Environmental institute could reduce conflicts
The newly-formed B.C. Environmental Information Institute hopes to reduce resources conflict in British Columbia by providing current and accurate information on land use. Letters of incorporation for…
News
Hansuld considers future after Canamax departure
John Hansuld is contemplating his future in the mining industry after resigning recently as president and director of Toronto-based Canamax Resources (TSE). Reached at his home in Mississauga, Ont., H…
Timmins Report The end of MEDA hurts exploration
Exploration activity in the Porcupine gold mining camp has dropped dramatically, hit hard by the end of the mineral exploration depletion allowance (MEDA) “Exploration is coming to a screeching halt,”…
Golden Bear cost doubles putting project at risk
The Golden Bear project of North American Metals (VSE) and Chevron Minerals in northwestern British Columbia could be in jeopardy because of higher than anticipated start-up costs according to North A…
Hecla purchasing Apex mine in Utah
The troubled Apex germanium- gallium mine and processing plant in Utah is being acquired by Hecla Mining, which will pay $5.5 million (US) and bring the mine back into production this year. Hecla will…
Spot prices at a glance (March 27, 1989)
Price Week’s ($US) Change($) Gold* 393.40 1.05 Silver* 6.06 0.07 Platinum* 544.65 0.90 Nickel** 7.35 0.41 Lead** 0.27 Copper 1.49 0.01 Zinc 0….
Black Hawk drilling Perth graphite bet
A diamond drill program using three machines is continuing on an Ontario graphite property under option to Black Hawk Mining (TSE) from Lodi Metals (VSE). The property is 14 miles southwest of Perth, …
Minnova, HSK deal
A joint venture agreement has been signed by Minnova Inc. (TSE) and HSK Minerals (TSE) on an 86-claim gold and base metals prospect near Mine Centre, Ont. Minnova earned a 51% interest in the claims a…
Vancouver Stock Exchange Resource issues continue to slide
The use of higher interest rates to battle inflation and consequently slow economic expansion is clearly reflected here in an extremely lacklustre market for resource issues. As long as interest rates…
Ontario mining industry set new record for safety
The Mines Accident Prevention Association of Ontario (MAPAO) recently released figures that reveal the lowest accident frequencies ever recorded in the history of Ontario’s mining industry. At the en…
Blue Emerald Plans Surface Work for New B.C. Projects
As soon as weather conditions permit, Blue Emerald Resources (VSE) plans to begin a comprehensive exploration program on two recently optioned claim blocks located about four miles west of Calpine Res…
Rich silver for Acadia
High grading silver values have been assayed from two drill holes completed by Acadia Mineral Ventures (TSE) and Seabright Explorations (TSE) on their Tetagouche property, 30 km west of Bathurst, N.B….