News

Book Review Oil prospecting

Walter Guppy has probably seen more of Vancouver Island than any other prospector alive today and he’s recounted his experiences in a paperback called WetCoast Ventures: mine finding on Vancouver Isla…


BHP-Utah backs out of Snow Lake deal

The Snow Lake gold property in Manitoba owned by Silver Hart Mines (VSE) and subsidiary Snow Lake Mines (VSE) won’t be optioned by BHP- Utah Mines after all. Although no reason was given for the decis…


Cameco pleased at Hanson Lake

Economic grades of copper and zinc with associated silver values have been intersected over a strike length of 2,000 ft on the Hanson Lake property controlled by Cameco — A Canadian Mining and Energy…


Tundra acquires Lamaque option

Tundra Gold Mines (VSE) has acquired an option to purchase the 50% interest in the Lamaque gold mine property held by Teck Corp. (TSE). Lamaque, which shutdown in 1985 after 50 years of production, is…


Biron Bay options NovaGold gold bet

A definitive agreement is expected within 3-4 weeks which will see a 78% interest in the Summit gold property in New Mexico go to Biron Bay Resources (TSE) and Steeple Rock Mining in exchange for expl…


Palladium maintains steady support

Not as volatile in the marketplace or as expensive as its sister- metal platinum, palladium nevertheless has achieved a following which is keeping its supply more or less in balance with demand. Tendi…


Correction (December 05, 1988)

In a story on the United Western project in Arizona (N.M., Nov 28/88 Sun Valley rehabilitating United western mine shaft), Sun River Gold Corp. (VSE) is the company rehabilitating the Arizona Central …


Corona Corp.

Corona Corp. (TSE) has acquired 389,121 common shares of Breakwater Resources (VSE) pursuant to a private agreement. These share combined with the 3,869,900 common shares of Breakwater already owned b…


Vancouver Stock Exchange December blahs on the way

Trading activity remains sluggish in Vancouver, as evidenced by the VSE Index which at press time had tumbled to a new low of 799.68. To top that off, glitches in the VSE’s computerized trading system…


Editorial A worthwhile collection

Thanks to the efforts of some tireless volunteers and the generosity of several mining companies, Canada’s National Museum of Natural Sciences may soon be endowed with one of the most remarkable miner…


New massive sulphide find on Rambler bet

Recent trenching has encountered a new high grade copper showing on the Rambler properties near Baie Verte, Nfld. The Rambler project, currently the site of a $3.8-million exploration program, is a jo…


28th CIM conference

The 28th annual conference of metallurgists of CIM will be held in Halifax, N.S., on Aug 20-24, 1989. Papers are invited on general topics as well as the following: tailings and effluent management, p…


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