Placer, MSV encouraged with underground program
Initial results from an underground program on the Eastmain gold project east of James Bay, are confirming earlier drill results. Partners Placer Development and MSV Resources plan to have the program…
News
London calling
“Canada is producing the most interesting development projects in the mining industry anywhere in the world.” The speaker isn’t one of our trade commissioners or a Vancouver stock promoter. He is gold…
METAL MARKETS Copper to defy seasonal factors
The near future looks most encouraging for copper, reports Shearson Lehman Brothers in its latest quarterly report on the base metal. The New York company is forecasting that copper will continue to d…
REPORT FROM CALGARY Alberta juniors coast to coast
With the summer field season moving into the second half, Alberta resource companies are well represented all across Canada. Mostly Calgary-based, the majority are conducting gold searches in the Nort…
Giant Yellowknife, a long-term bet
For investors on the lookout for a long-term bet with above average potential, Merrill Lynch mining analyst Robert Cook is recommending Giant Yellowknife Mines. One of Canada’s “major league” gold pro…
SUPPLIERS’ NOTES Drillco Industrial Canada
Drillco Industrial Canada, a manufacturer of rotary drilling tools, has pruchased the Canadian division from the U.S.-based parent company. Dic has retained its previous clients and conducts business …
50 Years Ago AUGUST, 1937 HIGH GRADE SHOW AT SACHIGO RIVER
The last word to The Northern Miner from the Sachigo River Exploration propert y is that drifting on the second level has gone 110 ft, running 2.64 oz, across an average width of two feet. The ore is …
SUPPLIERS’ NOTES VIBCO Inc.
A new 44-page catalogue for people interested in industrial vibrator usage is available from VIBCO Inc. of Wyoming, R.I. The catalogue is designed to help the customer select the proper vibrator for h…
THE EDITORIAL PAGE A gold producer’s Mecca
With minimum wages standing at $36(US) per month and some of the most lucrative operating conditions anywhere, it is perhaps surprising to learn that only two Canadian juniors are conducting operation…
Metal Prices PRODUCER PRICES (August 03, 1987)
ALUMINUM: MW U.S. Market 73.50 cents -76.00 cents per lb. (July 16, 1987). ANTIMONY: New York dealer $1.07-$1.12 per lb. (July 16, 1987). BISMUTH: New York dealer $3.25-$3.40 per lb. (June 25, 1987). …
Canasil starts exploration work at Toodoggone
A phase one exploration program has begun on Canasil Resources’ Toodoggone area property north of Smithers, B.C. Work will include the evaluation of a breccia zone where anomalous gold and silver valu…
Hope Brook entering production
On the remote southwest coast of Newfoundland, where the caribou outnumber the people, a gold mining crew is feeling triumphant. Its year-long struggle with the elements is starting to pay off. The he…