News

McChip Resources close to earning property interest

Shareholders of McChip Resources (TSE) were told at the recent annual meeting the company is close to acquiring its 50% interest in 72 claims located east of Timmins, Ont., in Stock, Macklem and Germa…


SherrGold exceeding production forecasts

The MacLellan gold mine owned by SherrGold Inc. (TSE) is performing so well that recent production forecasts have been improved by the company. Speaking at the annual meeting in Toronto, Stephen Datte…



Fewer graduates portends problems for mining

One of the major challenges facing today’s mining industry lies in building a continuing supply of young engineers — not only in mining and metallurgy but in other disciplines such as electrical and …


Metal Prices FREEMARKET (June 27, 1988)

London Metal Exchange Spot closing prices in Pound Sterling per tonne Date June 14 June 13 June 10 June 9 June 8 Copper 1376-1380 1430-1432 1555-1560 1525-1540 1480-1485 Lea…


Platinum Lake to test PGM-winning technology

Canada may soon have another platinum group metal (PGM) producer. COATS-listed Platinum Lake Technology is well financed to test a new leaching method for recycling PGMs in catalytic converters from s…




High grade gold at Dome Mountain

Underground sampling and drilling on the Dome Mountain property has returned high grade gold values, Teeshin Resources (VSE) reports. Located near Smithers, B.C., the Dome Mountain project is owned by…



Obituary (June 27, 1988)

R. Anthony (Tony) Barker, who was in charge of AMAX’s Canadian exploration activities during the late 1950s and 1960s, died recently in an automobile accident in Portugal. Born in Vancouver in 1924, B…


Toronto Stock Exchange (June 27, 1988)

A rush by investors to catch a piece of the summer rally added another 27.02 pts to the composite index today, pushing it to a new post-October 19th high. For the week, the index has gained more than …


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