Toodoggone not up to Iskut River
The Toodoggone area north of Smithers, B.C., will place a distant second to the Skyline-Iskut River region in terms of expenditures and exploration activity this year. Cheni Gold Mines’ (TSE) Lawyers …
News
SEMEG symposium
The Society of Engineering & Mineral Exploration Geophysicists (SEMEG) is presenting the second annual Symposium on the Application of Geophysics to Engineering and Environmental Problems at the Color…
Skyline’s Iskut River a hot B.C. play
In general, gold discoveries in northern British Columbia require a grade premium over comparably-sized deposits further south; the reason, of course, is to offset poor exploration logistics and high …
Alberta Stock Exchange Biron among gainers
While concerns over rising interest rates were felt on the New York and Toronto stock exchanges, some Alberta gold stocks were posting some of the highest gains in recent months. Jefferson Valley Gold…
Letters to the Editor Faulty memory?
It is extremely rare that I bother to write on the accuracy of articles in a paper, but in your May 30 edition you carry a story on your editorial page by Franc Joubin that, if he is going to publish …
Bruneau-Canamax deal
A private placement has been entered into by Bruneau Mining (ME) with its major shareholder, Canamax Resources (TSE), whereby Canamax will acquire 1.5 million treasury shares of Bruneau at 30 cents e…
Gold Vessel offering
A preliminary prospectus has been filed across Canada by Gold Vessel Resources (ASE) relating to the issuance of a maximum of 50,000 units (worth up to $50 million), each unit comprising one partnersh…
Gold not a mere metal
Like it or not, we cannot describe gold merely in terms of its physical and chemical properties, production statistics, or its market value. Like oil, so aptly called “black gold,” but exerting a far …
Golden Shield loss lower in quarter
Golden Shield Resources (TSE) reports a loss for the three months ended March 31 of $169,045 (1 cents per share) compared with a loss of $130,874 (2 cents a share) for the same period last year. Cas…
PRODUCER PRICES (June 13, 1988)
ALUMINUM: MW U.S. Market $1.19-$1.23 per lb. (May 26, 1988). ANTIMONY: New York dealer $1.08-$1.13 per lb. (Apr 14, 1988). BISMUTH: New York dealer $5.55-$5.70 per lb. (May 12, 1988). CADMIUM: New Yor…
Haileybury speaker
Haileybury School of Mines held its graduation recently and the convocation speaker for the event was James S. Redpath, founder and chairman of the J. S. Redpath group of companies. In 1962, Redpath …
Pegasus, CoCa merger ends in disagreement
A proposed merger between Pegasus Gold (TSE) and CoCa Mines (NASDAQ) has collapsed because the “two companies were unable to agree on certain provisions relating to management of the merged company,” …