People LOUISIANA LAND AND EXPLORATION
Carlisle Trost elected director.
News
Michigan copper area ripe for revival
Looking around this small town and the others that surround it, one gets a feel for the cyclical nature of the metals mining industry. Remnants and reminders of the pre-1970s glory days — copper ligh…
PROFILE Boivin hitches La Sarre’s fortune to meteorite hit
About 300 km north of Baie Comeau, Que., lies the Manicouagan basin, which shows good potential for base metal mineralization. Earlier this year, La Sarre Mining Exploration acquired 216 claims in the…
Cambior drills 27,300 ft on Golden Star’s Omai bet
After completing 27,300 ft. of drilling on the Omai gold project in Guyana, joint venture partners Cambior Resources (TSE) and Golden Star Resources (TSE) have defined minable reserves of 52.4 million…
Breakwater suspends mining at El Mochito
Mechanical problems at the El Mochito polymetallic mine in Honduras have forced operator Breakwater Resources (TSE) to temporarily suspend operations until repairs can be completed. The company expect…
Inco taking gold operations public via TVX merger
Nickel producer Inco (TSE) is making good on a promise to go public with its gold-mining operations by merging its wholly owned unit Inco Gold with producer Consolidated TVX Mining (TSE). The new comp…
Ontario mining `a driving force’
It is with pleasure and humility that I introduce myself to Ontario’s mining community as the new minister of mines. Every member of this important community, be they prospectors, developers, managers…
People MAJOR GENERAL RESOURCES
Richard Atkinson appointed director and chairman of the board.
NovaGold, Costigan hit base metals in virgin territory
Partners NovaGold Resources (TSE) and Costigan Gold (COATS) have made a base metal discovery on their Sewell Brook property, near Plaster Rock, N.B. All four holes on the previously undrilled property…
Toronto Stock Exchange Indices (October 29, 1990)
Oct. 23 Oct. 22 Oct. 19 Oct. 18 Oct. 17 HIGH LOW Composite “300”3123.02 3115.45 3086.64 3060.02 3023.38 4009.47 3009.91 Metals & Minerals2729.86 2747.52 2714.91 2650.29 2598.61 3453.06 2587.95 Integra…
PRODUCER PRICES (October 29, 1990)
ALUMINUM: MW U.S. Market US81.50- 85.50 cents per lb. (Oct. 18, 1990). ANTIMONY: New York dealer US80-83 cents per lb. (Sep. 6, 1990). BISMUTH: New York dealer US$2.80-2.90 per lb. (Sep. 13, 1990). CA…
Waddy drilling gets good widths, at Saskatchewan gold deposit
Preliminary assays have been reported by Waddy Lake Resources (TSE) from the first 14 holes in a recently completed 29-hole drill program on the company’s Komis gold deposit in northern Saskatchewan. …