News

United Lincoln Drilling Expands MBX Gold-Copper Zone

With assay results in for the first ten holes of a major delineation drill program, United Lincoln Resources Inc. (VSE) is reporting an increase in gold grades at the open, southern end of the MBX dis…



La Fosse makes bid to purchase Louvicourt Gold

An offer to purchase 60% of the issued and outstanding common shares of Louvicourt Gold Mines (COATS) has been made by La Fosse Platinum (TSE). The offer will be made on the basis of one common share …


Start-up problems at McCabe

Stan West Mining (TSE) has encountered operating problems at its $35 million McCabe gold mine in Arizona. During the first quarter of operations, which began in September, 1988, the mine failed to gen…


Gold Funds (January 16, 1989)

BGR Goldcorp Central MVP Capital Net value $11.86 8.74 6.73 N/A Price $ 9.125 6.00 5.75 N/A Discount 23.06% 31.3% 14.6% N/A…



Franc R. Joubin, 1911-

Franc R. Joubin made his name and enduring reputation in uranium. It was Joubin who found the vast Blind River area uranium field in northern Ontario, today the site of the major operations of uranium…


Economic session

The American Copper Council will sponsor an economic outlook session at its luncheon meeting in New York on Thursday, Feb 2. Featured speaker, is Nicholas Perna, vice-president and chief economist for…



Lackluster year of trading on ME

Trading activity on the Montreal Exchange in 1988 was comparable to 1986 levels, says the exchange, which saw its general market portfolio index gain about 6.5% last year. “While the October, 1987, cr…


MacDonald ponders future of Gallen

The new directors of MacDonald Mines Ltd have changed the name of the mining company to MacDonald Mines Exploration (COATS). The company took on a new life last year (N.M., Sept 5/88) when shareholder…


Production decision at Farley in ’89

A production decision for the Farley Lake gold deposit near Lynn Lake in northern Manitoba could come in 1989 if the results of a recent feasibility study are positive. A 12,000-ton bulk sample has be…


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