GOLDEN BITS
Diamond Drill Bits New diamond drill bits from Utah-based Christensen Mining Products increase footage per bit by 15% to 20%, the company says. These “gold” bits, as they are called, combine friable d…
Diamond Drill Bits New diamond drill bits from Utah-based Christensen Mining Products increase footage per bit by 15% to 20%, the company says. These “gold” bits, as they are called, combine friable d…
Visible gold was intersected in an exploration crosscut being driven north from the 2,050-ft. level at the shaft, Armistice Resources (ME) reports from its gold property at Virginiatown, Ont. The gold…
Cameco, the Saskatchewan uranium producer, recently had its knuckles rapped for spilling radioactive waste at the Rabbit Lake mine. In late December, 1.9 million litres of radioactive water spilled fr…
Dunvegan Expl — 370,000 non-flow-through and 280,000 flow-through offered @ 81 cents per unit. Excellon Res — gross proceeds rec $227,500.
Rio Algom’s Panel Mine defeated 19 teams to win this year’s McCrea first aid competition, organized by the Mines Accident Prevention Association of Ontario (MAPAO). Trailing behind was the Stanleigh m…
A large deposit of olivine gabbro discovered in Riggs Twp. near Algoma, Ont., may contain commercially significant amounts of magnesium. Intending to develop the gabbro stock, Quote Resources (VSE) ha…
Re-election of the Labor Party in Australia in the recent national election should mean a continuation of the current policy governing the mining industry in that nation. While the final seat tally ha…
N.Y. Commodity Exchange Week’s High Low Close Change COPPER (HG) (in US cents per lb.) Mar 127.50 120.00 121.65 — 6.35 Apr 118.10 117.60 116.35 — 4.95 May 116.40 112.00 112.25 — 5.05 SILVER (in US …
Through expenditures of US$1.38 million, a unit of Placer Dome (TSE) has earned a 60% interest from Oneida Resources (VSE) in the Mexican Hat gold property in Cochise Cty., Ariz. Some 137 holes totall…
For the sum of $14.9 million, Amax Gold (TSE) has acquired the remaining 40% interest in the Hayden Hill gold venture from a subsidiary of U.S. Gold (NASDAQ). Completion of this purchase gives Amax 10…
Canada’s exports of metallurgical coal to Japan, a key industry in Western Canada, could be in jeopardy by the start of the 21st century. According to a paper at the Globe ’90 environmental conference…
Skarns containing gold as the predominant, and in some cases the only, economic mineral are classed as gold skarns while precious metal enriched (PME) skarns include any iron or base metal skarn that …
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