1988

Gold producer LAC Minerals (TSE) is looking for a new vice- president exploration. Robert Valliant, appointed to the position in the spring of this year, has left the firm. Valliant, who had been with…

What appears to be an important gold discovery has been made by Meridian Gold Company about 10 miles west of Salmon, Idaho. More than 100 holes have been drilled into the company’s Beartrack deposit a…

A call for papers has been issued for the 1990 Society of Mining Engineers first Annual Meeting, Feb 26-March 1, in Salt Lake City, Utah. The deadline for receipt of preliminary abstracts is Feb 1, 19…

The Stillwater platinum- palladium mine in Montana now has two owners. The board of directors of Manville Sales Corp. has approved a deal whereby Manville and Chevron Resources will purchase the one-t…

Toronto-based Curragh Resources, a private company which owns and operates the Faro lead and zinc mine in the Yukon Territory, has declared its intent to acquire an interest in American Pacific Mining…

With operations at its Telbel shaft now back to normal and its 32%- owned Dumagami Mines (TSE) subsidiary coming on strongly, Agnico- Eagle Mines’ (TSE) Paul Penna is breathing much easier these days….

Can-Mac Exploration (VSE) has arranged a flow-through share financing of $300,000. Can-Mac will issue 909,091 common shares at a price of 33 per share. The company must spend the proceeds by Dec 31 o…

Crown Resource Corp. (NASDAQ) has optioned a 34,000-acre exploration property in the southern portion of the Carlin trend in Elko Cty., Nev. The property, which lies about six miles southeast of Newmo…

Geological reserves have been increased by Canamax Resources (TSE) on the company’s Mt. Hundere zinc-lead property near Watson Lake, Y.T. Drilling has outlined reserves of 5.2 million tonnes grading 1…

Higher base metal prices brightened the financial picture considerably for Westmin Resources (TSE) during the first nine months of 1988. The company reported net earnings of $16,066,000 or 9 per commo…

Heavy exploration activity in Northwestern British Columbia for both gold and copper and the promotional abilities of Murray Pezim, can be collectively credited with generating the lion’s share of rec…

FREE MARKET London Metal Exchange Spot closing prices in Pound Sterling per tonne, except zinc and nickel ($US per tonne) Date Dec 6 Dec 5 Dec 2 Dec 1 Nov 30 Copper 191…