1988


Editorial Corporate giving not just a frill

Placer Dome, now in the major ranks of Canadian mining companies, the other day pledged to give $500,000 toward a $34- million campaign fund for a major hospital in Toronto, the funds to be used for t…


Montreal Exchange Final Eastmain study

Encouraging news from northern Quebec has partners Placer Dome and MSV Resources about to undertake a final feasibility study on the Eastmain gold project, which could be put into production by late 1…



Require more registrants, conference organizers say

Canadian organizers of an international conference on hoisting, to be held in Toronto next month, are disappointed by the number of advance bookings they have received from mining companies in Canada….



Metal Prices PRODUCER PRICES (May 23, 1988)

ALUMINUM: MW U.S. Market $1.08-$1.11 per lb. (May 5, 1988). ANTIMONY: New York dealer $1.08-$1.13 per lb. (Apr 14, 1988). BISMUTH: New York dealer $5.60-$5.75 per lb. (May 5, 1988). CADMIUM: New York …


Kerr spurns acquisitions in favor of development

In a bid to expand its existing assets to at least six operating mines, Kerr Addison Mines (TSE) of Toronto is planning to spend $70 million over the next two years on an ambitious development program…


Starrex recovers mine investment

All capital investments of Starrex Mining (TSE) in the Star Lake gold mine in northern Saskatchewan have been recovered and a 35% participating interest has reverted to Starrex, the company reports. S…


Acadia/Hecla deal signed

An agreement between Toronto- listed Acadia Mineral Ventures and the Canadian subsidiary of Idaho- based Hecla Mining was signed this week. Over the next three years, the agreement could give Acadia a…


Queries Kodiak no longer at Copperkettle Creek

It is my understanding that there is a lot of prospecting going on in the Copperkettle Creek area near Greenwood, B.C. As a former shareholder in Kodiak Minerals, I would like to know whether Kodiak…


Correction (May 23, 1988)

A story in the May 9 issue describing the Simkar gold project near Val d’Or, Que. failed to mention the company which holds the ground in which Ronrico Explorations has earned a 25% interest. The pro…


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