Jilbey options two big blocks
Alberta-listed Jilbey Industries has acquired an option to earn a 50% interest in two large blocks of gold exploration claims: one in the Larder Lake and one in Sudbury area of northern Ontario. The 2…
News
Pine Point raises interest in Cominco’s Polaris mine
With zinc prices at record levels, Pine Point Mines (TSE) has exercised its option to purchase a further 12% interest in Cominco Ltd.’s (TSE ) Polaris mine. Located on Little Cornwallis Island in the …
Zinc stronger on increased demand
Labor troubles and a higher demand by the automobile industry are among the reasons given for the rise in the price of zinc to dizzying levels. The base metal, which last year averaged 36 cents (US) p…
Letter to the Editor VSE computerized trading
We refer to your June 13 issue on Junior Mining, and the article “VSE: Top Junior Resource Market Still Setting Records.” We were pleased to have the opportunity to bring your readers up-to-date on th…
Camreco in feasibility stage at elusive Goldlund gold bet
Toronto-based Camreco Inc. (TSE) says it is taking a very conservative approach to exploration at the Goldlund property near Dryden, Ont., where production could resume later this year. The former gol…
Kleenex not needed at Metall meeting
With copper production underway at the Ok Tedi mine in Papua New Guinea, and a couple of new gold and base metal mines in the pipeline, there was little danger than shareholders at Metall Mining’s (TS…
Grab Samples (July 04, 1988)
In an embarrasing move to Banque IndoSuez, the convertible debenture kings of Canadian mining finance, the Swiss National Bank has killed IndoSuez’s latest bond deal. Client Galactic Resources, via Ga…
People (July 04, 1988)
Mining Association of Canada — At the 44th annual meeting held in Ottawa recently, Norman B. Keevil, Jr. was elected chairman succeeding Dr Walter Curlook.
Prospectors net $9 million to explore ’30s copper mine
Long-time followers of the industry hold onto your hats. Prospectors Airways, an old name from the dirty 30s, has resurfaced on the Vancouver Stock Exchange. (The original Prospectors Airways surren…
Dickenson gains all of White mine
Serious about boosting its own annual production beyond the 100,000 oz level, Dickenson Mines (TSE) has acquired 100% ownership of the Arthur W. White mine near Red Lake in northwestern Ontario. In a …
Redfern to fund program on Tulsequah area project
Equipment is being mobilized for a major exploration program on Redfern Resources’ (VSE) Tulsequah area property in northwestern British Columbia. Rehabilitation of the 5,400 level and preparation of …
Editorial There was a doctor in the house
Miners and their families in Faro, Yukon, will be able to rest easier now. A month or two ago in this space we noted the difficulties remote northern communities have in attracting in-residence doct…