Sharpe Energy busy in Newfoundland
Much exploration work is now under way on Newfoundland’s Baie Verte peninsula with interest building, Walter Sharpe, president of Sharpe Energy & Resources, told The Northern Miner on his return from …
News
Books (September 07, 1987)
Practical Problems in Exploration Geochemistry by A. A. Levinson, University of Calgary; P. M. D. Bradshaw and I. Thomson, Placer Development Ltd. Hardcover, 269 pages, ISBN 0-915834-05 $7. 80(US) App…
Three new mines Echo Bay more than doubles revenues and net
Three new gold mines in Nevada and higher bullion prices have had a dramatic effect on the bottom line of Echo Bay Mines, one of this continent’s premier gold producers. Revenues during the second qua…
Metal Prices FREE MARKET London Metal Exchange (September 07, 1987)
Spot closing prices in Pound Sterling per tonne Date Sept. 1 Aug. 31 Aug. 28 Aug. 27 Aug. 26 Copper 1047-1048 N/A 1051-1052 1063-1064 1065-1066 Lead 412-413 N/A …
Gold exploration
An international meeting on Gold Exploration: Techniques, Concepts and Problems is planned for Oct 13-15, 1988, at Reno, Nev., by the Society of Mining Engineers. Topics on the preliminary program inc…
Westmin completes study at Big Missouri, Silbak
Westmin Resources of Vancouver has indicated that production on a major new gold/silver operation near Stewart in northwestern B.C. could begin as early as December 1988. Following an extensive diamon…
Montreal Exchange Trading activity heavy
While trading volumes have generally been excellent this past week, the Montreal Exchange lost ground, with both the market portfolio and the mining and minerals index closing down. Action continues t…
Mobrun mine, a triumph for Audrey president
In a region where Falconbridge and Noranda are the established producers, a relative unknown named Audrey Resources is about to make its presence felt with announcements on two key properties. During …
Cominco’s Marte project nears production stage
A production decision is expected this fall for the Marte gold project owned by Cominco Resources and a subsidiary of Anglo American Corp. The decision will follow the completion of a feasibility stud…
News in Brief (September 07, 1987)
Calgary-based Morrison Minerals reports revenues of $2,258,787 for the 6-month period ended June 30, for a net income of $297,407 or 5 cents per share. As of April 1, these figures include the consol…
Abitibi optimistic on a mining plan
Abitibi Metal Mines, a small, Montreal-listed junior (not to be confused with Abitibi Resources), is very optimistic about mining 500,000 tons of what it calls probable ore, on a 6-claim property nort…
PRODUCER PRICES (September 07, 1987)
ALUMINUM: MW U.S. Market 82.50 cents -85.00 cents per lb. (Aug 27, 1987). ANTIMONY: New York dealer $1.10-$1.15 per lb. (Aug 13, 1987). BISMUTH: New York dealer $4.75-$5.00 per lb. (Aug 20, 1987). CAD…