Since signing an option agreement to acquire a mining company in Zaire, Africa , Lencourt Ltd (TSE) has been working to complete a due diligence examination of the company’s assets and to arrange the …
Cross Lake Minerals (VSE) and Golden Dragon Resources (VSE) have signed a joint venture agreement with Teck Corp. (TSE) involving the junior comp anies’ Wilhel mina nickel property near Timmins, Ont. …
The future of Mineral Development Agreements (MDAs) is far from assured following the 46th annual Mines Ministers conference held here recently. Federal Mines Minister Jake Epp, who co-chaired the con…
Black Cliff — M. Au sold 189,000 (Aug., private) @ 20 cents to hold 87,500. Brewbac — N. Brewster sold 23,621 (July) @ 10 cents to hold 38,592. Cane — Jonpol bought 40,000 (July) @ 9 cents -10…
Just as they were preparing to go home for the recent Labor Day long weekend, employees at Aur Resources’ (TSE) Val d’Or, Que. exploration office found themse lves facing a law suit from Societe Minie…
HALLEY RESOURCES — Roy R. Brown appointed chairman of the board; John F. McIntyre appointed president. ATLAS CORP. — Raymond S. Troubh elected to the board of directors. SOUTHLANDS MINING CORP. — D…
Production start-up at the Goldboro gold property in Nova Scotia should focus on a small area of the property near the access ramp, Exploration Orex (ME) reports. The area recommended for mining is 45…
Officials at Toronto-based Goldquest Exploration (TSE) don’t know what was behind the recent movements in the company’s share price. Goldquest shares nearly doubled to 33 cents recently in active tra…
Hugh O’Neil, Ontario’s new Mines Minister, hasn’t wasted any time acquainting himself with the issues affecting mining in Canada’s leading mineral producing province. In fact, the new Mines Minister h…
N.Y. Commodity Exchange Week’s High Low Close Change COPPER (in US cents per lb.) Sep132.50 127.50 128.00 + 2.65 Oct– — 126.60 Dec128.25 123.50 123.75 + 1.90 SILVE…
ALUMINUM: MW U.S. Market US82.00 cents – 84.00 cents per lb. (Aug 24, 1989). ANTIMONY: New York dealer US90 cents -95 cents per lb. (Aug 10, 1989). BISMUTH: New York dealer $4.70-$4.85(US) per lb. (A…
Operators of one of Canada’s smallest nickel mines, 23 km southwest of here, are very optimistic about becoming bigger. They are predicting they should know by November whether or not they have the mi…
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