Editorial To which we say, amen
From an address by Harry M. Conger, chairman of Homestake Mining and chairman of the American Mining Congress: If there is one thing America needs today, it is renewed confidence in our own free ent…
News
Metal Prices FREE MARKET London Metal Exchange (April 27, 1987)
Spot closing prices in Pound Sterling per tonne Date April 21 April 20 April 17 April 16 April 15 Copper 914.5-915.5 N/A N/A 924-926 915-916 Lead 398-399 N…
Jonpol to drill on Gowest property
A 20,000 ft diamond drilling progam is slated to start in May by Jonpol Explorations on the Denton Twp., Ont., property of Gowest Gold Resources. The two companies entered into a recent agreement wher…
News in Brief (April 27, 1987)
Starmark Resources has changed its name to Transglobe Resources on a 1-new-for-3-old share basis.
Intnl. conference on ground control
A call for papers is being issued for the seventh international conference on ground control in mining, to be held Aug 3-5, 1988, at Morgantown, West Virginia. Papers are invited in the field of groun…
Northair “will oppose” Nor-Quest takeover offer
Saber rattling sometimes occurs before outright war but the big guns are firing already in a proposed takeover offer for Northair Mines by Nanaimo-based Nor-Quest Resources. Incensed by an offer which…
Platinova enters into three deals
Platinova Resources, a private company and a subsidiary of Toronto-listed Black Hawk Mining, has entered into three separate agreements on three of its properties. The first is with Cominco Ltd. on th…
Exall joins Denison in Ghana gold project
A third partner is joining Denison Mines and Sikaman Gold Resources on the quest for the yellow metal on the original Gold Coast in the Republic of Ghana, West Africa. Toronto-listed Exall Resources i…
Montreal Exchange Rouyn completes funding
It was an up-and-down week for the mining and minerals index on the Montreal Exchange, although resource issues continued to trade actively. Rouyn Resources of Rouyn, Que., which earlier this month co…
Westfield and partners cut low grade in Newfoundland
Additional drill results have been released by partners Westfield Minerals, The Coniagas Mines and Anglo Dominion Gold Exploration from their Little River property in Newfoundland. Westfield, which ho…
Gordex to convert to vat leaching
Based on results of 92 drill holes on 12.5-m spacings, reserves at Gordex Minerals’ Cape Spencer gold mine stand at one million tons grading 0.057 oz gold per ton. Located northeast of Saint John, N.B…
Net asset value up 57% for BGR
The net asset value of BGR Precious Metals for the year ended Jan 31 was $81 million, an increase of 57% from last year, President Ned Goodman reports. Of that total, $14.3 million represents the addi…