Nerco celebrates Con mine’s 50th
Nerco Minerals recently celebrated the 50th anniversary of its Con mine at Yellowknife. Mine officials and local residents marked the occasion at the Robertson headframe, the tallest structure in the …
News
Books in Review OGS publishes new book on gold
An 8-year study by the Ontario Geological Survey has culminated in publication of a new book about gold, titled Archean Lode Gold Deposits in Ontario. Underlining the importance of the book’s subject …
Alberta Stock Exchange Aug 17 Noble Peak moves up
Some good assay results from the Turquetil property in the Northwest Territories made Noble Peak Resources a standout on an otherwise lacklustre trading session. The Noble Peak issue gained 25 cents …
New discovery for new issue
Drilling should begin in September on a new gold discovery near Lac La Hache, B.C. Trenching on the Miracle Claims, 28 km north of the town, held by newly-listed G.W.R. Resources of Vancouver, has ret…
Gallactic boosts stake in Panorama Resources
It’s been a busy week for Galactic Resources (TSE). The company closed a series of related transactions valued at $39,375,000(US) with Homestake Mining, and more recently increased its stake in Panora…
Omni’s Mt. Skukum soon to begin production
Most people are surprised to learn that hardrock mining is a recent addition to the Yukon’s gold mining history. Indeed, names like Mt Skukum and Ketza River are all part of the new “hardrock generat…
FUTURES PRICES (August 22, 1988)
N.Y. Commodity Exchange Week’s High Low Close Change COPPER (in US cents per lb.) Aug 93.40 93.40 93.45 — 0.55 Sep 94.95 92.30 …
Books in Review Book on gold: how it’s found, how it’s mined
“One thing that has always saddened me is the apparent lack of knowledge that most people have about the actual process of finding a mine.” That lack of understanding as he saw it inspired John Gammon…
Minnesota mineral lease sale
Minnesota’s department of Natural Resources is in the final stages of assembling the list of lands and mineral rights that will be offered at the 1988 state metallic minerals lease sale. The date of t…
Metal Prices (August 22, 1988)
FREE MARKET London Metal Exchange Spot closing prices in Pound Sterling per tonne Date Aug 16 Aug 15 Aug 12 Aug 11 Aug 10 Copper 1249-1250 1251-1253 1269.5-1270 1251-1252 1…
Mobrun mill building interrupts production
At first it doesn’t quite compute, like seeing cows grazing on a city street or the Queen Mary lumbering for takeoff at an airport. But there it is, a 110-ft-high headframe smack in the middle of a fa…
Tungco to drill new gold zone
Four new anomalous gold showings were recently uncovered on Tungco Resources’ (VSE) Waratah property in the Iskut River gold camp in northern B.C. The showings were found during this season’s explorat…