Broker retiring after 60 years
One of the pillars of the Bay Street investment community over a 60-year span — and always strongly mining oriented — Samuel Gordon Sharpe is retiring at age 83. Born in Winnipeg where he attended b…
1987
Greenstone pleased at Gwillim project
Encouraging results continue to come from the Gwillim gold property near Chibougamau, Que., partners Greenstone Resources, Muscocho Explorations and Flanagan McAdam Resources say. The two latter compa…
Metal Prices FREE MARKET Spot Gold, Silver, Platinum and Palladium (September 28, 1987)
Sept. 22 Sept. 21 Sept. 18 Sept. 17 Sept. 16 ** Gold London Bullion Dealers afternoon (morning) $US per oz. ** 461.55(463.15) 459.10(458.85) 461.70(461.35) 460.50(458.80) 458.40(458.50) **…
Bioleaching gold process considered an alternative
A bioleaching process developed by Giant Bay Resources for treating refractory gold ores can be considered an “attractive alternative” to roasting or pressure oxidation as process alternatives for the…
COATS Trading Features (September 28, 1987)
Most issues on the coats system were easier this week despite a period of stable gold prices. Goldteck Mines bucked the downtrend trading to a new high of $2.80-$3. The issue will be listed on the tse…
EDITORIAL Exploration the foundation of mining
When you’re the best at what you do, the world comes knocking. Such is the case with Exploration ’87 which is being held in Toronto this week. Also known as the Third Decennial International Conferenc…
Argentex concludes exploration deals
An agreement has been reached between Argentex Resources and Lenora Explorations whereby Argentex can earn a 49% interest in Lenora’s 5-claim property in Black Twp., in the district of Timiskaming, On…
Obituary Harry Bell
Harry Bell, a long-time mine recorder for the Ontario government, has died at his home at Mine Centre, Ont., at the age of 71. Born in Toronto, Mr Bell moved to Mine Centre in 1936, where he was an as…
Prospector award
Winner of this year’s “Prospector of the Year award from the Quebec Prospectors Association is Denis Francoeur and his team from Noranda Exploration. The award was presented for two discoveries in nor…
People (September 28, 1987)
Denison Mines — Andrew Rickaby will be moving to Toronto as vice-president mining; Colin Benner will become vice-president Elliot Lake operations; Fergus Kerr is promoted to general manager Elliot La…
EDITORIAL Protectionism self-defeating
Wiser heads are appearing in the U.S., though they are seemingly not prevailing, concerning the issue of protectionism, a mood in that country that is seriously threatening the possibility of a free t…
Impressive intersections at Golden Nevada project
Encouraging results have been reported by Golden Nevada Resources from its Grew Creek property 12 miles west of Ross River, Yukon. The property falls under an option agreement with Noranda Exploration…