9-month gold output up 42% for Cambior
Gold production by Cambior Inc. (TSE) for the first nine months of 1988 increased 42% compared with the same period last year, the company reports. Total production to Sept 30 was 140,685 oz; during t…
News
Black Swan Drilling Tas Property
As long as winter holds off, Black Swan Gold Mines (VSE) intends to continue drilling the Tas property near Fort St. James, B.C. in order to test continuity of gold mineralization in three fracture an…
Viscount seeks additional feed for Dankoe mill
Now that the O.B. silver mine at Greenwood, B.C. is safely past the start-up phase, Viscount Resources (VSE) says it is looking at acquiring other proven undeveloped deposits in the area. The company …
Mineral economics symposium planned
Senior executives from some of the world’s major companies likely to play a key role in the mining industry of the 1990s will be among the speakers at a mineral economics symposium in Toronto Jan 24-2…
Metal Prices (November 21, 1988)
FREE MARKET London Metal Exchange Spot closing prices in Pound Sterling per tonne, except zinc and nickel ($US per tonne) Nov 15 Nov 14 Nov 11 Nov 10 Nov 9 Copper 1700-1705 …
Huntington results return low values
Another eight drill holes have been released by Huntington Resources (VSE) for its Brett property near Vernon, B.C. Two out of eight holes returned no significant assays and values in the remaining …
Metal Prices PRODUCER PRICES (November 21, 1988)
ALUMINUM: MW U.S. Market $1.10-$1.125 per lb. (Nov 10, 1988). ANTIMONY: New York dealer 95 -$1.00 per lb. (Nov 3, 1988). BISMUTH: New York dealer $6.05-$6.25 per lb. (Nov 10, 1988). CADMIUM: New York …
Monte Carlo Gold president resigns
Gordon Leliever, former president and major shareholder of Monte Carlo Gold Mines (ASE) has sold his control block of Monte Carlo shares to a group of investors headed by Robert Salna of Richmond Hill…
Granges drilling on Giant Gripp
Drilling by Granges Exploration (TSE) on the Giant Gripp base metals deposit in Ontario has yielded one of the best intersections yet from that deposit. A Granges spokesman confirmed that the company …
News in Brief (November 21, 1988)
Hecla Mining Co. has declared a dividend of 5 per share payable on Dec 16, to shareholders of record on Nov 18.
Queries Inverness victim of 1929 market crash
An old stock certificate for 500 shares of Inverness Mines Ltd. turned up among my mother’s things after her recent death. Please determine if the stock has any current value. John Macfie Parry Sound,…
Pamorex/Queenston sign Beaver deal
Pamorex Minerals (TSE) has signed a letter of intent to earn a 51% interest in Queenston Gold Mines’ (TSE) Upper Beaver mine gold property. Located about 15 miles east of Kirkland Lake, Ont., the Uppe…