Mining engineers
Reno, Nevada will be the site Oct. 13-15 of a presentation Gold Exploration; Techniques and Problems by the Society of Mining Engineers. Technical sessions will include such topics as new models for g…
News
Busy year for Power at Opapimiskan bets
In a busy year, Power Explorations (TSE) spent $8.6 million on a number of gold properties in the Opapimiskan Lake, Pickle Lake and Dryden areas of northwestern Ontario. The company recently increased…
Cusac boosts interest in Montana project
With production about to commence at the Cruse Belmont gold- silver project near Helena, Mont., Cusac Industries (TSE) reports it has increased its participation from 30% to 50% in the property throug…
Placer Dome controls Craibbe-Fletcher Gold (July 11, 1988)
While no further work is contemplated at the present time on the Red Lake area gold property of Craibbe-Fletcher Gold Mines (COATS), at such time as access can be provided from the underground working…
First Toronto president says firm a `mining house’
Lest there be any doubt, First Toronto Capital (TSE) is “first and foremost a mining house,” President Chrisilios Kyriakou told shareholders at the annual meeting in Toronto. First Toronto, which went…
Villeneuve stakes granites, expands in Mishibishu camp
Villeneuve Resources (VSE) has completed the staking of four additional claim blocks in the Mishibishu area west of Wawa, Ont. The staking has increased the company’s ground position in this camp to 2…
Record value in ’87 for Ont. minerals
The total value of minerals produced in Ontario in 1987 was estimated to be $5.7 billion, the highest such value recorded by the province and up 17.2% from 1986. According to Ontario Mineral Score 198…
Parquet seeking project partner
Joint venture proposals are being reviewed by Parquet Resources (TSE) for exploration work at its Courville Twp. gold property near Val d’Or, Que. President William Plexman says funds are being sought…
Inco earmarks $10 million for Wilanour work
Inco Gold, the wholly-owned affiliate of Inco Ltd. (TSE), is planning an $8-$10-million underground exploration program on the Wilanour gold property near Red Lake, Ont. Inco Gold is the operator of t…
Que. mineral value jumps 24% in 1987
Mineral shipments in Quebec in 1987 were worth $2.71 billion, up 24% compared with the previous year, the province’s Ministry of Energy and Resources reports in its publication Mineral Resources. Expl…
Antimony sales help boost coffers of Dominion Explorers
Sales of antimony from its New Brunswick mine helped Dominion Explorers (TSE) record net income of $1.14 million (3 cents per share) in 1987 compared to a loss of $712,848 (3 cents per share) the ye…
Metal Prices FUTURES PRICES (July 11, 1988)
N.Y. Commodity Exchange Week’s High Low Close Change COPPER (in US cents per lb.) Jul 102.50 100.30 100.50 — 4.90 Sep 97.00 94.30 9…