Ground Control
The 7th international conference on Ground Control in Mining is scheduled for Aug 3-5, 1988, at Morgantown, West Virginia. Papers to be presented at the conference are being invited in the field of gr…
News
Mid-North completes financing; signs exploration deal
A recent share issue raised $340,000 for Mid-North Resources of Calgary. The company sold 500,000 common shares at 68 cents per share, with the accompanying 250,000 warrants being exercisable at 75 c…
Canadian consortium plans to become rare earth king
Being in the right place at the right time is the aim of every mineral exploration company with a view to earning a handsome return on its investment dollars. But for a consortium of Canadian companie…
Small mines forum
The Society of Mining Engineers (American Institute of Mining, Metallurgical and Petroleum Engineers) is sponsoring a forum titled Small Mines Development in Precious Metals Aug 30-Sept 2 in Reno, Nev…
Metal snips (July 20, 1987)
Diamond sales during the first six months of 1987 were 28% above sales for the same period last year, the Central Selling Organization of De Beers Consolidated Mines reports. Sales of rough stones tot…
Drilling confirms gold structure
The first phase of a drilling campaign undertaken by Essor Exploration on the Aiguebelle property in northwestern Quebec has detected a gold-bearing structure, President Guy Morissette reports. Essor …
ATLANTIC REPORT Noranda hits significant values
Noranda Exploration continues to be active in the Atlantic provinces. On its Tally Pond-Duck Pond project in central Newfoundland the company has intersected significant precious and base metal values…
Metal Prices FREE MARKET Spot Gold, Silver, Platinum and Palladium (July 20, 1987)
July 14 July 13 July 10 July 9 July 8 ** Gold London Bullion Dealers afternoon (morning) $US per oz. 447.00(447.15) 446.50(443.70) 444.75(444.25) 444.10(445.30) 446.40(442.15) Gold Bank of Nova Scot…
Golden Star, Placer, Giant. probing for gold in Guyana
The Amerindians who arrived in this country centuries ago called it Guyana — “Land of Many Waters.” Guyana has also been known as El Dorado, the site of the mythical City Of Gold. In recent years the…
Camindex prepares debenture issue
A private placement of $13,609,000 of 3% convertible debentures has been arranged by Camindex Mines. Of that total, the company reports, $6.1 million represents a rollover of existing debt and $7.5 mi…
Vancouver Stock Exchange Market turns more positive
The Vancouver market has turned a bit more positive. Although gold hasn’t performed too well lately it’s still at a very respectable level. Indeed, the price is well above the cost of production for m…
Cornucopia to drill Arizona gold bet
A production decision is expected by the end of this year on a gold property it holds northwest of Phoenix, Ariz., according to Cornucopia Gold Mines. A reverse circulation drill program to expand res…