Union backs dismissed Frood workers
The eight Inco Ltd. miners who were dismissed from the company’s Frood mine in Sudbury, Ont., for engaging in dangerous mining practices will not face charges under the Ontario Occupational Health and…
1988
Alberta Stock Exchange Traders like Conquest
Even in a week when investors seemed to have taken a Christmas break, some encouraging drill results from Conquest Yellowknife Resources’ Missanabie area gold bet, didn’t escape the attention of marke…
Editorial Western’s vote of confidence
Familiarity breeds contempt, according to the old adage. It often takes an objective “outsider” to recognize qualities that may be taken for granted by those who know a situation too well. So it see…
St Genevieve funding
Two private placements have been entered into by St. Genevieve Resources of Montreal to raise funds for exploration. One agreement is with E.M.Q. (1987) Mineral Exploration and Co., Ltd. Partnership w…
Valentine drilling B.C. gold prospect
A 20,000-ft drill program is under way on Valentine Gold Corp.’s Valentine Mountain gold project northwest of Sooke on Vancouver Island.
Drilling extends zones at Granges, MacMillan gold bet
Recent drilling at the Mishibishu Lake gold project in northwestern Ontario has extended the main ore zone to the northeast and northwest and also the west zone which is located 2,500 ft west of the m…
Amax, Canamax deal
A funding agreement has been completed in principle, between Canamax Resources and its major shareholder, Amax Gold. Under the deal, Amax will make available to Canamax a $10-million (US) revolving cr…
Metal Prices FREE MARKET (January 04, 1988)
London Metal Exchange Spot closing prices in Pound Sterling per tonne Date Dec. 15 Dec. 14 Dec. 11 Dec. 10 Dec. 9 Copper 1553-1558 1570-1580 1518-1522 1432-1433 1465-1470 Lea…
Montreal Exchange Investors on sidelines
The phrase “year-end holiday” seems to have been taken literally by investors on the Montreal Exchange, where daily trading volumes slowed almost to a trickle as the week wore on. Those investors that…
Tundra reserves exceed 25 million tons
A revised reserve figure has been calculated by partners Noranda Exploration (51%) and Getty Resources (49%) for their Tundra gold property located 130 miles northeast of Yellowknife, N.W.T. The new r…
Geochemical reports
Writing reports can be drudgery, and perhaps this is why reports are so often badly written, president Ian Thompson of the Association of Exploration Geochemists, (aeg), says in a preface to a new boo…
Newmont options Claude’s Ithingo
Newmont Mines has optioned the Ithingo Lake gold property from Claude Resources. Located in northern Saskatchewan, the Ithingo property was the site of a surface gold discovery made by Claude last fal…