Profile A Miner at Heart
When John C. White was still at the lower levels of the pecking order at the Madsen Red Lake mine in the late 1950s, he and veteran geologist Doc Bishop would occasionally meet in the mine staff house…
News
CANMET’s goal to strengthen private sector
The Canadian Centre for Mineral and Energy Technology (CANMET) says that 1988 saw it embark on a plan to change the thrust and composition of many of its programs. The new plan focused on fostering cl…
Metal Prices PRODUCER PRICES (January 02, 1989)
ALUMINUM: MW U.S. Market $1.11-$1.12 per lb. (Dec 22, 1988). ANTIMONY: New York dealer 96 -$1.01 per lb. (Dec 22, 1988). BISMUTH: New York dealer $6.55-$6.75 per lb. (Dec 22, 1988). CADMIUM: New York …
Vancouver Stock Exchange (January 02, 1989)
With 1988 coming to an end, the Vancouver market trend can only be described as “sideways” which is probably understandable. Throughout the year Prime Group companies have pretty well dominated tradin…
Pacific Trans-Ocean officials in post-Ketza limbo
Pacific Trans-Ocean Resources (ASE) President Frank Agar and a number of the company’s leading executives face an uncertain future following a recent bid by Belmoral Mines (TSE) of Toronto for the tro…
Editorial In perspective
For those environmentalists who think mining is nothing more than a blight on the land doing untold damage, consider these numbers provided by the government of Ontario, the country’s most active mine…
Quebec boosts tax deduction for mining-firm investors
Flow-through financing for mining exploration may not be as much in the news as it once was in other parts of Canada, but in Quebec the investment scheme is alive and kicking. Whereas in the other pro…
Freeport/Vananda report assays from Texada Island project
Significant gold, copper and silver mineralization was intersected in recent drilling on the Texada Island project near Vancouver, B.C., a joint venture involving Freeport McMoRan Gold (NYSE) and Vana…
Strong metal prices pull commodity index
A surge in metals prices helped Scotiabank’s all-commodity price index advance by 1.8% in November. Metals prices increased by 6.1% compared with October, while oil and gas, forest products and agricu…
Cross Lake in venture with Golden Dragon
A joint venture agreement has been entered into by Cross Lake Minerals and Golden Dragon Resources (VSE) on a 35-claim property in Wilhemina Twp., north of Timmins, Ont. Cross Lake President R. S. Mid…
Market turns for custom copper concentrates
The non-communist world’s sub-market for custom copper concentrates has developed pronounced “boom-bust” cycles of 3-4 years duration since the oil crisis of 1973, writes Metals & Minerals Research Se…
Tarzan completes phase I drilling on Joburke property
The first phase of diamond drilling has been completed on the Joburke gold property held by Tarzan Gold (ASE) under option from Noranda Inc. (TSE). Located near Timmins, Ont., the Joburke was a former…