Shabu share trading still subject of RCMP probe
Nearly eight months after Shabu Gold Mines ceased trading on the Alberta Stock Exchange, the company’s irregular trading pattern is still being investigated by the rcmp. While a spokesman for the rcmp…
News
Australia’s Western buys TSE’s Western
An Australian company, Western Mining Corp., has made a $101-million takeover offer for Toronto-based Western Goldfields whose principal asset is the Hog Ranch mine in Nevada. In the past month Wester…
St. Genevieve options Marshall property
An agreement has been reached between St. Genevieve Resources and Marshall Minerals whereby St. Genevieve has acquired an option to earn a 30% interest in the contiguous Carshaw-Malga properties near …
Copper, gold should boost Teck’s earnings in 1988
Norman Keevil Jr. took the podium at Teck Corp.’s annual meeting, apologized for the noises coming from the Ontario Fruit and Vegetable Growers’ Association in the next room, and proceeded to tell sha…
La Fosse assays
Assays from chip samples taken from a decline ramp have been received by La Fosse Platinum Group. The sampling was completed on the company’s Blue Lake property, located northeast of Schefferville, Qu…
Metal Prices FREE MARKET (January 25, 1988)
London Metal Exchange Spot closing prices in Pound Sterling per tonne Date Jan. 19 Jan. 18 Jan. 15 Jan. 14 Jan. 13 Copper 1457-1462 1515-1520 1490-1495 1355-1360 1458-1462 Lea…
Diepdaume plans bulk sample test
Having recently opened a 600- ton-per-day custom mill in the Timmins, Ont., area, Diepdaume Mines is looking at a possible production decision this year for its Preston East Dome gold project. Preside…
Corona completes Prime Capital deal
Announcing completion of an approximate one-third voting and equity position in Prime Capital Corp. of Vancouver was International Corona Resources of Toronto. The purchase price consisted of five mil…
Sulphates and hematite found in major gold deposits
A notable feature of rocks of Archean age is an absence of oxygenated minerals, such as sulphates and hematite, reflecting a lack of atmospheric oxygen at that time. In the Witwatersrand placers this …
Editorial Deficits can’t continue
When Brian Mulroney became Prime Minister in 1984 and a Progressive Conservative government was formed, we held great hope that some semblance of fiscal responsibility would follow. It appears we we…
Cream Silver drilling Buttle Lake after government lifts
After a 14-year moratorium, Cream Silver Mines is exploring its Buttle Lake polymetallic deposit near Westmin Resources’ mine on Vancouver Island. The 166 mineral claims are located about two miles so…
Vancouver breaks all records despite market volatility in ’87
It was a year of highs and lows for investors on Vancouver’s Stock Exchange. The vse set new records in nearly all areas of its trading activity in 1987, but ended the year reeling from the impact of …