Alberta Stock Exchange Gold shares drop
Investors reacted negatively to recent declines in the price of gold by launching a sell-off which sent many stocks to new lows during the week ended Oct. 16. Although the turmoil on stock markets has…
News
OBITUARY Fred Gill
Fred Gill, manager of Latin America for Cominco Resources International, died recently. Gill was a passenger in a chartered boat that sank in a sudden windstorm in Chile’s Punta Arenas region. He was …
Ester property drilling returns gold
Recent diamond drilling on the Ester property near Fairbanks, Alaska, has returned some encouraging results. A unit of Inco (TSE) is earning a 70% interest in the property from Silverado Mines (VSE) b…
Vior and partners increase size of Douay West deposit
Societe d’Exploration Miniere Vior (ME) has revised upwards its estimate of preliminary reserves for the West zone of the Douay gold project in northwestern Quebec. The project is 42%-owned by Inco (T…
EDITORIAL Miners meet minister
Ontario’s mining industry got a good look at the province’s new mines minister during the first Ontario Mining Week and apparently liked what it saw. Gilles Pouliot charmed his audience at a reception…
SOQUEM to earn in at Chibougamau bets
SOQUEM, the mining exploration wing of the Quebec government, recently signed separate agreements allowing it to earn a 50% interest in two Chibougamau, Que., properties. Under an agreement with Camec…
Titanium feedstocks considered adequate
Global production of titanium- bearing minerals increased by about 1.2 million tonnes of contained TiO/c2h/ during the 1985-89 period, barely keeping pace with demand for titanium dioxide pigment, whi…
Valdez Gold acquires shares of San Paulo
Ian McAvity, chairman of Valdez Gold, says a total of 3,999,724 shares of San Paulo Explorations (ASE) have been deposited under the company’s recent offer to purchase two million shares of San Paulo….
World’s top mining firms seek better U.S. exposure
It says something about the reputation of Goldman Sachs & Co.’s annual metals and mining seminar that it attracts senior executives from nearly all of the world’s top mining firms. This year an elite …
Seely to address U of T audience
The University of Toronto will host its annual social night, Nov. 1, at the Earth Science Building. Reception begins at 5 p.m. As part of the festivities, L.E. Seeley, Falconbridge Ltd.’s director of …
Galore Creek area active as Rhodes drills copper zone
Despite its rugged and remote location, the Copper Canyon project in the Galore Creek area of northwestern British Columbia is emerging as one of the more prospective properties being explored by juni…
Vancouver Stock Exchange Eskay provides new excitement
A new gold discovery in the Eskay Creek camp of northwestern British Columbia provided a flurry of excitement, albeit an extremely modest one, on the Vancouver Stock Exchange for the week ended Oct. 1…