SHEDDING LIGHT ON SILVER
While the future of the automobile may be clouded (the ubiquitous family auto may yet be fingered as the No. 1 air polluter), it apparently is gaining a silver lining. Actually, car and van windshield…
1990
U.S.REPRT Pacific Sentinel options Arizona gold prospect
An aggressive drill program is being planned by Pacific Sentinel Gold (VSE) for a recently optioned bulk tonnage, potential heap leach gold property in La Paz Cty., Ariz. Pacific Sentinel can acquire …
Anglo Canadian raises $400,000 for Timmins bet
lDynamic Capital has agreed to provide Anglo Canadian Mining (TSE) with $250,000 to finance the first stage of exploration on the MWF gold prospect in Matheson Twp. near Timmins, Ont. Anglo has also r…
Falling aluminum hits Amax income
A 40% drop in the price of primary aluminum from early 1989 levels was responsible for a decrease in the first-quarter income reported by New York-based Amax (TSE), according to Chairman Allen Born. A…
Papers on acid drainage invited
Acidic mine drainage is the largest single environmental problem facing the industry today. In Ontario and Quebec alone, there are 40 abandoned mine sites classified as hazardous waste sites because o…
EDITORIAL Labor costs in S.A.
Gold miners in the world’s largest gold producing country, the Republic of South Africa, have always received a much lower wage than their counterparts in Canada. As bargaining gets under way this yea…
Ican in Colorado
Calgary-based Ican Minerals (TSE) has signed an agreement to earn a 50% interest in a gold property owned by Santa Fe Pacific Mining in Colorado. Known as the White Rock property, the claims host a po…
GOLDFUNDS2 (May 21, 1990)
MVP BGR Central Capital Net value $10.95 $5.79 $0.34 Price $9.50 $5.750 $0.20 Discount 13.24% 0.7% 41.2% Value $65,219,024 $96,739,725 N/A…
Bouchard’s `Green Plan’ fails to address environmental issues
Hidden assumptions can play havoc with person-to-person communication, and unstated premises buried in an ostensibly neutral question can predetermine the answer. These faults are, regrettably, all to…
Drillers have to help convince public about the need for mineral
Canadian resource industries are losing a battle for public support on the environmental front, warned Tom Waterland, president of the Mining Association of British Columbia. In a spirited address to …
Reappraisal of Moss Lake indicates open pit potential
Hemlo Gold (TSE) is providing a further $2 million to close associate Central Crude (TSE), for a greatly expanded program at Crude’s Moss Lake project in the Shebandowan area, 70 miles west of Thunder…
Black Hawk poised to take control of Union nickel-copper deposit
If the planned acquisition of China First Capital wins regulatory approval, Black Hawk Mining (TSE) will gain control of the Union nickel-copper deposit in Maine. Black Hawk has agreed to purchase 1.3…