Kimex drilling
Two drill holes on property in Beauchastel Twp. in northwestern Quebec have intersected “very interesting copper values,” Kimex Resources (ME) reports. The property is located 15 miles west of Rouyn-…
1988
Total Erickson completes merger
Final approval has been given for the merger of Total Erickson Resources (TSE) with a wholly-owned subsidiary of Total Energold Corp., formerly Getty Resources. Under the court-approved arrangement, T…
Metal Prices (October 03, 1988)
FREE MARKET London Metal Exchange Spot closing prices in Pound Sterling per tonne, except zinc and nickel ($US per tonne) Date Sept 27 Sept 26 Sept 23 Sept 22 Sept 21 Copper 1478…
Catear Reports Impressive Assays at Goldwedge
Some impressive assay results were reported by Catear Resources (VSE) from underground stope sampling at its Goldwedge property north of Stewart, B.C. The company is now processing low grade material …
Metal Prices FUTURES PRICES (October 03, 1988)
N.Y. Commodity Exchange Week’s High Low Close Change COPPER (in US cents per lb.) Oct 116.40 115.35 116.80 4.95 Dec 108.50 105.90 108.25 4.65 Mar 98.80 …
SAFETY PAYS
Since 1980, the frequency of accidents at Rio Algom’s Panel mine in Elliot Lake, Ont., has decreased significantly. I attribute that record in large part to the Loss Control System, which we institute…
Why some mines fail to work
Once known as John F. Kennedy’s campaign song, the words of that popular tune from the 1960s mirrors the hopeful expectations of every mining company. Armed with a positive feasibility study, more tha…
Spot prices at a glance (October 03, 1988)
Week’s Price (US) Change Gold (per oz) $397.65 $3.95 Silver (per oz) $6.18 $0.01 Platinum (per oz) $495.00 + $3.00 Copper (per lb) $1.14 + $0.03 Lead (per lb) …
Drilling planned at Exall’s Gold Eagle
Toronto-based Exall Resources’ (TSE) wholly-owned Gold Eagle property in near Red Lake, Ont. has been earmarked for a 20,000-ft drill program, the Denison Mines (TSE) affiliate said recently. The form…
Shareholder report shows how a mining project can work out.
The following is taken from Starrex Mining Corporation’s shareholder report for the 6-months ended June 30 as an example of how a mining project can work out. Other partners in the mine are Saskatchew…
Exploration needed to bolster dwindling base metal reserves
Canada’s position as a metals producer can’t be maintained without finding ** more deposits ** In the search for new mineral deposits, the preoccupation with gold in recent ye…
HISTORY OF CIP
Gold is the only metal which has the combination of lustre, easy workability and virtual indestructibility and also rarity. This means ways are continually being sought to identify new feed sources an…