Metall’s Australian mine
Metall Mining Corp. (TSE) plans to increase its operations in Australia following the commencement of gold production at the company’s Callion mine near Kalgoorlie. Callion, which began operations las…
News
Coxheath’s tests show Tangier can operate profitably
A production decision has not been made yet, but the economic viability of mining gold from Nova Scotia’s narrow-vein, Meguma- hosted deposits is no longer in doubt. Coxheath Gold Holdings (TSE) of Be…
Metal Prices PRODUCER PRICES (October 24, 1988)
ALUMINUM: MW U.S. Market $1.01-$1.07 per lb. (Oct 6, 1988). ANTIMONY: New York dealer $1.05-$1.10 per lb. (Aug 25, 1988). BISMUTH: New York dealer $6.10-$6.15 per lb. (Sept 29, 1988). CADMIUM: New Yor…
Montreal Exchange A year’s difference
There was little celebration one year ago today when stock markets around the globe collapsed. Not that it was the end of the world; on the contrary, investment life went on, albeit at a somewhat slow…
Hidden Lake Gold acquires large property in N.W.T.
An option to earn a 51% interest in the 40,000-acre Camsell Lake property located 115 miles northeast of Yellowknife, N.W.T., has been obtained by Hidden Lake Gold Mines (VSE) from a private claim own…
Drill Program Starts On Oneida’s Maple Leaf Project
A drill program is under way on the Maple Leaf project in the Mishibishu Lake gold camp of Ontario. owned 100% by Oneida Resources (VSE), one of several Applegath Group companies active in the area. T…
Steel demand gaining in strength
Consumption of crude steel in the non-Communist world is expected to rise by 6% this year over 1987 levels, to 478 million tonnes, delegates to the 22nd annual conference of the International Iron and…
People (October 24, 1988)
QUARTZ MOUNTAIN GOLD CORP. — Dr William H. Bird has resigned as a director.
Chile gold boom attracts Canadian firms
Favorable foreign investment laws combined with attractive gold potential have convinced some Canadian mining firms that risk taking in the mountains of Chile is bound to pay off. Currently the third …
Clarification (October 24, 1988)
The Denison-Potacan Potash Company, a partnership of Denison Mines (TSE) and Potash Company of Canada, has been as thorough in its implementation of rock mechanics engineering at its Sussex, N.B., pot…
COATS Trading Features (October 24, 1988)
Atlantic Goldfields announced a share buy-back plan this week. It intends to buy back certain of its issued shares through open market purchases starting Oct 24. The maximum number of common shares to…
Minnova/Rea Gold get approval for B.C. mine
Because going- it-alone to production is proving too costly a proposition for many juniors in British Columbia these days, a good many of the province’s advanced projects seem to be finding their way …