Toodoggone not up to Iskut River
The Toodoggone area north of Smithers, B.C., will place a distant second to the Skyline-Iskut River region in terms of expenditures and exploration activity this year. Cheni Gold Mines’ (TSE) Lawyers …
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PRODUCER PRICES (June 13, 1988)
ALUMINUM: MW U.S. Market $1.19-$1.23 per lb. (May 26, 1988). ANTIMONY: New York dealer $1.08-$1.13 per lb. (Apr 14, 1988). BISMUTH: New York dealer $5.55-$5.70 per lb. (May 12, 1988). CADMIUM: New Yor…
Amax lacks reserves but shares touted by London analysts
In a recent appraisal of Amax Gold (TSE), London, England- based Barclays de Zoete Wedd says the company suffers from one major problem — it is very short of reserves. While Amax’s Sleeper mine in Ne…
Hot spots are Flin Flon, Snow Lake
As indicated by the number of companies clustered around the Snow Lake area northwest of Lake Winnipeg, in Manitoba there is only one place to be. While government records show that eight other explor…
Ateba leads production comeback in Geraldton-Beardmore aream
Although there have as yet been no major new discoveries in the Geraldton-Beardmore area, there are a number of new developments taking place that hold promise of renewed gold production from that fam…
Pacific Trans-Ocean predicts higher gold output at Ketza
Mill feed at the Ketza River gold project of Canamax Resources (TSE) and Pacific Trans-Ocean Resources (TSE) near Ross River, Yukon, could include refractory sulphide ores in 1991, one of the partners…
Juniors team with seniors
Following the stock market crash of 1987, a flurry of dealing has characterized the Canadian mining industry. Junior explorers, hurt by the market crash, low share prices and rarely beneficiaries of a…
Oz and Norwood active at Forsan
A conservative estimate of reserves at the Forsan gold deposit located southeast of Val d’Or, Que., indicates 311,431 tons grading 0.14 oz gold per ton, Oz Exploration (ME) and Norwood Exploration (ME…
Editorial Canadians shine in U.S. gold race
Because gold mining has once again become a highly profitable business — and with strong evidence that its price will at least hold to around today’s rewarding levels — a worldwide search for this l…
Deep drilling in Nevada stops short for Rayrock
Rayrock Yellowknife Resources (TSE) has turned to a geophysical exploration program on the Dee property in search of further drill targets after deep drilling below the existing open pit gold mine fai…
Uranium pact ensures access to US
Uranium producers in the U.S. have reached agreement-in-principle with Washington on establishment of an acquisition fund for domestic uranium and the removal of any embargo on the use of non-U.S. ura…
Rouyn bulk test results
A 25,000-ton bulk sample from the Francoeur mine property graded 0.197 oz gold per ton, Rouyn Mining Resources (ME) says. Rouyn and Lac Minerals (TSE) share the property near Rouyn, Que., equally. Pro…