Obituary Dennis Fairbairn
Mining lost one of its brightest assayers when Dennis Fairbairn died recently following a brief illness. He was 71. A native of Victoria, B.C., Fairbairn was known for his strong views on gold explora…
News
Huldra Silver eyeing production at Treasure Mountain
Subject to a favorable feasibility study and necessary financing, Huldra Silver (VSE) says it intends to place its Treasure Mountain silver-lead-zinc project near Hope, B.C., into production. The comp…
Gold funds as of Feb. 28
BGR Goldcorp Central MVP Capital Net value $12.06 9.01 6.61 0.78 Price $9.50 6.125 5.75 0.66 Discount 21.23% 32.0% 13.0% 15…
Production shortfalls hurt Minnova Inc.’s bottom line
While base metal prices reached record levels in 1988, Minnova Inc. (TSE) was unable to benefit fully from the improved metals climate. Lower gold prices and the rising value of the Canadian dollar we…
Exploration on the increase in Keewatin District
It’s the second-largest greenstone belt in Canada, second only to the prolific Abitibi belt that has hosted some of the country’s largest gold mines, but the Kaminak greenstone belt in the Northwest T…
Ontario Welcomes A Mineral Exploration Federation
Efforts to ensure that mining and exploration get a fair hearing from government stand to gain ground as a result of the recent formation of the Ontario Mineral Exploration Federation (OMEF). OMEF is …
FINANCING (March 06, 1989)
VANCOUVER Hisway Res Corp — 600,000 offered @ 45 cents per sh. Kosa Res Ltd — gross proceeds rec $234,500. Shiva Ventures Inc. — gross proceeds rec $144,000. MacDougall Devel Corp — gross proceed…
Juniors seek alternatives to fund exploration plans
The decline in gold prices to below $400(US) per oz combined with the reluctance of speculative investors to place their money into exploration equities, is playing havoc with the junior exploration s…
Frnakfield shows signs of reviving
Shareholders of Frankfield Exploration (ASE), which has remained relatively dormant of late, are likely to see their company become more active. “We are going to be on the lookout. We certainly won’t …
Metal Prices PRODUCER PRICES (March 06, 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)….
Westmin completes exploration tunnel
The driving of a 1.2-mile exploration tunnel on the Debbie and Yellow properties on Vancouver Island was completed by operator Westmin Resources on schedule. The tunnel will provide access for undergr…
Student shortage
A disturbing fact came out at the second annual Central Canada Geological Conference held in Toronto last February. During a panel discussion entitled The University-Industry Relationship — The Next …