The Editorial Page South African strike
Now slipping dangerously onto centre stage in an increasingly troubled world are the striking black South African gold miners. It’s an explosive situation in that already politically torn and divide…
News
Brunswick Mining has second quarter earnings rebound
In comparison with the same period last year, Brunswick Mining and Smelting Corp. has reported a dramatic turnaround in its earnings position for the six months ended June 30. The company recently rep…
Cogema Canada acquires interest in Amok Ltd.
A 75% interest in Saskatoon- based Amok Ltd. has been acquired by Cogema Canada, a wholly-owned subsidiary of Cogema of Paris, France. Amok was 38% owned by the French Cogema parent and 37% by a Gogem…
Metal Prices FREE MARKET Spot Gold, Silver, Platinum and Palladium (August 17, 1987)
Aug. 11 Aug. 10 Aug. 7 Aug. 6 Aug. 5 Gold London Bullion Dealers afternoon (morning) $US per oz. 461.20(463.20) 461.10(459.50) 464.10(464.00) 468.70(468.85) 469.80(469.85) Gold Bank of Nova Scotia, …
Robex planning barite project
A subsidiary has been formed by Robex Resources of Quebec City for the purpose of bringing into production a barite deposit located in Upton Twp. in Quebec’s Eastern twps. The company hopes to have th…
Metal Prices FUTURES PRICES (August 17, 1987)
N.Y. Commodity Exchange Week’s High Low Close Change COPPER (in US cents per lb.) Aug. — — 79.60 + 0.55 Sept. 79.45 78.60 79.40 + 1.05 D…
Maufort encouraged by drill results
A continued gold-bearing structure 141 ft in width has been intersected by drilling at a vertical depth of 1,400 ft at the Siscoe Extension project in northwestern Quebec, Maufort Resources reports. H…
Geraldton-Beardmore booms
The entire Geraldton-Beardmore greenstone belt, which in its heyday boasted a dozen producers that turned out over four million ounces of gold, is once again bustling under a full-scale exploration bo…
COATS Trading Features (August 17, 1987)
Trading on the coats system is proving to be a big success. For the month of July, data shows that volume totalled more than 43 million shares for a value of $138.2 million. One of the more active iss…
THE EDITORIAL PAGE A crisis in mining education
There could be something of a crisis looming for mining companies looking to recruit professional and technical personnel for their future operations from Canada’s schools. The past few years of poo…
Drilling program begins at Dore/Orofino project
Orofino Resources of Toronto has begun a 4,000-ft diamond drilling program on two joint venture properties at Vermillion Lake, near Mine Center in northwestern Ontario. Part of a major shear zone and …
Obituary William Harvey Gross
One of Canada’s most famous economic geologists, William Harvey Gross, has died. Dr. Gross, who was born in New Westminster, B.C., in 1917, first became interested in mining while working as a mucker …