Annual SME meeting
More than 5,000 delegates are expected to attend the annual meeting and exhibit of the Society of Mining Engineers set for Feb 27-March 2, 1989, in Las Vegas, NV. To be held in conjunction with the an…
News
Stratmin establishes graphite reserves
Reserves of graphitic material at its Mont Laurier, Que., deposit are estimated to be 23.7 million tonnes, Stratmin Inc. (ME) reports. Results to date from ongoing drilling and from a 44-tonne bulk sa…
Echo Bay executives appointed to board of McNellen Resources
With a $50- million investment in the Muscocho Group of companies including McNellen Resources (VSE), Echo Bay Mines (TSE) is set to play a much larger role in Eastern Canada’s gold mining industry. U…
Production possible by mid-1990: Yorbeau
Production at the Astoria property near Rouyn-Noranda, Que., could be 18 months away, the president of Yorbeau Resources (TSE), Karl Glackmeyer, told shareholders at the annual meeting in Montreal. “W…
PRODUCER PRICES (July 18, 1988)
ALUMINUM: MW U.S. Market $1.22-$1.27 per lb. (July 7, 1988). ANTIMONY: New York dealer $0.95-$1.05 per lb. (July 7, 1988). BISMUTH: New York dealer $5.60-$5.75 per lb. (June 23, 1988). CADMIUM: New Yo…
Montreal Exchange Downturn in market
Whether or not the extra warm weather of late is responsible, something has caused a downturn in the market. While daily trading volumes the past week have been fairly constant (in the 4.8 million-to-…
Huntington discovery has epithermal characteristics
The gold discovery on Huntington Resources’ (VSE) Brett property near Vernon, B.C., is not your typical epithermal gold deposit, says project geologist Werner Gruenwald. One of the things that makes i…
COATS Trading Features (July 18, 1988)
Midrim Mining traded more than one million shares this week to a high of 23 cents . The company’s main asset is a 45% interest in Marvic Resources, a private company holding several gold properties in…
Gold production in 1989 at Viceroy California bet
With final permitting expected by January, Viceroy Resource Corp.’s (TSE) Castle Mountain property in California should begin production in mid-1989. Addressing the annual meeting recently, D. Ross Fi…
Canamax ups stake in Bell Creek mine
Canamax Resources (TSE) has acquired the remaining 50% interest in the Bell Creek gold mine from Pamorex Minerals (TSE). The mine is located near Timmins, Ont. Canamax, which owns the other 50% stake,…
Pioner gold loan
A 52,000-oz gold loan has been completed by Pioneer Metals Corp. (TSE) which will fund the company’s share of capital costs at the Premier gold project in British Columbia. Having a value of $28.75 mi…
Corona expands position in Tigris B.C. claim group
Expanding its already sizeable land position on Nickel Plate Mountain near Hedley, B.C., Corona Corp. (TSE) has assumed Lacana Mining’s interest in the large claim group held by newly-formed Tigris Mi…