Big crowd in Chicago for Minexpo equipment show
An estimated 18,000 people attended the American Mining Congress’ Minexpo mining and milling equipment show that was held here April 24-28 in the cavernous McCormick Place along the Lake Michigan wate…
News
Plexus financing (May 02, 1988)
A $33-million(US) credit facility has been established by Plexus Resources Corp. (TSE). Completed with Elders Resources Finance, based in Sydney, Australia, the deal also gives Elders warrants with wh…
Profile A GEOLOGICAL PRODIGY Aur Resources President James Gill
“I have been involved in many, many deals over the years, most of them unsuccessful, and it took me a long time to learn that you bet on people, not ideas.” — Leo J. Thibodeau. As he presides over t…
THE SECRET LIFE OF PLANTS
If you’re a geochemist, chances are your next grassroots exploration project will have a better chance of success if you can identify not just rock types in the field but also jack pine, trembling asp…
Trends in underground drilling
When hydraulic drills were introduced in the early 1970s, productivity shot up to an estimated 107 tonnes per man-hour. That compares with 13 tonnes per man-hour produced using the hand- held pneumati…
Metal Prices PRODUCER PRICES (May 02, 1988)
ALUMINUM: MW U.S. Market $1.085- $1.105 per lb. (Apr 14, 1988). ANTIMONY: New York dealer $1.08-$1.13 per lb. (Apr 14, 1988). BISMUTH: New York dealer $5.70-$5.85 per lb. (Mar 24, 1988). CADMIUM: New …
Garrison resumes drilling at Michaud gold property
Drilling has resumed on the 40%-owned Michaud property of Garrison Creek Consolidated (COATS), about 60 miles east of Timmins, Ont., President William Harrison says. The work is being funded by The Co…
SMDC and partners Ramp planned at Fork Lakes
The Fork Lakes joint venture has decided to proceed with a $6-million underground exploration program on the Fork Lakes gold property about 80 miles northeast of La Ronge in northern Saskatchewan. Par…
Nickel price won’t sway Que. Raglan
If the shareholders of New Quebec Raglan Mines (TSE) were hoping that a sudden upsurge in nickel prices would encourage the company to harness its huge nickel deposit at Ungava, Que., they came away f…
Editorial Common sense may yet win out
It’s sometimes difficult to separate reality from wishful thinking when it comes to judging the success of the mineral exploration industry’s campaign to save flow-through financing. The issue itsel…
50 years ago MAY, 1938 LUCKY-KIRKLAND HAS GOOD HOLE
Excellent values have been secured in the No. 6 drill hole at the former property of Baldwin Kirkland, now operated by Lucky-Kirkland Gold Mines, S. L. Macdonald tells The Northern Miner. The drill cu…
Westfield, Goldbrae outline Flin Flon metal deposit
Westfield Minerals (TSE) says a small geological deposit of about 200,000 tons with economic grades of copper, zinc, silver and gold has been outlined on the Big Island Lake property near Flin Flon, M…