Vancouver Stock Exchange (November 07, 1988)
Although eastern markets and the Canadian dollar slumped in sympathy with the Tory drop in the polls, the VSE ignored all that and had one the busiest, most exciting trading periods seen here for quit…
News
United Keno losses
United Keno Hill Mines (TSE), an affiliate company of Falconbridge Ltd reported another loss, this time for the third quarter ended Sept 30. For the period, the silver mining company lost $1.9 million…
Panorama developing Platoro project
Since taking over as operator of the Platoro project in southern Colorado just over a year ago, Panorama Resources (VSE) completed 1,500 ft of drifting on the 9,700-ft level and drove a decline to the…
Investment Comment Corona warrants deserve close look
Two recent events may be causing some of our readers to take a closer look at the warrants being offered by Corona Corp. (TSE). Those events are the merger of Corona’s five predecessor companies (Inte…
New reserves for Cathedral
A new reserve estimate has been prepared for the AT zone at Cathedral Gold Corp.’s (TSE) Porcher Island property 35 miles south of Prince Rupert, B.C. The latest estimate is based on 78 holes represen…
Stratmin graphite mining set for February, 1989
Stratmin Inc. (ME) has signed a 15-year agreement with Asbury Graphite Mills which gives Stratmin the right to lease and operate Asbury’s mill near Notre- Dame- du-Laus, Que. The lease will enable Str…
Letters to the Editor Geological grads better equiped
I have pondered for several years the potential role of mining geologists in rock mechanics/strata control aspects of mining, and agree with the comment in your editorial (N.M., Oct 17/88. “Rock mecha…
Zinc refuses to be left behind
While attention has been focused on the price of copper of late, another base metal has been showing its strength. Zinc is on the move after a summer lull, the spot price of the metal recently hitting…
Trout Lake (November 01, 1988)
We pulled on overalls, stepped into high rubber boots, donned hardhats, checked our lamps and got into Mine Foreman Reg Swain’s new Toyota Jeep. As daylight faded behind us, our eyes adjusted to the g…
Core Shack NAMEW LAKE NICKEL (November 01, 1988)
The Namew Lake nickel-copper deposit, 60 km south of Flin Flon, Man., hosts diluted recoverable ore reserves of 2.58 million tonnes grading 2.44% nickel, 0.9% copper, 0.102 g gold per tonne, 4.11 g si…
Law INFORMATION PLEASE (November 01, 1988)
Without accurate and complete information, no decision can be made, regardless of subject matter. How can a geologist or mining engineer recommend the acquisition of a property or the commissioning of…
STATISTICAL GEOLOGY (November 01, 1988)
Ore reserves and grade control can be managed dynamically to satisfy both mineral processing and management requirements by shipping a balanced mill feed grade and adjusting mine-planning to economic …