THE EDITORIAL PAGE A gold producer’s Mecca
With minimum wages standing at $36(US) per month and some of the most lucrative operating conditions anywhere, it is perhaps surprising to learn that only two Canadian juniors are conducting operation…
News
Metal Prices PRODUCER PRICES (August 03, 1987)
ALUMINUM: MW U.S. Market 73.50 cents -76.00 cents per lb. (July 16, 1987). ANTIMONY: New York dealer $1.07-$1.12 per lb. (July 16, 1987). BISMUTH: New York dealer $3.25-$3.40 per lb. (June 25, 1987). …
Canasil starts exploration work at Toodoggone
A phase one exploration program has begun on Canasil Resources’ Toodoggone area property north of Smithers, B.C. Work will include the evaluation of a breccia zone where anomalous gold and silver valu…
Hope Brook entering production
On the remote southwest coast of Newfoundland, where the caribou outnumber the people, a gold mining crew is feeling triumphant. Its year-long struggle with the elements is starting to pay off. The he…
SUPPLIERS’ NOTES DUX & JCI Inc.
Dux Machinery of Repentigny, Que., and John Clark Inc. of Denver. Colo., have me rged their new machinery businesses. The new company is called DUX & JCI Inc. an d is committed to the underground min…
Strong platinum values assayed by Equinox
What probably represents one of the least promoted platinum group metal discoveries in the country has yielded some impressive results. Equinox Resources and Technigen Corp. have completed an extensi…
Kidd exercises Chance option
Kidd Creek Mines has exercised an option to acquire a 100% interest in claims held by Chance Mining and Exploration located north of Timmins, Ont. Situated in Kidd Twp., the property is located west o…
CROSS-CUTS Gold quiz answers
Apparently quite a few readers were stumped by our gold trivia quiz in the June issue. We’ve been flooded with calls, letters and teletype message s asking f or the answers. For those who may have mis…
Dolphin plans $4m. program
Anticipating an active year, Dolphin Explorations has budgeted approximately $4 million for exploration work on several gold properties, the most advanced of which is the Cape Ray in Newfoundland. Exp…
Caribbean nickel A HIDDEN ASSET
Falcondo’s power plant serves an obvious utility function, but it may also be seen as a hidden asset with a considerable value. Not only does it generate a prof it; its replacement value could well of…
EDITOR’S NOTE Too much gold?
Supply and demand. They go together like toast and jam, like Wayne and Shuster, like assets and liabilities. Together they form a classical type of economic balance without which economists would be u…
Montreal Exchange Essor big trader
Moderate-to-slow trading characterized the week on the Montreal Exchange, where the market was generally up and the big gains were recorded early in the week. Resource issues tended to become listless…