Canamax increases Mt Hundere’s reserve
Geological reserves have been increased by Canamax Resources (TSE) on the company’s Mt. Hundere zinc-lead property near Watson Lake, Y.T. Drilling has outlined reserves of 5.2 million tonnes grading 1…
News
Editorial Balancing act
Two of the bogeymen in our business culture are corporate concentration and hostile takeovers. But in the true spirit of a free market seeking its own level of equilibrium, these two forces may be in …
1990 annual meeting
A call for papers has been issued for the 1990 Society of Mining Engineers first Annual Meeting, Feb 26-March 1, in Salt Lake City, Utah. The deadline for receipt of preliminary abstracts is Feb 1, 19…
APCOM conference
The 22nd international symposium APCOM will take place from Sept 17-20, 1990 in Berlin, West Germany. The general theme of the APCOM conference is the application of computers and operations research …
Bulk test scheduled at Octan silver bet
Encouraging results have been encountered at Octan Resources’ (ASE) Bonanza silver claims in the Northwest Territories where the company is planning to take a 15,000-ton bulk sample to determine accur…
Metal Prices (December 12, 1988)
FREE MARKET London Metal Exchange Spot closing prices in Pound Sterling per tonne, except zinc and nickel ($US per tonne) Date Dec 6 Dec 5 Dec 2 Dec 1 Nov 30 Copper 191…
Barrick, Gold STandard court date set
Another high stakes court battle will get under way when American Barrick Resources (TSE) and Utah- based Gold Standard Inc. appear in a Tooele Cty., Utah, courtroom, Feb 5, 1990. As a former joint ve…
Diepdaume funds
A private placement worth $325,000 has been completed by Diepdaume Mines (VSE) whereby it has issued 829,717 flow-through shares at $0.3917 per share to NIM and Co., Ltd. Partnership — 1988. Diepdaum…
Hall of Fame banquet
In an event being billed as one of historic importance to the mining industry, 12 of its most distinguished discoverers and mine- makers (10 posthumously) are to be inducted into the recently formed C…
Caisse files suit over Inco’s plans
A lawsuit seeking to nullify a proposed shareholders’ rights plan proposed by Inco Ltd.’s (TSE) board of directors has been filed with the Quebec Superior Court. Issuing the legal challenge to the tak…
Discovery made in Idaho Beartrack looks big for Meridian
What appears to be an important gold discovery has been made by Meridian Gold Company about 10 miles west of Salmon, Idaho. More than 100 holes have been drilled into the company’s Beartrack deposit a…
COATS trading features (December 12, 1988)
Volume leader this week on COATS was Atlantic Goldfields. The issue saw volume increase to well over 300,000 shares with active trading in the 50 -57 range, a low for the past few weeks. In October, …