A release by the Geological Survey of Canada (GSC) of results from a heavy mineral geochemical survey near Rimouski, Que., has generated a small-scale staking rush with Citadel Gold Mines (TSE) emergi…
A slightly stronger gold price and a slightly weaker dollar encouraged some investors to peek out of the trenches at press time, but most brokers still maintain it will take a sustained gold price ove…
Actively exploring a couple of prospects east of Timmins, Ont., Goldpost Resources (TSE) reports it plans to mine about 10,000 tons of high grade ore from the Gibson West zone lying above the 250-ft l…
Watch out — 1989 may not be quite the dismal year for mineral exploration many have been predicting. With gold prices in the dumper, investors shy of mining stocks since the ’87 market crash and fl…
Not placing all your eggs in one basket is advice more than a few mining companies, in particular those known best for their gold production, seem to have heeded. Subsidiaries of two of Canada’s large…
Lyall Chapman, left, mine manager at the Dona Lake gold mine, played host to about 120 guests at the mine’s official opening recently. With him, from left, are Placer Dome Chairman Fraser Fell and Wal…
A group of exploration properties totalling some 377 claims in the Lac St. Jean area of Quebec has been optioned by Vancouver-listed Blue Emerald Resources. Subject to regulatory approval, Blue Emeral…
Blake River Expls — final rec iss offer 1,140,000 @ $1.35 per sh to net $946,200. VANCOUVER Labyrinth Res — gross proceeds rec $192,500. Jordex Res — 500,000 sold for gross $250,000. Newgate Res –…
Interest by investors in a massive sulphide find at Val d’Or, Que., continued throughout the week, with shares of both the principal players, Aur Resources and Societe Miniere Louvem (and Louvem’s maj…
Expanding gold production from operations in Canada and the U.S. will lead to annual output of 95,000 oz by 1991 for Eastmaque Gold Mines (TSE), The Northern Miner has learned from Lukas Lundin, presi…
A $4-million exploration budget has been drawn up for 1989 for the Cape Ray gold project of Dolphin Explorations (TSE), the program to include about 30,000 ft of surface drilling. Dolphin has spent ab…
Week’s Price (US) Change Gold* $365.70 +$ 4.10 Silver* $ 5.24 +$ 0.01 Platinum* $495.60 +$11.85 Nickel** $ 5.24 -$ 0.23 Lead** $ 0.29 -$ 0.02 Copper $…
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