1988

Geodimeter of Canada has fully automated the monitoring of walls in open-pit mines. The company’s total station survey system, the AGA 710, which is used for monitoring the structural stability of pit…

N.Y. Commodity Exchange Week’s High Low Close Change COPPER (in US cents per lb.) May 90.05 88.50 89.35 — 5.55 Jun 89.00 89.00 …

Ontario Ministry of Northern Development and Mines — John B. Gammon appointed director, mineral development and lands branch; Andrew J. Freyman, senior policy advisor.

A new copper, zinc and silver zone has been discovered in Quebec’s Casa Berardi area, Golden Briar Mines (ME) reports. The discovery is located in an optioned 18-claim area adjoining the southern boun…

Metall Mining (TSE) benefited from strong metal prices in the last quarter of 1987 to post net income of $17.3 million or 46 cents per share for the nine months ended Dec 31. That includes extraordina…

A $2-million surface drilling program is planned this year by Dolphin Explorations (VSE) for its Cape Ray gold property in southwest Newfoundland. Planned by the company, which is 44% owned by Interna…

Exploration work completed by partners Quinterra Resources (TSE) and Pure Gold Resources (TSE) on the Central Patricia property near Pickle Lake, Ont., has returned strong gold values from the Springe…

Last year marked a turning point for Cassiar Mining (TSE) which reported net earnings of $3.7 million and announced plans to develop the McDame asbestos deposit near its existing open pit mining opera…

Barron Hunter Hargrave — J. Hargrave sold 35,000 to hold 4,777,200. Black Hawk — S. Dattels sold 725,000 to hold nil. Canacord — L. McCarthy sold 40,500 to hold 171,200. Canamax — Amax Gold (Can) …

I don’t know how often I’ve heard this, but it’s certainly been often enough I and in so many different contexts that for a time I came to consider it only a comfortable cliche — one of those sayings…

Several more high grade drill intersections have been reported from Newhawk Gold Mines’ (VSE) Sulphurets property north of Stewart, B.C. Sectional drilling was recently completed on eight new sections…

When an announcement that a crosscut has encountered a 52-ft orebody, assaying $11 in gold, fails to stir prices of gold mining shares, traders and the public may be excused for wondering, What’s wron…