Rayrock Yellowknife Resources (TSE) President David Crombie missed an opportunity recently to take advantage of the hype surrounding Platinova Resources’ (TSE) Greenland gold joint venture with Corona…
Dick Murray, P.Eng., a district engineer of mines for Ontario for many years, died in Kenora, Ont., Nov 20. Murray joined the Ontario Department of Mines in 1955. For more than 22 years he carried out…
In August, Denver-based Newmont Gold pulled an intersection of 350 ft of 0.768 oz gold per ton from its Deep Star property along Nevada’s Carlin trend (N.M., Aug 21/89). Newmont, a 90% owned subsidiar…
Golden Star Resources (TSE) has decided to advance its Mahdia gold property in Ghana to the production stage. At full production, the Mahdia placer mining operation would be capable of producing 60,00…
Malartic Hygrade Gold Mines (VSE) has acquired an option to purchase the Ellison gold property from a private company. The Ellison claims are wedged between the Doyon and Bousquet gold mines in Quebec…
The market indices headed lower for the week ended Dec 19, although daily trading volumes, ranging between 6.9 million and 9.1 million shares, picked up in strength. The market portfolio dropped almos…
In assessing today’s markets for the various base metals, an important factor is inventory size. More than a few observers have pointed out how inventories over-all have remained low for the major met…
ALUMINUM: MW U.S. Market US73.00 cents – 74.75 cents per lb. (Dec 14, 1989). ANTIMONY: New York dealer US81 cents -84 cents per lb. (Nov 30, 1989). BISMUTH: New York dealer $4.40-$4.50(US) per lb. (D…
Gold guru turned mine financier Ian McAvity is hoping that the recent upswing in the price of gold will revive his reputation as the man with the Midas touch. As president of Toronto-based mining fina…
Ontex Resources (TSE) didn’t have much good news to report to its shareholders at the company’s annual meeting in Toronto this month. The junior company is cash- strapped and entangled in a 4-year- lo…
A 7-hole infill drill program completed by Spirit Lake Explorations (ME) has returned a high-grading intersection from the company’s Edwards gold property northeast of Wawa, Ont. Hole 101 intersected …
Funding of $50,000 has been made available for studies on road access to the Windy Craggy property in northwestern British Columbia under the federal-provincial Mineral Development Agreement. Situated…
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