Editorial An $8-billion vote of confidence
We always knew that gold was a good thing. But what finer affirmation of that thinking than the $6.1 billion(US) that two mavericks of Australian and American business are willing to put up in order t…
News
Perrex Resources to get interest in Yukon silver
Alberta-listed Perrex Resources and Yukon Minerals have agreed to allow Perrex to earn an undivided interest in a couple of silver properties in the Yukon. Under the terms of the first agreement Perre…
Audrey finds showing near Belleterre mine
Three wide quartz veins have been discovered in a stripping program on the Belleterre property near Temiscamingue Lake, Que. The work, being carried out by Audrey Resources as operator of joint ventur…
Canadian postal dispute (September 07, 1987)
There is a possibility of a dispute in the Canadian postal service within the next few weeks, which would disrupt mail service. Should this happen, subscribers in Toronto, Montreal and Vancouver may o…
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 …
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 …