Lab a memorial to Dr. Duncan Derry
A new electron microprobe lab, built as a memorial to Dr. Duncan Derry (1906-87), opened recently at the University of Toronto. Derry, an Officer of the Order of Canada, was inducted into the Canadian…
News
Agnico-Eagle quarter results reflect Dumagami acquisition
As indicated by Agnico-Eagle Mines’ (TSE) first-quarter results, the Toronto-based gold producer is starting to benefit from a recent amalgamation with affiliate Dumagami Mines. Bolstered by output fr…
Metal Prices (May 21, 1990)
FREE MARKET London Metal Exchange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date May 15 May 14 May 11 May 10 May 9 Copper 1583-1585 1643-1644 1690-1695 1…
Third Eskay zone boosts neighbors
Recent drilling by Prime Explorations below the 21B and 21A zones on the Eskay Creek project north of Stewart, B.C., has encountered a new and discrete mineral zone that lies well beyond existing rese…
Equity Silver Mines earnings drop
First-quarter earnings dropped slightly for Equity Silver Mines (TSE), falling to $4.5 million on revenues of $25.9 million, compared with the previous year’s earnings of $5 million on revenues of $27…
Goldex likes broad widths of GE zone intersections
A $2-million underground exploration drive to determine the size, shape and grade of the Goldex Extension zone near Val d’Or, Que., is now well past the halfway stage. But even though partners Goldex …
William, Billiton test Montgay bet
Five holes tested geophysical anomalies and two other holes tested the depth extension of a known zinc-silver occurrence as part of a drilling program at the Montgay property 55 km northeast of Val d’…
Byproduct mining sends supply of silver soaring
The increasing supply of silver from new mine production is weighing heavily on the price of the precious metal. “Because the large proportion of this production comes from the byproduct mining of cop…
River rafters force Geddes to revise mine plans
The British Columbia government has sent Geddes Resources (TSE) back to the drawing board to further research and revise its mine plan for the Windy Craggy copper deposit in the province’s far northwe…
COATS(over-the-counter) Canquest active again
On the verge of issuing a new prospectus, Canquest Resource traded 289,500 shares, closing up 15 cents at 55 cents for the week ended May 15. Canquest President John Bissett says the company hopes to …
Graphite plays a vital role
Without graphite, the diamond drill bit industry may not have been able to reach its present state of development. Graphite is used in both the mold and mold parts for drill bits. Speer Canada machine…
Gulf takes Asamera off selling block
Gulf Canada Resources has taken the “for sale” sign off the U.S. and Canadian mineral assets of subsidiary Asamera Minerals (TSE). At Asamera’s recent annual meeting in Calgary, Chairman Chuck Shultz …