Augmitto option
Augmitto Explorations (TSE) has acquired an option to earn a 51% interest in the Bazooka property, adjacent to the western boundary of Augmitto’s gold property near Rouyn, Que. Under the terms of the …
News
Uranium Resources Signs New Sales Contract
A long term contract with a major U.S. electrical utility is expected to generate revenues of about $45 million(US) for Uranium Resources (VSE), which produces uranium in South Texas using low cost in…
Ketza ore reserve mishap puts PTO near bankruptcy
A serious ore reserve miscalculation at the Ketza River gold mine near Ross River, N.W.T., has put Pacific Trans-Ocean Resources (TSE) in a financial quandary. A joint venture partner with Canamax Res…
High grade sulphides found at Stratabound’s CNE bet
Drilling will begin soon to establish the continuity and grade potential of a high grade zinc-lead-silver discovery reported by Stratabound Minerals (ASE) at its CNE property near Bathurst, N.B. Massi…
Editorial War Eagle woes
The story of War Eagle Mining is not over yet, but the behaviour of the company’s stock price over the past few weeks bears commenting on. The fate of the company’s property in southwestern Idaho ha…
9-month gold output up 42% for Cambior
Gold production by Cambior Inc. (TSE) for the first nine months of 1988 increased 42% compared with the same period last year, the company reports. Total production to Sept 30 was 140,685 oz; during t…
Black Swan Drilling Tas Property
As long as winter holds off, Black Swan Gold Mines (VSE) intends to continue drilling the Tas property near Fort St. James, B.C. in order to test continuity of gold mineralization in three fracture an…
Viscount seeks additional feed for Dankoe mill
Now that the O.B. silver mine at Greenwood, B.C. is safely past the start-up phase, Viscount Resources (VSE) says it is looking at acquiring other proven undeveloped deposits in the area. The company …
Mineral economics symposium planned
Senior executives from some of the world’s major companies likely to play a key role in the mining industry of the 1990s will be among the speakers at a mineral economics symposium in Toronto Jan 24-2…
Metal Prices (November 21, 1988)
FREE MARKET London Metal Exchange Spot closing prices in Pound Sterling per tonne, except zinc and nickel ($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 …