Letters to the Editor Collaring a ramp?
Would you please explain to your readers just how you “collar” a ramp? (First bulk test on Fontana bet, — (N.M., March 14/88). Maybe you should color the ramp — like the Yellow Brick Road. Could I c…
News
Toronto Stock Exchange Modest gains spurred by U.S. economic data
A week of see-saw trading which recorded three consecutive days of declines, took a turn for the better following news from the U.S. that house sales in February increased by 20.3% — the largest such…
Hemlo producers continue high grade, low-cost ways
Two of the three gold producers at the Hemlo gold camp on the northern shore of Lake Superior are mining ore grading above 0.4 oz gold per ton, according to data released by the operators. For the qua…
Editorial Gold hoard mocks poverty
It’s ironic that India, where literally millions of people live in conditions of abject poverty, has what is believed to be one of the largest gold hoards in the world. India itself actually produce…
Partners Aunore, Nova Beaucage begin bulk-sample program
A program to extract a 15,000-ton bulk sample from the Elder gold project in the Rouyn-Noranda area of northwestern Quebec is under way, joint venture partners Aunore Resources and Nova Beaucage Mines…
Noranda ups reserves at Banbury’s B.C. bet
Drilling by Noranda Exploration has increased reserves on Banbury Gold Mines’ Hedley, B.C., property. Noranda has the right to earn a 51% interest in the property by spending $3 million before the end…
Books (April 04, 1988)
Metals Handbook, Ninth Edition, Volume 13 — Corrosion by asm International. isbn 0-87170-019-0; 1,416 pages, hardcover, $104(US) plus $7.50 shipping and handling. Gulf Publishing Co., Book Division, …
Zinc plays catch-up with other metals
While not quite emulating the price run-ups experienced of late by copper and nickel, zinc has seen its price rise and, according to the securities firm Shearson Lehman Hutton, is trading at its highe…
Nuspar expectations high for even junior company
Junior mining companies sometimes have high expectations and Vancouver-based Nuspar Resources is certainly no exception. The company says it has signed an agreement with “a major international gold bu…
Sun River drilling Arizona prospect
A 10,000-ft drilling program is under way at Sun River Gold’s United Western Mine property near Oatman, Ariz. The drilling is designed to increase current reserves of 225,662 tons grading 0.263 oz gol…
Production decision reached for Idaho Gold heap leach mine
Idaho Gold, the operating company set up by Amir Mines (63%), Normine Resources (22%) and Glamis Gold (15%) is proceeding with development of its Buffalo Gulch heap leach mine near Elk City, Idaho. As…
COATS Trading Features (April 04, 1988)
A takeover offer for 750,000 shares of Newfield Mines helped perk up the share price of that issue to $1.85. Partners T & H Resources and Jonpol Explorations are making the bid. The latter companies h…