North American Gold
Major North American gold company Corona Corp. (TSE) is determined to retain its status as a low-cost producer, either through the discovery of new properties or the acquisition of other low-cost prod…
News
Decline in investor confidence
The decline in investor confidence, combined with a marked drop in gold prices, has taken the steam out of exploration and development activities in the Timmins camp — Canada’s most prolific mining c…
Quebec review
Flow-through funding may have dried up considerably, but exploration in Quebec was still at a very high level during 1989. Gold, base metals, nickel and even graphite have raised the interest of inves…
Louvicourt discovery fuels search for more sulphides in Val d’Or
The trouble with the Louvicourt Twp. exploration camp east of Val d’Or, Que., is that the emphasis has always been on gold, says prospector Jack Stoch. The Globex Mining (ME) president was referring t…
Alberta Stock Exchange Bonanza find
As junior exploration companies geared up this week for the fall exploration season, share prices tended to reflect investor hopes for projects offering some degree of promise. News that the drills ar…
Books Futures trading has changed since crash
The fourth edition of Trading on Canadian Futures Markets by John Hore takes a look at changes to the futures industry since the Black Monday stock market collapse of October, 1987. The author, vice- …
Aurizon uncovers new vein structure
Exploration work on the Sleeping Giant gold mine property north of Amos, Que., in the area of the current mine workings, has succeeded in uncovering mineralization from the down-dip extensions of the …
Alberta’s Surface mining lab to close June, 1990
The federal government is going ahead with plans to close the Surface Mining Laboratory (SML) in Devon, Alta. The plan, to be completed by June 30, 1990, will put 12 employees out of work. Nine of the…
Metal Prices PRODUCER PRICES (November 06, 1989)
ALUMINUM: MW U.S. Market US79.00 cents – 80.00 cents per lb. (Oct 26, 1989). ANTIMONY: New York dealer US94 cents -98 cents per lb. (Sept 14, 1989). BISMUTH: New York dealer $4.80-$4.90(US) per lb. (…
Cambior’s prospects
With its new Beliveau gold mine east of Val d’Or, Que., up and running, Cambior is turning its attention to bringing another of its many exploration projects into production. Although its exploration …
Golden Cres./Placer Dome drills to start at Border
A 4,800-ft, phase-one drill program is expected to begin this month on the Border group of claims which Golden Crescent Resources (ASE) has optioned from Placer Dome (TSE). Situated on the Quebec/Onta…
Ego plans more drilling on N.W.T. lead-zinc property
Final results have been reported from a 12,000-ft drilling program on Ego Resources’ (TSE) lead-zinc- silver property, 15 km north of MacLeod Bay on Great Slave Lake, N.W.T. A phase-two drill program …