Renewed confidence in the U.S. dollar ravaged gold prices which crashed almost $15 to $443.55(US) on the second London fix. The result was a sell-off of most gold equities which pushed the gold and si…
South American Goldfields was busy at 95 cents on news that Denison Mines plans to form a joint venture with the company to explore four concessions in Guyana for gold. Denison can earn a 60% interest…
Cassiar Mining (TSE) has acquired Similco Mines, a wholly-owned subsidiary of Newmont Mines, and its principal asset in Canada, the Similkameen copper operation near Princeton, B.C. The $10-million pu…
Morton Gordon, chairman of Gordex Minerals, has been named 1987 “Developer of the Year” by the New Brunswick Prospectors and Developers Association, and received a presentation at a recent gold sympos…
Murgold Resources (TSE) President Charles McAlpine had some good news for shareholders at the company’s recent annual meeting in Toronto. He said Murgold and partner Chesbar Resources (ME) have electe…
Discerning the geometry of Geddes Resources’ (TSE) Windy Craggy deposit has been more difficult than anticipated — even from underground mine workings. The company has been drilling fan holes to stra…
Bitech Energy Resources (ASE) is targeting late 1989 as a production start-up date for the company’s Tache Lake polymetallic deposit in northern Quebec. Shared equally with Greenstone Resources, (TSE)…
A 5-hole drill program has been completed by Vista Mines (TSE) on the company’s Bootleg property near Creighton, Sask. The drill program tested the Rio deposit below a depth of 500 ft. Hole 130 cut a …
The following brief look at recent history is prompted by the article, “Debunking a Myth,” by Donald Cranstone which appeared in the January issue of The Northern Miner Magazine. Cranstone’s article s…
In an article published in The Northern Miner in late November, 1985, Falconbridge Ltd.’s Chairman Bill James reported that finally, following several rocky years, the company’s balance sheet was soun…
A new way to store liquids in exploration and mining camps is being marketed by sei Industries of Richmond, B.C. Called the Terra Tank, it is a fully collapsible container, constructed of a specially …
Fenton Scott’s letter made my day. I must have done something right if a barrage from an explorationist with his experience fails to improve my data and affect my conclusions. I first must disown the …
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