Dome Sweet Dome FIVE ON THE WAY
Placer Dome takes a back seat to no one when it comes to finding and building new mines. In Canada, the company is evaluating three potential producers: the Eastmain project, 185 miles northeast of C…
1988
Minnova’s Ansil to produce by first quarter of ’89
In a recent announcement that should have surprised no one, Minnova Inc. of Toronto said it will put its massive sulphide Ansil copper project in northwestern Quebec into production, with start-up exp…
Vancouver Stock Exchange Gold firms as market hibernates
With spring officially here you’d think the market would come out of hibernation but it hasn’t. Realistically, however, there’s no good reason why it should. Although gold prices have firmed lately, N…
Montreal Exchange Elder bulk sample
Commencement of a $7.8-million program to remove a bulk sample from the Elder gold project near Rouyn-Noranda, Que., has been announced by partners Aunore Resources, which closed unchanged at 95 cents…
Pacific Trans gets loan
An $8.8-million(US) gold loan has been completed by Pacific Trans-Ocean Resources with Lloyds Bank Plc. The financing will cover funding for the Ketza River gold mine development under way in the Yuko…
Rayrock delay in drilling Carlin may be blessing
It could be several weeks yet before Rayrock Yellowknife Resources, as operator of the Dee Gold project in Nevada, commences the deep drilling program from its open pit at the north end of the prolifi…
Toronto Stock Exchange Soaring nickel sparks Inco, Falconbridge
Nickel, the metal which no one wanted during most of the 1980s, can’t be had today. As a result, several records were set as the nickel price rally, which started at the beginning of the year, explode…
Nickel prices flying high
Demand for nickel in a period of tight supply is driving the price of the base metal sky-high. The spot price for nickel on the London Metal Exchange (lme) had risen to the $8.70(US)-per-lb range at p…
New Ego zone
A new gold zone has been uncovered by Ego Resources of Toronto on its Goudreau gold property near Wawa, Ont., the company reports. To date, 26 holes have intersected a gold-bearing shear zone which ha…
Carlin drill rig shortage delays Skylark’s Pan plans
Partners Skylark Resources and Pic Prospectors International say deep drilling will not begin at the Pan property at Carlin, Nev., until mid-April. The program was originally scheduled to begin this m…
Editorial Brokers turn to COIN
Stock brokers see their job as one of bringing together buyers and sellers of securities for their mutual benefit. For their services, brokers have traditionally received a handsome fee. But times a…
Gold Wind on ME
A junior mining firm incorporated in 1985, Exploration Vent d’Or (Gold Wind Exploration) of Val d’Or, Que., was recently listed for trading on the Montreal Exchange (symbol von). The company was origi…