News

50 Years Ago YELLOW TIDE FLOWS TO AMERICA

Pouring in panic across the Atlantic, gold has fled Europe like a refugee from a battlefront. Nothing, in size, to compare has been seen before. The amount received, monthly by the U.S., a little by C…


Historical plaque to be unveiled at Brittania

A plaque commemorating the historic mining town of Brittania Beach, B.C., will be unveiled by Mary Collins, M.P., on May 13. A reunion for former employees and residents of Brittania mines will be hel…


50 Years Ago QUERY

Would you consider Teck-Hughes a good mine to invest money in, or is it likely to peter out in the very near future? — A. B. Verdun, Que. Teck-Hughes is not likely to peter out in the near future. Th…


50 Years Ago OPEN MOLYBDENITE AT REGNERY

Bulk sampling on the first level of the Regnery Metals molybdenite property, at Hawk Junction, Ont., has been under way for the past two months and will be completed shortly. Previously, channel sampl…


50 Years Ago NEW WORK PLANNED AT SIOUX GOLD

Sioux Gold Mines, which holds property near the Alcona Mine on the east side of Walton Lake (12 miles from Sioux Lookout, Ont.), is planning an exploration campaign including diamond drilling and surf…


Metal Prices FUTURES PRICES (May 01, 1989)

N.Y. Commodity Exchange Week’s High Low Close Change COPPER (in US cents per lb.) May138.55 136.00 138.30 — 2.60 Jul135.50 132.60 135.40 + 2.20 Sep130.00 127.70 …


50 Years Ago ZINC OUTPUT DROPS

Canada produced 30.6 million lb of zinc during January. In the preceding month 31.9 million lb were produced, while in January, 1938, the output was 34.8 million lb. The average price of zinc on the L…


High Frontier results

High Frontier Resources (VSE) is drilling a gold-bearing zone on its 35-claim Conglomerate Lake property in northwestern Ontario. Held under option from Andaurex Resources (VSE), the property protects…


OFF-HIGHWAY HAULAGE

The following are summaries of a selection of papers delivered at a conference entitled “Off-Highway Haulage in Surface Mines.” Sponsored by the Canada Centre for Mineral and Energy Technology (CANMET…


Tellis cuts deal

A letter of agreement has been entered into between Tellis Gold Mining and a private investor regarding development of the former’s Cimarron gold property in Nye Cty., Nev. The private investor may ea…



AN INVENTIVE MIND

“Vaino Ronka is the only guy I know who can follow you into a revolving door and come out ahead of you.” — Alex Herz, Ronka’s business partner. When geophysicists think of fixed-wing airborne elect…


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