Hedging their bets (October 03, 1988)
A falling gold price might normally cause gold-mine operators to shudder, but recent developments in bank-related financing and hedging techniques have afforded a degree of protection to big and small…
News
Vancouver Stock Exchange Wait-and-see attitude towards gold
Vancouver market watchers were buoyed by news that bargain hunters were out in full force in Toronto, generating a rebound among otherwise sound issues that had been battered by gold’s drop below $400…
Noront gets nod from Central Crude as exploration arm
Noront Resources (VSE) is the company that has been chosen by Central Crude (VSE) to acquire an interest in certain of the properties recently acquired by Crude in the Mishibishu, Swayze and Hemlo are…
Breakthrough in Measuring Stress
Measuring stresses in hard rock has always been a big problem for rock mechanics engineers. Dr Gerhard Herget should know. The research scientist at the Canada Centre for Mineral and Energy Technology…
Canamax’s third mine Kremzar produces its first gold
There’s a lot riding on the Kremzar gold mine 20 miles northeast of here. Not only does Canamax Resources (TSE) expect the mine to be the company’s main gold operation, it marks the first production f…
Letter to the Editor Center of Excellence
Your last editorial titled “Research teamwork” (Sept 19) is very timely and well received. It does, however, contain a factual error regarding “Western Centre of Excellence in Surface Mining.” This Ce…
Drill Results from Jualin Property
With 23 drill holes completed to date on the Jualin property north of Juneau, Alaska, International Curator Resources (VSE) says observation of drill core reveals that veins and stockwork zones were e…
Land claim divides Yukon mining industry
Negotiations on a preliminary agreement land claim settlement in the Yukon Territory are expected to wrap up within two weeks, on the orders of federal Northern Development Minister Bill McKnight. If …
Bachelor Lake buys West. Prem. shares
Toronto-based Bachelor Lake Gold Mines (TSE) has completed the purchase of 750,000 escrowed common shares of Western Premium Resources (VSE), the company said recently. After securing a 100% interest …
Minorco bids to unite west’s largest metal mining assets
Minorco SA’s South African- backed bid for the outstanding shares of Consolidated Gold Fields PLC is expected to spark one of the biggest takeover battles in mining history. But even though it will be…
Some of Canada’s best gold exploration projects
There are more than 100 advanced gold exploration projects in Canada today. The editors of The Northern Miner have tried to select some of the most promising gold exploration plays as the 1988 field …
Metal Prices (October 03, 1988)
FREE MARKET London Metal Exchange Spot closing prices in Pound Sterling per tonne, except zinc and nickel ($US per tonne) Date Sept 27 Sept 26 Sept 23 Sept 22 Sept 21 Copper 1478…