News


Ramp nears target at Eagle River bet

An underground ramp into the main gold zone on Central Crude (TSE) and Hemlo Gold’s (TSE) Eagle River joint venture property near Wawa, Ont., will reach its objective this month. The 1,750-ft decline …


Mine design congress

Queen’s University in Kingston, Ont., will host the International Congress on Mine Design Aug 23-26, 1993. The congress will cover all aspects of underground and open pit mines in both hard and soft r…


Obituaries J.E. `Jerry’ Jerome

Jas Edward (Jerry) Jerome died recently in Temiskaming, Ont., at age 85. Jerome graduated in 1926 from Queen’s University with a degree in mining and metallurgy. After beginning his mining career in B…


Toronto Stock Exchange Indices (August 21, 1989)

1989 Aug 15Aug 14Aug 11Aug 10Aug 9HIGH LOW Composite 4002.093994.273996.354019.624003.674019.623353.13 Metals & Minerals3778.093733.633720.383715.793717.923778.093207.50 Integrated mines3964.653919.17…


007 reports results

Narrow gold intersections have been obtained by 007 Precious Metals (VSE) at its Rainbow Island gold property in the Sturgeon Lake area of northwestern Ontario. The best assay result from seven shallo…


News in Brief – Dividends (August 21, 1989)

Hudson Bay Mining and Smelting Co. Ltd. (TSE) has declared a 7 cents dividend on its common shares for the two quarters ended Sept 30, payable Sept 15 to shareholders of record Aug 15. The company has…


Tunnelling symposium

An international symposium on tunneling and underground space development is set for Tokyo on April 9-12, 1990. The symposium will cover topics such as developing underground resources, technology, eq…


Beaufield drilling (August 21, 1989)

Falconbridge Ltd. (TSE) and Beaufield Resources (TSE) have started another drill program on their East Rouleau gold project near Lac Berry, Que. The drill program will test targets identified by groun…


FUTURES PRICES (August 21, 1989)

N.Y. Commodity Exchange Week’s High Low Close Change COPPER (in US cents per lb.) Aug121.85 121.85 121.85 + 11.15 Sep122.50 118.80 121.50 + 11.40 Dec119.60 116.30 11…


Gold funds as of August 15

MPV BGR Central Capital Net value$11.78 $ 5.89 $0.57 Price$10.375 $ 5.88 $0.36 Discount 11.93% .3% 36.8% Value$70,145,045.73 $99,142,913 N/A…


Jack McOuat honored

Dr Jack McOuat of Watts, Griffis and McOuat Ltd. has been named an officer of the Order of the Sons of Martha by the Association of Professional Engineers of Ontario. The honor is in recognition of Mc…


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