Editorial A $4-million gesture
Too often good deeds go unnoticed. So it’s nice to have the opportunity to tip the hat to some of the actions that make people in the mining industry proud. In particular, Inco gets the nod for a $4…
News
Cheni Gold near full capacity at Toodoggone mine
Despite one of the coldest winters on record, Cheni Gold Mines (TSE) says commissioning of the 550-ton-per-day mill on its 100%-owned Lawyers property in the Toodoggone area of British Columbia, has p…
Book Review A new publication
The Michigan department of natural resources has produced a new open-file report, “Inventory of Geological Core and Sample Repository,” compiled by William T. Swenor. This 21-page report contains the …
Dickenson management welcomes Goldcorp bid
A second bidder has come forward with proposed takeover offers worth a combined $107 million for associated companies Dickenson Mines (TSE) and Kam-Kotia Mines (TSE). Toronto-based gold fund Goldcorp …
Nerco reserves take big jump
A sharp increase in gold and silver reserves has been reported by Nerco Inc. (NYSE) and its subsidiary, Nerco Minerals. Proven and probable gold reserves climbed to 2.25 million oz by the end of 1988,…
Pelham Gold to explore Monk’s Wawa gold bet
Vancouver-based Pelham Gold (ASE) has signed an option to earn a 51% interest in the Monk Gold (ASE) property near Wawa, Ont. According to Pelham, the decision was taken after it completed a review of…
Gold funds as of March 14
BGR Goldcorp Central MVP Capital Net value $12.17% 9.16 6.60% 0.80% Price $9.88% 6.00 6.12% 0.62% Discount $ 19.72% 34.5% 7.2% 22.5…
Obituary Allison Heather
A former manager of the Madsen Red Lake gold mine and well known mining engineer honored by the Governor General for “outstanding service in the promotion of Mine Safety,” Winnipeg born Allison F. Hea…
Editorial Loony tune?
It might sound a bit loony, but the mineral potential of the moon is being given some serious consideration these days by some credible sources. The latest input into the discussion comes from Gregg…
Silverside, Proteus plan amalgamation
An amalgamation is in the works between Silverside Resources (TSE) and Proteus Resources (VSE). Proposed name of the new company is Silverside Resources Inc. Share conversion would be on the basis of …
Alberta Stock Exchange Borealis in free fall
The difference that a year can make to the trading price of a resource issue is currently being demonstrated by Borealis Exploration. After trading at around $19 last January, the tightly held Boreali…
Image problem impacts Bond Intl Gold shares
Despite having established a solid record of performance in the first quarter of this year, Bond International Gold (TSE) is still struggling with a severely depressed share price when compared with i…