Two gold- and silver-bearing structures are being evaluated on Keylock Resources’ (ASE) concession in Slovakia. The concession is in the centre of a large Tertiary-aged cauldera which has a history of…
To finance work at its Brookbank gold property near Beardmore, Ont., Ontex Resources (ASE) plans to make a rights offering. In so doing, the junior hopes to raise $835,000. Each Ontex shareholder will…
Exploration of the Taware Valley and Kupa prospects in Indonesia has returned encouraging results for Bre-X Minerals (TSE). The prospects are situated on Sangihe Island in the area known as North Sula…
A longtime member of the Canadian mining fraternity, Orval Leigh died recently. He was 58. Toward the end of 1987, he joined Battle Mountain (Canada) as vice-president and managed the company’s Canadi…
The U.S. subsidiary of American Barrick Resources (TSE) has been granted patents giving it full title and ownership of the Goldstrike property in Nevada. To date, the company has contributed $1 billio…
Price (US) Week’s Change Gold* $379.69 + $1.19 Silver* $ 5.44 + $0.17 Platinum* $397.25 + $5.50 Nickel** $ 2.81 + $0.21 Lead** $ 0.22 + $0.01 Copper $ 0.99 + $0.04 Zinc $ 0.44 + $0.01 Courtesy of Scot…
With positive results in hand from an independent feasibility study, Canyon Resources (NASDAQ) says mine development could begin this fall at the Briggs gold project in southeastern California. Constr…
The political action committee of locals 5417 and 5980 of the United Steelworkers of America, representing workers at Rio Algom’s Stanleigh uranium mine at Elliot Lake, Ont., has started up its “Ontar…
Last year, China imported almost a million tonnes of copper units in concentrate and other forms, and refined copper stocks increased by more than 200,000 tonnes. Any change in economic activity in th…
Few juniors active in South America have managed to assemble control of an entire mining district, complete with mine, town site and mill. But such is the case with Corriente Resources (VSE), which ow…
A review of drilling data has resulted in higher reserves for the Bronson Slope gold-copper porphyry deposit on the Iskut River property in northwestern British Columbia. Based on a computerized polyg…
Canadian coal operations cannot expect to become much more competitive than they are today, according to Michael Lipkewich, vice-president of mining for Teck (TSE). “I do not expect to see double-digi…
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