1988


Obituary Murdock C. Mosher

Murdock Charles Mosher, one of Canada’s best known prospectors, died Sept 6 at Centenary Hospital in Scarborough, Ont. He was 85. Born in Wine Harbour, N.S., “Murdie” was one of three brothers who sco…


First Idaho moves ahead at Montana leach property

Development work is under way at the San Francisco gold property near Philipsburg, Mont., First Idaho Resources (VSE) said recently. First Idaho’s U.S. subsidiary Grand Trunk Resources, holds a 50% in…


Orion start-up costs cut Malartic earnings

Start up costs at Malartic Hygrade’s (VSE) Orion gold mine near Val d’Or, Que., and an unrealized U.S. dollar exchange loss, reduced the company’s earnings during the first half of 1988, Malartic anno…


Metal Prices PRODUCER PRICES (September 12, 1988)

ALUMINUM: MW U.S. Market $1.27-$1.29 per lb. (Aug 25, 1988). ANTIMONY: New York dealer $1.05-$1.10 per lb. (Aug 25, 1988). BISMUTH: New York dealer $6.10-$6.15 per lb. (Aug 25, 1988). CADMIUM: New Yor…


Echo completes Cameron Lake study

Echo Bay Mines (TSE) is still tallying up the results of a feasibility study on Nuinsco Resources’ (TSE) Cameron Lake gold property in northwestern Ontario. But Nuinsco President Doug Hume said he exp…



Hycroft Reports Revenue from Nevada Mines

With two heap leach gold mines in Nevada now in production, Hycroft Resources & Development (VSE) reported an operating profit of $2,397,071 and a net loss of $1,462,268 (or 11 cents a share) for the…


Central Crude’s Mishibishu find ignites interest

Important looking ore findings on the Eagle River gold property of Central Crude Ltd. (VSE) are igniting exploration interest in the Mishibishu area just 30 miles west of here. Until recently a relati…


New Pamour boss named

The Pamour group of companies has a new chief executive officer. An Australian, Adrian Fleming, will move over from his position as executive director exploration of parent firm Giant Resources to ass…


News in Briefs

Spirit Lake Explorations (ME) has completed flow-through financing totalling $1.2 million with NIM Resources at a price of $3.93 per share, subject to shareholders approval. These funds will be spent …


MAS vows to delist Steep Rock shares

After being taken over by a subsidiary of Swiss calcium producer Pleuss-Staufer AG, Toronto-based Steep Rock Resources (TSE) is scheduled to be delisted. MAS Minerals recently purchased over 90% of St…


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