Photo by The Northern Miner (July 24, 1989)
The primary crusher at the Gilt Edge mine. If proposed expansion plans meet stiff environmental standards, Gilt Edge could rival North Carolina’s Ridgeway mine as a low grade, high tonnage producer.
News
Sikaman’s Ghana assets to include placer bets
Toronto-based Sikaman Gold Resources (TSE) is planning to expand its interests to include two placer gold mining concessions in Ghana by amalgamating with Shefford Resources. Scheduled to be in produc…
Goldstake hunts for gold in Homestake’s shadow
For better than a century the Homestake mine has had the underground potential of the Black Hills beneath this town all to itself. Goldstake Explorations (TSE) has changed that. It has acquired a piec…
Editorial The value of exploration
It has always been difficult to quantify the value of grassroots exploration work. Without that work there would be no mineral discoveries, yet the scraping and scuffing of exploration hardly seems to…
Public meetings favorable for Mount Polley
Development plans for the Mount Polley copper- gold project were reviewed in a series of public information meetings held in the communities of Williams Lake, Likely and 150 Mile House, all in British…
High grade Orex results dispute original drill assays
A series of unusually rich assays released by Orex Exploration (ME) from four drill holes which previously returned marginal results are being treated with caution by members of the mining investment …
Horne acid plant nears completion
Construction of a pollution-fighting acid plant is nearing completion here at the Horne copper smelter. The plant, which is designed to reduce smelter emissions by half, should be up and running by th…
Giant Yellowknif’e Akaticho slowed by TSe dispute
A difference of opinion involving Giant Yellowknife Mines (TSE) and the Toronto Stock Exchange has brought exploration almost to a standstill at the Akaitcho mine property near Yellowknife, N.W.T. The…
Tough environmental hurdles faced by MinVen’s Gilt Edge mine
MinVen Gold Corp. (TSE) is hoping environmental authorities in this state, known for its stringent environmental standards, will give a green light to a proposed mine expansion. If that happens, MinVe…
Trader releases results from Macklem claims
Trader Resource Corp. (TSE) of Toronto has released a preliminary report on its gold property in Macklem Twp., near Timmins, Ont. optioned from Ronnoco Gold Mines (COATS). Results from 16,839 ft of di…
Metal Prices (July 24, 1989)
FREE MARKET London Metal Exchange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date July 18 July 17 July 14 July 13 July 12 Copper 1552-…
Golden Bear project gets $31 million boost
Despite a somewhat rocky and tenuous start on the road to production, it appears that construction of the Golden Bear mine project in northern British Columbia is firmly on track for planned completio…