of the Lac-N…
Bureaucrats, academics, miners grapple with automation issue
“Is there anyone here who doubts there will a completely automated mine, somewhere in the world, in the near future?” panel member Ronald Woodbridge asked the 170 attendees of the second Canadian Symp…
Alberta Stock Exchange Argus bucks trend
Even in the midst of a market downturn, nothing makes investors sit up and take notice like a new gold discovery. That was proven this week when a little-known oil and gas explorer called Argus Resour…
Alaska Apollo retains Kilborn on Alaska bet
Alaska Apollo Gold Mines reports it has retained Kilborn Engineering to review exploration results and ore reserve calculations at its Shumagin property on Unga Island, Alaska. John Bogert, president …
Tailings projects highlight Pamour’s $100-million plans
The Pamour Group of companies — Giant Yellowknife Mines, operator of five mines in Timmins and one in Yellowknife; ERG Resources, operator of a tailings retreatment project in Timmins; and Pamorex In…