1988

American Barrick reports 9-month earnings increase

A 33% increase in production from seven gold mines has enabled American Barrick Resources (TSE) to report record third-quarter and 9-month earnings. The Toronto company increased its gold production t…


Tarzan completes diamond drilling

Tarzan Gold Inc. (ASE) has recently completed diamond drilling of hole 88-1 on the Main East Zone downward extension of the Joburke mine to a depth of 372.4 m to intersect the ore zone extensions at a…


Echo Bay plans new gold mine in Washington state

Echo Bay Mines (TSE) has announced plans to bring into production by early 1990 its Kettle River property in northeastern Washington state. Based on exploration to date and a mining plan developed by …


Rio Plata to Drill Hislop and Matheson Claims

A 4-month preliminary exploration program carried out by Rio Plata Resources (VSE) was recently completed on the Hislop and Matheson Township claims in northern Ontario. The company says geophysical s…


Denison to spend $1 million on Guyana gold bet

Toronto-based Denison Mines (TSE) and little-known South American Goldfields (COATS) are set to launch a $1-million exploration program for gold in Guyana, South America. The program was given the go-…


Ketza ore reserve mishap puts PTO near bankruptcy

A serious ore reserve miscalculation at the Ketza River gold mine near Ross River, N.W.T., has put Pacific Trans-Ocean Resources (TSE) in a financial quandary. A joint venture partner with Canamax Res…




Mineral economics symposium planned

Senior executives from some of the world’s major companies likely to play a key role in the mining industry of the 1990s will be among the speakers at a mineral economics symposium in Toronto Jan 24-2…


Silverside, LAC build up tonnage

Encouraging drilling results from the Garrison gold property in northeastern Ontario have been released by Silverside Resources (TSE) and program manager LAC Minerals (TSE). WidthGrade Hole (ft) (o…


Metal Prices PRODUCER PRICES (November 21, 1988)

ALUMINUM: MW U.S. Market $1.10-$1.125 per lb. (Nov 10, 1988). ANTIMONY: New York dealer 95 -$1.00 per lb. (Nov 3, 1988). BISMUTH: New York dealer $6.05-$6.25 per lb. (Nov 10, 1988). CADMIUM: New York …


Equinox to earn interest in massive sulphide project

An extensive metallurgical and underground evaluation program initiated by Equinox Resources (TSE) is now in progress on a polymetallic massive sulphide arsenical gold deposit located 32 km north of R…


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