News

Noranda to continue exploration on Hislop claims

Further exploration entailing a substantial second phase diamond drill program and an orientation IP survey is planned for the Hislop property east of Timmins, Ont. During 1988, the property was the s…


Franco-Nevada to explore Redstone copper deposit

Franco Nevada Mining (TSE) which holds a royalty interest in the huge Goldstrike gold mine in Nevada, has agreed to acquire a major slice of a large Northwest Territories copper deposit. In a bid to b…


Tarzan to acquire Glen Auden claims

Toronto-based Glen Auden Resources (TSE) has agreed to sell 152 claims at Keith Twp., Ont., to Tarzan Gold (ASE) in return for the $94,000 which the company has already spent on previous work and acqu…


Ateba sampling old Magnet mine workings

Underground mapping and sampling are currently under way on Ateba Mines’ (TSE) Magnet mine property, located 10 km west of Geraldton, Ont. A dewatering program, completed last month, has enabled acces…


Editorial A worthwhile collection

Thanks to the efforts of some tireless volunteers and the generosity of several mining companies, Canada’s National Museum of Natural Sciences may soon be endowed with one of the most remarkable miner…


Metal Prices PRODUCER PRICES (December 05, 1988)

ALUMINUM: MW U.S. Market $1.06-$1.08 per lb. (Nov 22, 1988). ANTIMONY: New York dealer 95 -$1.00 per lb. (Nov 3, 1988). BISMUTH: New York dealer $6-$6.15 per lb. (Nov 22, 1988). CADMIUM: New York deal…


Coal Conference (December 05, 1988)

The second regional conference on coal marketing, technology and mining, which will be held in Brisbane, Aust., from June 5-8 , 1989, will bring together coal suppliers and electricity power generatin…


Call for coal papers

Organizers of the 4th Coal Operators Conference, to be held in Tumbler Ridge, B.C., Sept 13-15, 1989, have issued a call for papers. Papers related to operating functions of producing coal mines or to…


Shortage leads to `black market’ for sodium cyanide

Sodium cyanide, essential in the recovery of most gold produced today, is in such short supply that a “black market” has developed for the chemical driving prices up sharply for those without an assur…


Vancouver Stock Exchange December blahs on the way

Trading activity remains sluggish in Vancouver, as evidenced by the VSE Index which at press time had tumbled to a new low of 799.68. To top that off, glitches in the VSE’s computerized trading system…


Letter to the editor B.C. questionnaires

The British Columbia Ministry of Energy, Mines and Petroleum Resources has engaged the University of Victoria Centre for Public Sector Studies to conduct an evaluation of the FAME Program sponsored by…


Editorial Free trade rumblings

Seismologists will be studying for years the earthquake that shook Eastern Canada recently. Measuring 6.2 on the Richter scale, the earthquake was the strongest on this side of the continent this cent…


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