Work crews of Hecla Mining Co. of Canada are clearing the site of a new, 330-m shaft to be put down on Acadia Mineral Ventures’ Mooseland property in Nova Scotia. Located 45 miles northeast of Halifax…
Granges Exploration (TSE) and joint venture partner MacMillan Energy (VSE) recently reported a newly discovered surface-exposed mineralized structure on their Mishi project which they say may suggest …
Coeur D’Alene reports net income of $3.6 million(US) on revenue of $17.7 million during the second quarter of 1988 compared with $2.5 million on revenue of $9.9 million for the same period in 1987. Ne…
It isn’t often that a company can contemplate a production decision with reserves of less than 130,000 tons in the ground. But at the Johnny Mountain gold property in northwestern British Columbia, th…
Thomas J. McQuillan, one of British Columbia’s best known prospectors , died at White Rock, B.C. recently after a lengthy illness. He was 70. McQuillan was born in Nanaimo and, as a young man, worked …
London Metal Exchange Spot closing prices in Pound Sterling per tonne Date Aug.2 Aug. 1 July 29 July 28 July 27 Copper 1219-1221 1214-1216 1251-1253 1224-1226 1231-1233 Lead 346-3…
Net smelter royalties owed to prospectors John Larche and Donald McKinnon from claims staked at the Hemlo gold camp in northern Ontario have not been paid since legal action was started by Scintilore …
ALUMINUM: MW U.S. Market $1.24-$1.28 per lb. (July 28, 1988). ANTIMONY: New York dealer $0.99-$1.05 per lb. (July 21, 1988). BISMUTH: New York dealer $5.60-$5.75 per lb. (June 23, 1988). CADMIUM: New …
Magma Copper reports net income of $11.7 million(US) or $0.31 per common share on revenue of $136.2 million during the second quarter of 1988 compared with $7.5 million, which contained a pension sett…
With two joint venture agreements arranged, junior mining firm Power Explorations (TSE) is looking to negotiate similar deals with other mining companies to bring its various properties in northwester…
Grants to help 136 mineral prospectors have been approved under the British Columbia government’s half-million-dollar prospectors’ assistance program. “B.C.’s mining industry depends on active explora…
The volume of shares traded on the TSE this week was characteristic of this time of year — below the yearly average at 15.9 million. The TSE 300 composite index slipped 87.34 points on the week to cl…
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