News

Metals snips

Gorham International has published its fourth study on asbestos and asbestos replacements since 1980, An Assessment of Asbestos Replacements: Economic, Performance and Technical Considerations. Despit…


Minerals shipped world-wide

More than 80% of Canada’s mineral production is shipped to markets around the globe, making the country the world’s largest exporter of minerals, reports the Mining Association of Canada. The country …


Montana silver mine back in production

Production has resumed at the Black Pine silver mine near Philipsburg, Mont., Inspiration Resources reports. Operations were suspended at the U.S. mine site in March, 1986, because of low silver price…


Delaware options Ungava prospects

Calgary based Delaware Resources has signed a letter of intent to option four of the Ungava region prospecting permits in Northern Quebec to Beaufield Resources Inc. Delaware holds a 50% working inter…


Cominco Res. seeks $40m. for offshore exploration

A final prospectus has been filed by Cominco Resources International which should raise about $40.2 million for exploration work on properties outside Canada, Alaska and Australia. The international o…


Throughput climbs for Rhyolite Res.

A small gravity concentrator is operating at Rhyolite Resources’ Texada Island gold property northwest of Vancouver. President John Bissett says that throughput has increased gradually and now average…


Base-metal prices on move upwards

Is the rise in precious metal prices having a positive effect on base metals? Copper, which sold for an average price in 1986 of 62 cents (US) per lb, is currently over the 70 cents mark; lead, with …


Reorganziation for Kennedy?

Could you please furnish me with an update on Kennedy Resources Inc. They did not renew their listing a few years back and were associated with Consolidated Cinola Mines, before they changed to City R…


COATS Trading Features (May 18, 1987)

Belleterre Quebec Mines and Boston Bay Mines were both better this week, up to 60-65 cents and $3.50-$4 respectively. Belleterre owns 40% of Boston Bay which owns the property where TSE-listed Madele…


New gold mines set to produce

Thirteen new gold mines that are expected to start up this year in the United States will add more than a half-million ounces of production capacity to that country’s annual gold production, the Metal…


New mill, gold mine are planned by Lac

A new mill for Kirkland Lake and a decision to develop Bousquet No 2 mine in northwestern Quebec have been announced by Lac Minerals. The $13-million mill, to process ore from Lac’s Macassa operation …


X-Cal drilling (May 18, 1987)

A percussion drilling program is planned to start this month, X-Cal Resources says. The work will be performed on the company’s Tyax property in the Bridge River- Bralorne area of B.C. Previous work o…


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