Sunmist considering winter drill program
A winter diamond drilling program will be considered by Sunmist Energy ’86 for the company`s Eric Lake gold property, following the evaluation of this summer’s exploration results. Located 50 miles in…
News
Metal Prices FUTURES PRICES (September 21, 1987)
N.Y. Commodity Exchange Week’s High Low Close Change COPPER (in US cents per lb.) Sept. 81.65 80.95 81.30 + 0.40 Dec. 79.90 78.75 79.20 + 0.05 …
Metal Prices FREE MARKET London Metal Exchange (September 21, 1987)
Spot closing prices in Pound Sterling per tonne Date Sept. 15 Sept. 14 Sept. 11 Sept. 10 Sept. 9 Copper 1194-1195 1105.5-1106.5 1084-1086 1098.5-1099.5 1084-1086 Lead 386-387 …
Editorial The “Odds” as history
Professor R. W. Thompkins, of Queen’s University, Kingston, has expressed an interesting and we think valid thought about the value of our regular “Odds ‘n’ Sods” column, carried on this page. “Thro…
Skylark development
Mine development is progressing satisfactorily at Skylark Resources’ ob mine near Greenwood, B.C. By mid- August the decline was down some 1,355 ft and four crosscuts had been completed into the H zon…
MacMillan, Granges busy at Mishibishu
Drilling by partners MacMillan Energy and Granges Exploration on their Mishibishu property west of Wawa, Ont., has cut gold values ranging from 0.13-0.79 oz gold per ton. The drill program is confirmi…
Alberta Stock Exchange Jilbey bucks the trend
Following on market downturns in Toronto and New York, which have seen sharp decreases in share prices, volumes were well down in recent weeks. Even major traders were relatively quiet as investors pl…
Spectacular gold shows made to SMDC, partners
Spectacular shows of gold have been confirmed by the Saskatchewan Mining Development Corp on ground held by the company and partners in the La Ronge area of northern Sask. smdc geologists are taking c…
Tax Angles Flow-through phase-out
It is finally becoming widely recognized that Mr Wilson’s tax reform proposals will gradually reduce the tax advantages of flow- through shares so that, when the reform measures are fully implemented …
Teck Corp’s Highmont plant to join Highland Valley
Much to its relief, Teck Corp. has concluded an agreement to incorporate its dormant Highmont plant into Cominco and Lornex Mining’s Highland Valley Copper project in southwestern B.C. Teck President …
Urangesellschaft planning uranium mine in the N.W.T.
Today, exploration activity in the Northwest Territories is generally directed towards precious metals. The reason? Shipping mineral concentrates out of the north is expensive when compared to a refin…
Red Lake tries old scheme to solve labor shortage
In mine management circles, it’s known as the good news bad news syndrome. The good news is that flow-through financing and higher gold prices have spawned unprecedented numbers of new mines across th…