1988

N.Y. Commodity Exchange Week’s High Low Close Change COPPER (in US cents per lb.) Oct 116.40 115.35 116.80 4.95 Dec 108.50 105.90 108.25 4.65 Mar 98.80 …

Toronto-based Exall Resources’ (TSE) wholly-owned Gold Eagle property in near Red Lake, Ont. has been earmarked for a 20,000-ft drill program, the Denison Mines (TSE) affiliate said recently. The form…

Mine tailings that are dumped Minto lakes and other bodies Mof water are sometimes viewed with suspicion. Many people worry that the tailings contaminate drinking water. But studies done by Prof Thoma…

Utah-based Gold Standard has signed a joint venture agreement to explore its San Juan Hills gold property in Uruguay. Gold Standard is embarking on the joint venture with Compania Mineral San Jose S.A…

Then comes the interesting part * * * an estimate will be made of what the annual revenue from a mine will be during production to pay for preproduction capital costs. This requires a forecast of what…

Some impressive assay results were reported by Catear Resources (VSE) from underground stope sampling at its Goldwedge property north of Stewart, B.C. The company is now processing low grade material …

The Stirling Mine in Nevada produced some 5,906 oz of gold druing the first six months of 1988, but 52%-owner Cathedral Gold Corp. (TSE) says it has reduced the 1988 production estimates downward from…

A drill program has been completed by Cross Lake Minerals (VSE) on the company’s Red Cross Lake property in Manitoba. The 6-hole program tested an iron formation unit with characteristics similar to t…

Paymaster Consolidated is crosscutting through high-grade ore in the new No. 24 vein on the 2,075-ft. level at the No. 3 winze, The Northern Miner can announce. At presstime, the west wall of the cros…

Once known as John F. Kennedy’s campaign song, the words of that popular tune from the 1960s mirrors the hopeful expectations of every mining company. Armed with a positive feasibility study, more tha…

The following is taken from Starrex Mining Corporation’s shareholder report for the 6-months ended June 30 as an example of how a mining project can work out. Other partners in the mine are Saskatchew…

“Why,” asks a thoughtful subscriber, “do not Canadian banks employ mining engineers?” Why not, indeed? Perhaps some of them do, although the fact is not publicized. However, employment of experts in m…