Metal Prices PRODUCER PRICES (November 16, 1987)
ALUMINUM: MW U.S. Market 82.75 cents -84.50 cents per lb. (Oct 29, 1987). ANTIMONY: New York dealer $1.10-$1.16 per lb. (Oct 8, 1987). BISMUTH: New York dealer $4.90-$5.00 per lb. (Oct 22, 1987). CAD…
News
Whim Creek gold record set at Meekatharra mines
Record gold production was realized by Whim Creek Consolidated from mining operations in Australia. For the nine-month period ended Sept. 30, the company produced 30,193 oz of gold. For the third quar…
Claude gold find north of La Ronge
Claude Resources, which with Placer-Dome Inc is busy with an underground exploration program on the Seabee gold deposit east of La Ronge, Sask, has come up with another gold discovery. Located 140 mil…
Silverknife reserves total 400,000 tons, Reg Res. reports
Drill-indicated and inferred reserves stand at 400,000 tons at the silver-lead-zinc-gold Silverknife prospect at the Liard mining division in British Columbia, Reg Resources reports. Forty-nine holes …
Rio Algom tries again for PCA amalgamation
Rio Algom says there are a number of benefits to be gained from an amalgamation with its subsidiary, Potash Co. of America, and says it is again trying to push through the amalgamation, after failing …
Barrick’s Carlin drill hints at new discovery
Results from a deep drill hole at American Barrick Resources’ Goldstrike mine near Elko, Nev., seem to indicate that the Toronto-based company could be on the verge of another major discovery. As repo…
Cominco International busy with two potential mines
Newly-created Cominco Resources International is making good progress towards its objective of becoming an international mining company. Created in May, 1987 by parent company Cominco Ltd., which hold…
CIM District Six meeting reviewed B.C. gold projects
If attendance at cim’s District Six 11th annual meeting here Oct 28-31 is a barometer that will gauge exploration in British Columbia and the Yukon, then sagging stock exchange markets will not pressu…
Norwood exploring property anomaly
A program of stripping, detailed mapping, channeling and sampling was performed in September on anomaly “A” on property in Currie Twp. located in northern Quebec between Val d’Or and Chibougamau, Norw…
Books in Review (November 16, 1987)
The Prospect for Gold: the view to the year 2000 by Timothy Green; ** published by Rosendale Press, 140 Rosendale Rd., Dulwich, London SE21 8LG; available in North America from Walker & Co., 720 Fifth…
Pacific Minesearch drills U.S. bet
Encouraged by results at its Howie gold property near Charlotte, N.C., Pacific Minesearch is continuing a 15,000-ft diamond drilling program. In a joint venture with Cominco America, the company will …
McAdam confirms three zones at McWatters gold property
Having survived the recent stock market debacle with its share price relatively intact, McAdam Resources of Toronto recently released an update on its exploration properties. At press time, the McAdam…