Inco, Golden Knight encouraged
Partners Inco Gold and Golden Knight Resources (TSE) recently received some encouraging results from the discovery area at their Casa Berardi, Que., gold property. In a 60%-Inco, 40%-Golden Knight joi…
News
Sleeper mine produced gold at $103 (US) per ounce in ’88
Few North American mining operations produce gold as cheaply as the Sleeper mine in northern Nevada where 1988 cash costs were $103(US) per oz including silver credits. For mine owner Amax Gold (NYSE)…
People (May 01, 1989)
INTERNATIONAL SHASTA RESOURCES — Edward W. Craft appointed manager, project development.
Metal Prices PRODUCER PRICES (May 01, 1989)
ALUMINUM: MW U.S. Market US96.00- 98.00 cents per lb. (Apr 13, 1989). ANTIMONY: New York dealer 99 cents -$1.01(US) per lb. (Apr 6, 1989). BISMUTH: New York dealer $6.55-$6.70(US) per lb (Apr 13, 1989…
Suntac resumes drilling at Polaris-Taku
The 1989 exploration and development program by Suntac Minerals Corp. (VSE) is under way on the Polaris- Taku mine project with the first three surface holes returning impressive gold values. Last fal…
Hanson Lake results
Trimin Resources (VSE), formerly Tri Gold Industries, says recent drilling on the Hanson Lake project in northern Saskatchewan continues to return significant grades of zinc and copper with associated…
Forget looks for best deal in Agnico/Dumagami merger
A Montreal businessman has hired an investment firm to help champion the rights of Dumagami Mines’ (TSE) minority shareholders should the company merge with Agnico-Eagle Mines (TSE). Jacques Forget en…
Metal Prices (May 01, 1989)
FREE MARKET London Metal Exchange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date Apr 25 Apr 24 Apr 21 Apr 20 Apr 19 Copper 1800-18…
Negative results reported by USMX (May 01, 1989)
Drill results are not encouraging from USMX Inc.’s (NASDAQ) Goldbanks Hill propery in Pershing Cty., Nev. The first 11 of 21 holes on the property failed to intersect significant mineralization, the c…
Athabaska Increases Reserves at Nicholas Lake
Recent drilling by Athabaska Gold Resources (VSE) has boosted probable and possible reserves at the Nicholas Lake gold project near Yellowknife, N.W.T., to an estimated one million tons grading 0.32 o…
Antelope plans big program near Le Roi mine property
Antelope Resources (VSE) will spend $1 million or more on its Rossland, B.C., gold property this year. The project is a joint venture with Bryndon Ventures (ASE). To date, over 40,000 ft of drilling h…
OFF-HIGHWAY HAULAGE
The following are summaries of a selection of papers delivered at a conference entitled “Off-Highway Haulage in Surface Mines.” Sponsored by the Canada Centre for Mineral and Energy Technology (CANMET…