Roddy Res. getting Bighorn into shape
Plans to put the Bighorn project in Arizona back on track are progressing slowly but steadily, says Roddy Resources President Steven Harapiak. “We’re methodically clearing out the problems,” at the he…
1988
Canada’s richest gold mine seeks new manager for next 18 years
If it isn’t doing so already, Placer Dome Inc. (TSE) will soon be looking around for a person to replace Stewart Reid, manager of the Campbell mine at Balmertown, Ont. After 12 years at the helm of Ca…
Nerco Venture
Diversifying its interests outside of North America, Nerco Minerals, a subsidiary of Nerco Inc, has entered into two joint venture agreements which will see it explore for minerals in the prolific Kal…
Glen Auden grabs yield high grade
Several high grade gold showings have been discovered by Glen Auden Resources (TSE) on the company’s Sewell-Reeves property near Timmins, Ont. Channel samples across a 3.3-ft width yielded assays up t…
Seabright feasibility
A preliminary feasibility study is being completed by Seabright Explorations (TSE) on the company’s Touquoy gold property in Nova Scotia. A 20,000-ton bulk sample is also being mined which will be pro…
Base metal potential at Cobalt silver mine
Joint venture partners Silverside Resources (TSE) and International Platinum Corp. (TSE) have an- nounced a base metal discovery on their 520 acre silver property located northeast of Cobalt, Ont. The…
People (October 17, 1988)
Well-known Canadian geologist Steven Scott has been appointed Chairman of the Geological Engineering division at the University of Toronto. A professor of geology at the University of Toronto, Dr Scot…
Kewagama raises exploration funds
A flow-through financing agreement worth $435,000 has been reached between Kewagama Gold Mines (Quebec) (ME) and CMP 1988 III Resource Partnership and Co., Ltd. Under the agreement, shares will be iss…
Metals Page: Platinum demand to outstrip supply to ’93
Looking into the future, Johnson Matthey, the large refiner and supplier of platinum group metals, says demand for platinum will continue to put pressure on the supply of newly-mined metal during the …
Metal Prices (October 17, 1988)
FREE MARKET London Metal Exchange Spot closing prices in Pound Sterling per tonne, except zinc and nickel ($US per tonne) Date Oct 11 Oct 10 Oct 7 Oct 6 Oct 5 Copper N/A …
Mine production satisfies 66% of world gold demand
While gold production from mines in the non-Communist world will total 53.5 million oz by 1991, there won’t be enough of the metal to satisfy demand. In fact, the Gold Institute of Washington, D.C., r…
Reserve Estimate Being Compiled For Colony’s Blue Moon Project
A detailed ore reserve estimate is being compiled by the mining consulting firm of Derry, Michener, Booth and Wahl on the Blue Moon polymetallic deposit in California, owned 100% by Colony Pacific Exp…