Book Review Oil prospecting
Walter Guppy has probably seen more of Vancouver Island than any other prospector alive today and he’s recounted his experiences in a paperback called WetCoast Ventures: mine finding on Vancouver Isla…
News
Canadian-United says Teeshin option on Dome Mountain project
The fight has been going on for years but Canadian-United Minerals (VSE) may at long last have the upper hand in its dispute with Teeshin Resources (VSE) over the Dome Mountain project northeast of Sm…
Gibraltar mine back in operation
Striking employees of Gibraltar Mines’ (TSE) copper mine and mill near Williams Lake, B.C. accepted an offer by the company to settle a 6 – month work stoppage. Art Brown, mine manager, said the propo…
Little Stu;; cents cents cents rp cents cents ertu gets gppd
Partners Westmin Resources (TSE), Tanqueray Resources (VSE) and Estaurum Mines (ASE) continue to receive encouraging results from drilling on their Little Stull gold property in Manitoba. Results from…
Biron Bay options NovaGold gold bet
A definitive agreement is expected within 3-4 weeks which will see a 78% interest in the Summit gold property in New Mexico go to Biron Bay Resources (TSE) and Steeple Rock Mining in exchange for expl…
Palladium maintains steady support
Not as volatile in the marketplace or as expensive as its sister- metal platinum, palladium nevertheless has achieved a following which is keeping its supply more or less in balance with demand. Tendi…
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…