Bongard helps Black Cliff buy 38% of own shares
Toronto-based Black Cliff Mines (TSE) and Toronto financier C. S. Bongard have signed an agreement to purchase all the outstanding Black Cliff shares currently held by Canhorn Mining (TSE) and Great H…
News
Glimmer optimistic at Barnet Twp. bet
Thirteen diamond drill holes at the 132-claim gold property of Glimmer Resources (VSE) in northeastern Ontario have yet to uncover any great tonnage, but there is plenty of area left to explore, share…
World Non-ferrous Metals mining map now available from West
A new World Mining Map of Non- ferrous Metals which is claimed for the first time to include centrally- planned-economy countries, is now available from a West German publisher. The map package, which…
Equity Silver turns profit
It’s been a long difficult struggle for Equity Silver Mines (TSE) since production began over six years ago and things probably aren’t going to change. But the company is finally earning money ($3.6 m…
Spot prices at a glance (May 02, 1988)
Week’s Price (US) Change Gold (per oz) $449.10 — $ 8.90 Silver (per oz) $ 6.37 — $ 0.10 Platinum (per oz) $518.50 — $16.50 Copper (per lb) $ 0.97 — $ 0.03…
What’s new Clarification
In our January issue we announced that Wagner Mining Equipment of Portland, Ore., is marketing an electrical-powered scoop equipped with a 1/2-cu-yd bucket and a diesel-powered scoop of the same size….
Managing THE LIMITATIONS OF COMPUTERS
“First get it through your head that computers are big, expensive, fast, dumb adding-machine-typewriters. Then realize that most of the computer technicians that you’re likely to meet or hire are comp…
SMDC and partners Ramp planned at Fork Lakes
The Fork Lakes joint venture has decided to proceed with a $6-million underground exploration program on the Fork Lakes gold property about 80 miles northeast of La Ronge in northern Saskatchewan. Par…
City announces price of purchase warrants
Vancouver-based City Resources (VSE) said recently that a previously announced modification of the exercise price of the company’s common share purchase warrants became effective April 19. The exercis…
Innovations MONEY-SAVING ROAST
With 60 pieces of heavy mobile equipment and more than 200 pieces of plant machinery at Luscar Sterco’s Coal Valley mine, near Edson, Alta., preventive/ predictive maintenance is an obvious priority. …
Shaft sinking proceeding at Tundra deposit
Sinking of a 1,500-ft shaft on the Tundra gold deposit in the Northwest Territories is expected to be complete by the end of 1988 says a spokesman for Getty Resources (TSE). The shaft was collared ear…
Equity planning Yukon exploration
Moving aggressively to increase its exploration exposure away from its mining operation at Houston, B.C., Equity Silver Mines (tse) has approved a budget of $725,000 for its Ram precious metals proper…