1987

Editorial Mining like shovelling snow?

Just when we thought the Mining Association of Canada was winning its battle of informing and educating our elected representatives in Ottawa, this gem comes across our desk: “Extracting minerals fr…


Promising Moneta results

A 14,000-ft reconnaissance drill program has outlined two zones of gold mineralization, Moneta Porcupine Mines says. The work was completed on the company’s 100%- owned property in Michaud Twp., Ont. …


Heap leach paying off for Grandview

The economy of California is larger than many industrialized nations including Canada’s. And in recent years, gold mining has once again become an integral part of the state economy which for a time …


Montreal Exchange Barexor issues popular

Trading more than 1.7 million shares on the Montreal Exchange this week was Barexor Minerals, the activity attributed by a spokesman mainly to the naming of a new president of the company. Barexor, wh…


Tyler trades on TSE

The shares of Calgary-based Tyler Resources began trading on the Toronto Stock Exchange under the stock symbol “tys” effective April 28. The original listing is in the mining category for 6,674,833 co…


Goldcorp to enter gold bullion loan business

In a bid to lower the perennial discount evident in all gold funds, Goldcorp Investments plans to add more lustre to the fund by arranging gold bullion loans. The move is designed to use a portion of …


Ore body extended by Golden Hope, Golden Group

Recent drill results from the Estrades property in northwestern Quebec have “extended the main orebody laterally while concurrently establishing better continuity within the sulphides and gold deposit…


Metal Prices PRODUCER PRICES (May 11, 1987)

ALUMINUM: MW U.S. Market 65.00 cents -66.50 cents per lb. (Apr 23, 1987). ANTIMONY: New York dealer $1.15-$1.20 per lb. (Apr 23, 1987). BISMUTH: New York dealer $2.70-$2.85 per lb. (Apr 23, 1987). CAD…


Copper seminars

Toronto’s Four Seasons Hotel on Avenue Rd. will be the site June 15-16 of the American Copper Council’s two educational seminars, Copper 101 and Copper 201. Featured speaker for the program will be Si…


Alberta Stock Exchange Cdn. Gold up on deal

Volume leader, Canadian Gold Resources continued to advance, adding another 20 cents to $2.10. Gold intersections reported from the company’s Dik-Dik property near Geraldton, Ont., were encouraging, …


Barrick drilling hot at Goldstrike

Deep drilling at the Goldstrike property in the Carlin gold belt area of Nevada by operator American Barrick Resources continues to produce significant results. Six holes have been completed since tha…


Aussies give Cdn junior a facelift

Shareholders of Vancouver-listed Consolidated Reactor Uranium Mines have approved the take-over of their inactive, indebted company by Mineral Commodities Limited Group (mclg), formerly Woodsreef Mine…


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