Savanna drilling cuts sulphides, gold
In-fill drilling by Savanna Resources on the company’s Turner Albright massive sulpide deposit has cut wide sections of sulphide and gold mineralization. The property is located in Oregon. Hole 60 int…
News
Decline is completed at La Ronge Jolu bet
An underground decline has been completed at the Jolu property in the La Ronge area of Saskatchewan. Royex Gold Mining is operator for the joint venture which includes Canadian Premium Resource Corp. …
Energy to drill in Timmins area
A program of line-cutting, geophysical and first phase of a diamond drilling program is planned by Alberta-listed Energy International Overseas Corp. on its newly- acquired Bernier group of claims nea…
McFinley placement to raise $5 m
McFinley Red Lake Mines has entered into an agreement with Alexandra Mining, a private Bermuda-based company, for a private placement of McFinley shares. When completed, the deal will gross McFinley $…
Platinum seminar
The third international platinum seminar organized by Metal Bulletin and Futures & Options World will take place May 21 in London, England. Speakers confirmed for the seminar include Kevin Gribbons of…
United Keno has near-million loss in quarter
A loss of $961,000 or 30 cents a share is reported by United Keno Hill Mines for the 1987 first quarter. It compares with a loss of $697,000 or 24 cents a share in the similar period last year. The c…
Metal Prices FREE MARKET London Metal Exchange (May 04, 1987)
Spot closing prices in Pound Sterling per tonne Date April 28 April 27 April 24 April 23 April 22 Copper 894-896 880-881 870-871 877-878 897-898 Lead 386-387 373-…
LETTERS Subsidiary
Pamela Phillips’ article on the Ketza River property in the january is incorrect in its reference to the 20% net proceeds interest is held by Ketza River mines Ltd., a subsidiary of Conwest, rather th…
ON THE MOVE Schroeder Brothers Corp.
Albert Fages has been named product manager, filtration products, for Schroeder Brothers Corp., an American manufacturer of diagnostic and filtration products for hydraulic systems.
TECK CORP. 74 Years of Mining
Gold is becoming increasingly important to Teck Corp. bringing the company full circle to its early history as one of Canada’s largest gold mine operators. The “new” Teck emerged in 1963, the golden a…
TECH CORP. A Twist of Fate
People often assume porphyry copper deposits in British Columbia average less than half a percent copper. They sometimes throw in a little bit of molybdenum just for good measure. The situation is dif…
TECK CORP. Tie Breaker
When Teck Corp. put together an international consortium to buy a controlling interest in Cominco Ltd., it was not so much a story of David toppling Goliath as one of David simply looking out for his …