Inco expects its nickel price will top $5/lb
The world’s premier nickel producer, Inco Ltd. (TSE), says its expects its average realized price for nickel will exceed $5(US) per lb for the second quarter of 1988. The company, which doesn’t normal…
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FINANCING (June 13, 1988)
VANCOUVER Approach — min 600,000 offered @ 35 cents per sh. Claw — 600,000 sold for gross $127,400. Dundee — gross proceeds rec $270,000. Tungco — 700,000 shs offered @ 82 cents per sh. Trans As…
Gold City producing gold at Indian River placer bet
After brief delay, gold production is under way at Gold City Resources’ (ASE) placer operation at Indian River, Yukon, the company said recently. Thought to contain about two million oz of fine gold, …
Montreal Exchange Francoeur set to go
More good news from northwestern Quebec. Project manager Rouyn Mining Resources announces completion of a 25,000-ton bulk sample from the Francoeur property located est of Rouyn-Noranda averaging 0.19…
Gold not the only mineral being sought in Madoc camp
Ontario’s oldest gold camp — the Madoc area in the eastern part of the province — is still the site of exploration activity, although other minerals are being sought in addition to gold. One of the …
Mishibishu is hotter area that ever
Hemlo Gold Mines (TSE), which is heavily involved in the promising Misibishu area of northwestern Ontario, reports it has an agreement with Caribbean Resources (VSE) and Exmar Resources(VSE) for the e…
VSE, top junior resource market, still setting records
While the period since October 19 has been one of reduced volumes and lacklustre trading for the Vancouver Stock Exchange, Canada’s leading junior resource market has continued to set more records, as…
Gold fever of the 1800s alive in Australia today
The discovery of gold in Australia, which was greeted with great excitement and frenzied activity almost 140 years ago, changed the face and destiny of a very young nation. It was arguably the most im…
Toodoggone not up to Iskut River
The Toodoggone area north of Smithers, B.C., will place a distant second to the Skyline-Iskut River region in terms of expenditures and exploration activity this year. Cheni Gold Mines’ (TSE) Lawyers …
SEMEG symposium
The Society of Engineering & Mineral Exploration Geophysicists (SEMEG) is presenting the second annual Symposium on the Application of Geophysics to Engineering and Environmental Problems at the Color…
Skyline’s Iskut River a hot B.C. play
In general, gold discoveries in northern British Columbia require a grade premium over comparably-sized deposits further south; the reason, of course, is to offset poor exploration logistics and high …
Alberta Stock Exchange Biron among gainers
While concerns over rising interest rates were felt on the New York and Toronto stock exchanges, some Alberta gold stocks were posting some of the highest gains in recent months. Jefferson Valley Gold…