Safest mines honored
The Mines Accident Prevention Association of Ontario has made its 1988 awards to the province’s safest mines. Falconbridge Ltd.’s Sudbury operation won for the safest underground mine employing more t…
News
Gold funds as of July 25
MPV BGR Central Capital Net value $11.96 $ 6.01 $0.57 Price $10.125 $ 5.62 $0.33 Discount 15.34% 6.4% 42% Value $71,186,209 $101,248,732 N/A…
Market downturn taking toll on Yukon exploration Special to The
This time last summer, helicopters were buzzing geologists in and out of a myriad of isolated mining exploration camps. It was a regular boom. Now, many of those camps are empty and fewer people are w…
Mine rescue champs photo
The team from Afton Operating Corp. won the recent provincial mine rescue competition in Prince George, B.C. The winners are: (back row l to r) Doug Birkenhead, Brian Hurren, Mike Logan, Arne Von Mayd…
Report from Australia Uranium policy review
It seems that the anti-uranium wing of Australia’s governing party has again succeeded in delaying any change in the current restrictive policy on uranium mining. A special Labour Party committee was …
Aussie platinum coin sold out worldwide
GoldCorp Australia says that the first proof issue of The Australian Koala platinum coins have been sold out worldwide. The mintage, which was limited to 6,000 oz of 0.5-oz 0.9995% pure coins, was lau…
Queries Pelangio-Larder is still active on COATS
I have a number of old stock certificates for the following five companies: Amalgamated Rare Earth Mines (50 shares), Lingnora Gold Mines (1,000 shares), Consolidated Halo Uranium Mines (80 shares), P…
Metal Prices (July 31, 1989)
FREE MARKET London Metal Exchange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date July 25 July 24 July 21 July 20 July 19 Copper 1588.50-…
SouthernEra deal
SouthernEra Resources (TSE) has completed a private placement of 750,000 units at 25 cents per unit with SPNA Syndicate. Each unit consists of one common share and a half share purchase warrant. One …
Battle Mountain gains 51% of Inti Raymi
Battle Mountain Gold (TSE) has signed an option to increase its interest in Inti Raymi, a Bolivian mining company, to 51% from 33.3%. The agreement gives Battle Mountain the option to purchase 35,332 …
Black Cliff looks south for Costa Rican gold
Black Cliff Mines (TSE) has joined the growing number of companies that are searching for gold in South and Central America. The company recently announced that it has signed a letter of intent to gai…
Treminco opens Ptarmigan mine at Yellowknife, N.W.T.
The official opening of Treminco Resources (TSE) Ptarmigan gold mine took place a week ago at Yellowknife. The mill has been operating on a 2-shift basis (afternoon and graveyard) with ore being hoist…