News

Dolphin gets Royex board appointee

While seeking a listing on the Toronto Stock Exchange, Dolphin Explorations of Vancouver has attempted to strengthen its board by appointing Robert McCallum as president of the company. As a former vi…


Aberfoyle’s reputation much larger than its size

With only 265 employees thinly spread over 4,000 km from Tasmania to Western Australia, base metal and gold miner Aberfoyle Ltd. (47%-owned by Cominco) has a reputation far larger than its size. “They…


Normetal Mining options 72 claims

An option to acquire a 100% interest in 72 claims in Perron, Clermont and Desmeloizes twps. in northwestern Quebec has been acquired by Normetal Mining Exploration. The option, acquired from C. Salmis…


Traditional metals under attack

The world of industrial minerals is undergoing a period of rapid change. Traditional mineral products such as copper and steel are being overtaken by new types of materials in a variety of application…


Kootenay King starts work at Erie Creek

Preliminary exploration work has started at Kootenay King Resources’ Erie Creek gold prospect near Salmo, B.C. The company completed part of a $37,000 Stage 1 program, consisting of line cutting and g…


Shaft sinking on hold as Barrick finds more gold

American Barrick Resources of Toronto is faced with a couple of problems which every mining company would love to have. Recent deep drill results at its Goldstrike property near Elko, Nev., have been …


Ark La Tex explores N.W.T. Sunset Lk. bet

Good drill results from a neighboring claim has moved Ark La Tex to take another look at its Sunset Lake prospect, located 70 miles east- northeast of Yellowknife. Ark La Tex has an option to earn 60%…


Metal Prices FREE MARKET (January 18, 1988)

London Metal Exchange Spot closing prices in Pound Sterling per tonne Date Jan. 12 Jan. 11 Jan. 8 Jan. 7 Jan. 6 Copper 1565-1570 1600-1605 1560-1565 1585-1595 1640-1645 Lea…


Ontario’s mines division

Nineteen eighty-seven marked the first full year of operation for the Ontario Ministry of Northern Development and Mining’s Division of Mines and Minerals. This division was set up to better serve the…



Goldbrae options gold bet in northwestern Manitoba

An option to acquire a 100% interest in a 2-claim unit, 3,000-acre gold prospect in northwestern Manitoba has been obtained by Goldbrae Developments of Richmond, B.C. The company has agreed to spend $…



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