Editor’s Note BASE METALS SEARCH
A popular musical group several years back called Blood, Sweat and Tears moaned about being down so long that “bottom looked like up ” I can imagine this standard blues sentiment was adopted by would-…
News
UNCERTAIN PROSPECTS
Of all the words that might best describe the exploration industry in 1988, none is more appropriate than “contrast” — dramatic contrast Still reeling from the devastation of the October, 1987, stoc…
Letters ON METRIC, BONUSES, PINCHI
In the November issue, there was a letter that suggested you contributed to the confusion between metric and other systems of measures It referred to an earlier article that stated one troy ounce is …
EXPLORATION ’89
With this our fourth issue in as many years dedicated to mining exploration across the country, we are trying something new In issues past, we covered grassroots exploration This time, we asked a se…
THE BIG NICKEL SEARCH
These are not exactly boom times in nickel exploration for Canada’s two major nickel producers It’s not like the late 1960s and early 1970s when Inco Ltd went searching for lateritic nickel deposits …
Letters Pinchi Lake
Our work within the Bridge River mining camp of southwest British Columbia has shed new light on regional metallogeny: recent discussions concerning the nature and distribution of metal concentrations…
Newfoundland big on Bitech
A gold discovery made last year by Bitech Energy Resources (ASE) on the company’s Nugget Pond property near Betts Cove, Nfld., has attracted the attention of a considerable number of Newfoundland inve…
Northquest program
A diamond drilling program is being conducted by partners Northquest Ventures (ASE) and Young- Shannon Gold Mines (COATS) on their Chester Twp., Ont., gold property. The work is testing an area near a…
Pacific Minesearch completes program on Michaud project
After completing an 8-hole, 5,250-ft diamond drill program on the Michaud project near Matheson, Ont., Pacific Minesearch (VSE) intends to continue work on the Ontario gold project in 1989. The compan…
Westmin returns to mining
Many oil and gas companies have their roots in the mining industry including Westmin Resources (TSE) and ill- fated Dome Petroleum; but few of them ever revert back to mining as their principal busine…
Metal Prices PRODUCER PRICES (February 27, 1989)
ALUMINUM: MW U.S. Market 97 cents – $1.00(US) per lb. (Feb 16, 1989). ANTIMONY: New York dealer $1.00- $1.03(US) per lb. (Jan 19, 1989). BISMUTH: New York dealer $6.40-$6.60(US) per lb (Feb 16, 1989)….
Toronto Stock Exchange Inflation fears boost golds during market
Traders faced another day of turbulent activity as the composite index lost another 28.2 pts to close at 3584.03 pts. Volume was 27.7 million shares. Unease as to the short- term direction of interest…