Rogi option
An option has been acquired by Exploration Rogi (ME) of Val d’Or, Que. to acquire 28 claims in Villebon Twp. from Raymond Houle and Gustave Cere. To earn its title, Rogi must spend $100,000 on explora…
News
Ontario’s new Mining Act approved by legislature
Supported by all three political parties, Ontario’s new Mining Act sailed through the provincial legislature this fall gaining Royal assent on Dec 6. “After 73 years, Ontario now has a new Mining Act …
Editorial A Christmas hint
Just when it seemed like strong metal prices were going to ensure a happy New Year for everyone in the mining game, what happens? The value of the Canadian dollar climbs to its highest level this deca…
Metal Prices PRODUCER PRICES (December 18, 1989)
ALUMINUM: MW U.S. Market US76.00 cents – 77.00 cents per lb. (Nov 30, 1989). ANTIMONY: New York dealer US81 cents -84 cents per lb. (Nov 30, 1989). BISMUTH: New York dealer $4.50-$4.60(US) per lb. (N…
Letters to the Editor Geco discovery clarification
I have just read the “Odds ‘n’ Sods” (“Manitouwadge Messenger Travelled by Canoe,” N.M., Nov 20/89) by S. J. Hunter. While I do not wish in any way to detract from the part played by Moe Moleski in th…
Aber drilling NWT base metal bet (December 18, 1989)
A drill program by Aber Resources (VSE) is under way on the Victory Lake base metal prospect 40 miles east of Yellowknife, NWT. President Grenville Thomas said the objective is to prove up further dep…
Metal Prices (December 18, 1989)
FREE MARKET London Metal Exchange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Copper 1471-1473 1493-1495 1516-1518 1526-1528 1525-1526 Lead 434-435 448…
Bethlehem to reopen Goldstream copper mine
Management at Bethlehem Resources (VSE) is confident that the Goldstream copper-zinc property, 80 km north of Revelstoke, B.C., will soon be brought back into production. Bethlehem and Goldnev Resourc…
Rayrock optimistic on potential to expand Stonehouse
Possibilities are good for an expansion of the Stonehouse gold deposit toward the west, Rayrock Yellowknife Resources (TSE), the project operator, says. Situated in Nevada near Rayrock’s Marigold mine…
Alberta Stock Exchange Naxos again
The Naxos Resources issue continued its upward spiral, thanks to the work the company is doing on a 6,800-acre claim block in the Shumway Lake area south of Kamloops, B.C. Trading on 575,300 shares, N…
Belmoral interested in Wrightbar drilling
Belmoral Mines (TSE) is watching with interest the drilling program being undertaken on the southern portion of the Bourlamaque Twp. property of Wrightbar Mines (ME) in northwestern Quebec. Wrightbar,…
SOB demands second study for Prime/Calpine merger
In a surprising about-face, the Vancouver Stock Exchange has backed away from its earlier request that a second independent valuation be done for the proposed merger of Calpine Resources (VSE) and Pri…