1989

Concerns about the relatively low share price of Pamorex Minerals (TSE) were voiced by a couple of shareholders at the company’s recent annual meeting. Pamorex is the exploration arm of the Pamour gro…

Nominations have been received and the selection committee of the Canadian Mining Hall of Fame (CMHF) is busy working to select the eight inductees who will be honored in the second round of induction…

Sikaman Gold Resources (TSE) has made a wollastonite find during the course of gold exploration on its Gilbert property in Nevada. Prospecting has identified three zones, the largest of which strikes …

ALUMINUM: MW U.S. Market US79.00 cents – 79.50 cents per lb. (Sept 28, 1989). ANTIMONY: New York dealer US94 cents -98 cents per lb. (Sept 14, 1989). BISMUTH: New York dealer $4.80-$4.90(US) per lb. …

Drilling will soon be under way by High Frontier Resources (VSE) on one of eight properties in Louvicourt Twp., Que., the company has optioned from Beaufield Resources (TSE). The properties are near t…

The first results from a drill program currently under way on Bonanza Metals’ (ASE) Poirier zinc- copper property near Joutel, Que., include a 20-ft (6.1 m) intersection grading 4% zinc, along with su…

Assay results from the first four holes on Windy Mountain Explorations’ (COATS) MacLeod Lake property in northern Quebec include 29.1 metres grading 1.49% copper and 0.08% molybdenum. The property is …

Gold production is up and costs have been reduced at the Johnny Mountain gold mine in the Iskut River region of northwestern British Columbia. Skyline Gold (TSE) said production costs at its 100%-owne…

Despite record gold production of 29,248 oz, Glamis Gold (TSE) reported a net loss of $5.2 million or 32 cents per share on revenues of $14.05 million for its 1989 fiscal year ended June 30. In its p…

Metal prices gained but the all- commodity price index of Scotiabank slipped 0.2% in August from the previous month. It was the seventh consecutive monthly decline for the over-all index. The gain (2….

A summer exploration program on Hidden Lake Gold Mines’ (VSE) Wheeler Lake property in the Northwest Territories has detected at least six gold showings along a 7-mile stretch of iron formation rocks….

The market continued its retreat again this week, with the VSE Index off a further 4.38 points to 779.09 at presstime. Brokers say trading remains sluggish, with 9.7 million shares valued at $11.3 mil…