Kewagama raises exploration funds
A flow-through financing agreement worth $435,000 has been reached between Kewagama Gold Mines (Quebec) (ME) and CMP 1988 III Resource Partnership and Co., Ltd. Under the agreement, shares will be iss…
News
Metals Page: Platinum demand to outstrip supply to ’93
Looking into the future, Johnson Matthey, the large refiner and supplier of platinum group metals, says demand for platinum will continue to put pressure on the supply of newly-mined metal during the …
Metal Prices (October 17, 1988)
FREE MARKET London Metal Exchange Spot closing prices in Pound Sterling per tonne, except zinc and nickel ($US per tonne) Date Oct 11 Oct 10 Oct 7 Oct 6 Oct 5 Copper N/A …
Mine production satisfies 66% of world gold demand
While gold production from mines in the non-Communist world will total 53.5 million oz by 1991, there won’t be enough of the metal to satisfy demand. In fact, the Gold Institute of Washington, D.C., r…
Reserve Estimate Being Compiled For Colony’s Blue Moon Project
A detailed ore reserve estimate is being compiled by the mining consulting firm of Derry, Michener, Booth and Wahl on the Blue Moon polymetallic deposit in California, owned 100% by Colony Pacific Exp…
Delaware to take over Prime Capital
A takeover offer by Delaware Resources Corp. (VSE) for Vancouver-based Prime Capital should put the continuing company firmly in the hands of Corona Corp. (TSE). Prime Capital chairman Murray Pezim co…
Graphite play viable Stewart Lake says
A prefeasibility study for the Kirkham graphite deposit north of Kingston, Ont., has been completed, Stewart Lake Resources (TSE) says. The study, completed by Kilborn Ltd., a consulting engineering c…
Editorial Does Manitoba need Inspiration?
Unfortunately, Canada’s policy of contributing public funds to smelter modernization programs nation-wide appears to have run smack into a conflict with our foreign policy with regards to apartheid in…
Letters to the Editor $300 M. pipeline to Vancouver Isle
The federal government has announced its participation in a $300-million pipeline to Vancouver Island. In its support of the coal mining industry (editorial Aug 1) The Northern Miner should comment on…
Metal Prices PRODUCER PRICES (October 10, 1988)
ALUMINUM: MW U.S. Market $1.115-$1.14 per lb. (Sept 22, 1988). ANTIMONY: New York dealer $1.05-$1.10 per lb. (Aug 25, 1988). BISMUTH: New York dealer $6.10-$6.25 per lb. (Sept 8, 1988). CADMIUM: New Y…
Kenora Gold buys granite property
Kenora Gold Occurrences (ASE) has optioned a granite property, 50 km north of Kenora, Ont. The deposit is massive, well jointed and easily quarried, with good road access. The granite is described as …
Fairfield Expands Exploration Projects
Two new precious metal prospects were acquired in the Okanagan region of British Columbia by Fairfield Minerals (VSE). The company also has several properties in the area under option to Placer Dome (…