IN THE BEGINNING
Were it not for the decision of W one man to probe just a little deeper into the Camflo ground, the orebody may never have become a mine. This is how it happened: On the basis of a magnetometer survey…
News
Spot prices at a glance (October 03, 1988)
Week’s Price (US) Change Gold (per oz) $397.65 $3.95 Silver (per oz) $6.18 $0.01 Platinum (per oz) $495.00 + $3.00 Copper (per lb) $1.14 + $0.03 Lead (per lb) …
Landmark acquires Oakwood A shares
Toronto-based Landmark Corp. (TSE) has acquired 450,000 Class A non-voting shares of Oakwood Petroleums from Drake Holdings Ltd. for a consideration of $450,000, the company said recent. The company a…
Metal Prices FUTURES PRICES (October 03, 1988)
N.Y. Commodity Exchange Week’s High Low Close Change COPPER (in US cents per lb.) Oct 116.40 115.35 116.80 4.95 Dec 108.50 105.90 108.25 4.65 Mar 98.80 …
Drilling planned at Exall’s Gold Eagle
Toronto-based Exall Resources’ (TSE) wholly-owned Gold Eagle property in near Red Lake, Ont. has been earmarked for a 20,000-ft drill program, the Denison Mines (TSE) affiliate said recently. The form…
Research UNDERWATER PERIL?
Mine tailings that are dumped Minto lakes and other bodies Mof water are sometimes viewed with suspicion. Many people worry that the tailings contaminate drinking water. But studies done by Prof Thoma…
Gold Standard signs Uruguayan venture
Utah-based Gold Standard has signed a joint venture agreement to explore its San Juan Hills gold property in Uruguay. Gold Standard is embarking on the joint venture with Compania Mineral San Jose S.A…
Mishibishu area mines are all active
Although modern exploration interest in the Mishibishu area came about as a sort of `overflow’ from the Hemlo gold rush in the early 1980s, it was only until recent discoveries that major companies ha…
Something Old, Something New
For JoAnne Nelson, project geologist working withing the Canada- British Columbia Mineral Development Agreement, the past has come alive in an unusual way. In June, 1987, The University of British Col…
`Internal rate of return’ one guideline for investment
Then comes the interesting part * * * an estimate will be made of what the annual revenue from a mine will be during production to pay for preproduction capital costs. This requires a forecast of what…
COOKIE JAR MINING
Gordon Strasser, a 59-year-old mining engineer, calls it “cookie jar mining.” The term describes a new method of mining those isolated pockets of rich gold mineralization which are too small to justi…
Cambior, Audrey sell gold forward
Two mining companies in northern Quebec, Cambior Inc. (TSE) and Audrey Resources (TSE), recently revealed details of forward sales of production. Cambior will deliver, during the last four months of 1…