ODDS ‘N’ SODS — Arc welding comes of age
Arc welding has become a standard procedure in many fabrication processes, thanks in part to Bill White, who served as master mechanic at the Paymaster gold mine near Timmins, Ont., in the 1930s.White…
News
EDITORIAL — 1997 a walk on the wild side — Scams and skulduggery
Last year came in like a stampeding bull and went out like a lazy bear ready to hibernate. During the months in between, investors watched in horror as an assortment of scam artists unleashed a bag of…
STOCK MARKETS — Western markets end year with a whimper — Canadian juniors show little
signs of life over holiday periodVisions of sugar plums and the trials and tribulations of last-minute shopping appear to have dominated the time and attention of investors over the holiday period.Wes…
METAL PRICES — Daily Metal Prices (January 05, 1998)
BASE METALS (London Metal Exchange-Midday bid/ask prices in US$ per tonne)DateDec. 29Dec. 24Dec. 23Al Alloy13…
OBITUARY — Egil Lorntzsen
Egil Lorntzsen, who discovered copper in Highland Valley, B.C., has died.He was 89.Born and raised in a Norwegian fishing village, Lorntzsen emigrated to Canada in 1932. He worked his way westward, an…
Pierre Lassonde, Seymour Schulich named Mining Men of the Year
They call themselves “miners in Gucci loafers,” — a suitable moniker for Pierre Lassonde and Seymour Schulich, considering that they make up one of Bay Street’s most financially successful gold minin…
correction
Fairstar Explorations (FFR-M) plans to carry out a bulk sample in the order of 300-400 tonnes at the Fenelon A gold project in northwestern Quebec. Incorrect information appeared in our Dec. 8-14 issu…
Correction (December 29, 1997)
Minpro International will be the name applied to the new company formed by the merger of Oro Blanco (ORBL-C) and privately owned Minpro. The company will trade on the Canadian Dealing Network under a …
Banro cuts more gold
Banro Resource (BNRS-C) has hit another long gold intersection at its Twangiza gold project in the Democratic Republic of Congo.Hole 3 hit 328 metres (from 126 to 454 metres) grading 1.64 grams gold p…
GOLD FUNDS (December 29, 1997)
Gold Funds as of December 18, 1997BGRCentralNet Value$14.70$6.12Price$10.05…
Geomaque gives boost to Vueltas del Rio deposit
Ongoing metallurgical studies have allowed Geomaque Explorations (GEO-T) to increase resources for the San Juan zone on its advance-staged Vueltas del Rio gold project in northwestern Honduras.Resourc…
Placer and Cortez return to court to settle royalty claim
Placer Dome (PDG-N), Cortez Gold Mines and ECM, a private company, may soon return to court to settle their differences regarding the Pipeline deposits in central Nevada.The U.S. Ninth Circuit Court o…