Letter to the Editor Golden Rose history
In your paper of Nov 21, page 13, was an article on Noramco that interested me greatly. In that story, reference is made to the Golden Rose mine of Ontario. I would like to know if it is the Golden Ro…
1988
Metal Prices PRODUCER PRICES (December 26, 1988)
ALUMINUM: MW U.S. Market $1.10-$1.13 per lb. (Dec 15, 1988). ANTIMONY: New York dealer 95 -$1.00 per lb. (Nov 3, 1988). BISMUTH: New York dealer $6.50-$6.65 per lb. (Dec 15, 1988). CADMIUM: New York d…
John Hansuld – 1988’s Mining Man of the Year
In an industry where the brightest geologists often go unrewarded with even one major discovery, the development of a gold mine is considered an achievement not to be taken lightly. So when a junior r…
T. R. V. Minerals
T. R. V. Minerals (VSE) says it has accepted a proposal for a private placement of 8.5 million shares at 15 per share. Also included in the placement are warrants to purchase an additional 8.5 millio…
Golden Terrace option
Golden Terrace Resources (TSE) has acquired an option to earn a 50% interest in the DeSantis gold property near Timmins, Ont. The option was acquired from Stan North Mining, a private company controll…
Mexican copper showings, mexican buses and mexican blondes
In 1975 I was cruising around the State of Guerrero, Mexico looking at showings and my travels took me through Chilpancingo, the capital of that state. I looked up a man whose first name was Francisco…
Northgate earnings
Northgate Exploration (TSE) of Toronto reports net income for the 3-month period ended Sept 30, of $216,000 or 1 per share on revenue of $5.1 million. For the same quarter a year earlier the company …
Rockford, Ranger merger
Toronto-based Rockford Minerals (TSE) and Northern Ranger Minerals (ASE) recently gained shareholder approval for a plan to combine their assets into a new company called Rockford Minerals Inc. (TSE)….
Skyline modifying milling process at Johnny Mountain
A number of modifications to the 300-ton-per- day mill operating at Skyline Explorations’ (TSE) Johnny Mountain mine in northwestern British Columbia are expected to increase recoveries to 90% and bri…
Augmitto withdraws prospectus offering
Poor market conditions have forced Augmitto Explorations (TSE) to withdraw its prospectus offering in Quebec and Ontario, a move which could push back the planned opening in April of its Beauchastel g…
Books Premise examined
The Centre for Resource Studies examines the wide-held premise that “more remote” means “less economic” for mineral exploration and development. The economic analysis and comparison of mining potentia…
Esso to spend $1 million at Springhill
Esso Resources Canada, a wholly- owned subsidiary of Imperial Oil, is planning to spend $1 million on exploration to assess some coal deposits near Springhill, N.S. The program will include field mapp…