1988


PRODUCER PRICES (June 13, 1988)

ALUMINUM: MW U.S. Market $1.19-$1.23 per lb. (May 26, 1988). ANTIMONY: New York dealer $1.08-$1.13 per lb. (Apr 14, 1988). BISMUTH: New York dealer $5.55-$5.70 per lb. (May 12, 1988). CADMIUM: New Yor…


Hot spots are Flin Flon, Snow Lake

As indicated by the number of companies clustered around the Snow Lake area northwest of Lake Winnipeg, in Manitoba there is only one place to be. While government records show that eight other explor…




Juniors team with seniors

Following the stock market crash of 1987, a flurry of dealing has characterized the Canadian mining industry. Junior explorers, hurt by the market crash, low share prices and rarely beneficiaries of a…


Oz and Norwood active at Forsan

A conservative estimate of reserves at the Forsan gold deposit located southeast of Val d’Or, Que., indicates 311,431 tons grading 0.14 oz gold per ton, Oz Exploration (ME) and Norwood Exploration (ME…


Editorial Canadians shine in U.S. gold race

Because gold mining has once again become a highly profitable business — and with strong evidence that its price will at least hold to around today’s rewarding levels — a worldwide search for this l…


Deep drilling in Nevada stops short for Rayrock

Rayrock Yellowknife Resources (TSE) has turned to a geophysical exploration program on the Dee property in search of further drill targets after deep drilling below the existing open pit gold mine fai…


Small mine raises big hopes for northern Sask.

Joan Duncan, the new Minister of Northern Affairs, is no stranger to the healing power of gold. As a pharmacist in Maple Creek, Sask., Duncan prepared gold compounds as a treatment for arthritis. And …



Australian conference draws 1,300

The conference Bicentennial Gold 88 held in Melbourne, Australia, May 14-19 brought together some 1,300 geologists, geochemists and geophysicists from 40 countries and a strong delegation from nine Ca…


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