Victoria uncovers graphite deposits
Drilling in January and February of this year outlined graphite deposits in three zones at the Portland, Ont., project of Victoria Graphite (COATS). Forty-one holes representing more than 16,000 ft we…
News
Can-Am hockey match
A friendly hockey challenge has been issued to American participants in The Northwest Mining Association’s annual meeting Dec 6-8. Issuing the challenge is Tom Schoeter of the British Columbia Ministr…
Alberta Stock Exchange Champion moves up
A rumor that Champion Gold was involved in negotiations to provide financing for exploration at Canuc Resources’ Coronation Gulf gold project in the Northwest Territories drove the price of Champion u…
50 Years Ago COPPER STEALS SHOW ON N.Y. METAL MARKET
Copper has taken the chief attention in metal circles the past few days because of sudden improvement in demand both here and abroad. The main activating force was the purchase of 21,000 tons by a for…
Editor’s Note IN DECLINE?
We had a few arguments around this office when we first came up with the idea of running a feature on copper mining. What would we headline the special report? “Canada’s Copper Kings” had a pleasant a…
Toronto Stock Exchange Indices (July 03, 1989)
1989 June 27June 26June 23June 22June 21HIGH LOW Composite 300 3778.37 3772.78 3773.15 3740.02 3730.45 3806.03 3353.13 Mtls & Mnrls 3308.76 3348.86 3344.65 3253.83 3237.12 3564.92…
Bunker Hill reports loss
Bunker Hill Mining (VSE) reported a loss of $613,793(US) or 4 cents per share in the first quarter, compared to $705,591 or 6 cents a year earlier. The Bunker Hill mine at Kellogg, Idaho has been pro…
COATS (over-the-counter) McNickel up a dime
A heavy trading volume of more than 275,000 shares in Atlantic Goldfields left that issue virtually unchanged at 72 cents . The company is cash rich following a deal with Jascan Resources. Still await…
Uranium Resources curtails production
The depressed state of the uranium market has prompted Uranium Resources (TSE) to curtail its production activity and delay plans for wellfield development and plant construction at several U.S. mine …
News in Brief (July 03, 1989)
Wolf River Resources has changed its name to Interchem (N.A.) Industries Inc. (IID:VSE) on a share-for- share basis. Transfer agent is Pacific Corporate Services Ltd.
Two mining projects receive gov’t grants
Government grants for infrastructure work at two mining projects in northwestern Quebec have been awarded to Cambior Inc. (TSE) and Ressources Minieres Rouyn (TSE). The federal and Quebec governments …
Grades improve 25% at Mishi gold project
The latest reserve calculations for the Mishi gold project in Ontario reveal an approximate 25% grade enhancement in both potential open pit and underground Main zone deposits. Joint venture partners …