Construction of its Murray/ Brook gold and silver mine in New Brunswick could begin as early as May of next year, says the president of Northumberland Mines. Dr William Young says, thanks in part to f…
A production decision is still some time away for the Deka (Donalda mine) prospect in northwestern Quebec, but Syngold Exploration President Barry Simmons is confident the project will be developed. A…
Gold recovery during the second and third quarters will be 7,300 oz with an estimated production cost, including processing, of $227(US) per oz, Canreos Minerals reports. The company says it mined 65,…
The $2.3-million exploration program on Energex Minerals’ Toodoggone area property in northern B.C. has been completed. A month ago the company raised another $300,000 (flow- through) to extend the pr…
While investors scurry to find a shelter from the recent stock market debacle, gold could still provide a refuge from the recession which analysts say could be just around the corner. Current thinking…
Partners Gateford Resources and Macamic Resources expect to have a drill program completed by March, 1988, on their Reed-Belanger chromite property in the Eastern Townships, Que. Macamic must spend $7…
ALUMINUM: MW U.S. Market 85.00 cents -88.00 cents per lb. (Oct 22, 1987). ANTIMONY: New York dealer $1.10-$1.16 per lb. (Oct 8, 1987). BISMUTH: New York dealer $4.90-$5.00 per lb. (Oct 22, 1987). CAD…
Alberta-listed American Ore has reported a deficit of $9,390,795 for the six months ended June 30, compared with $8,049,966 during the same period last year. Revenues for the first six months of 1987 …
At a time when the recent stock market debacle has added to the list of available mineral properties in North America, a new player has joined the hunt for bargains. Armed with a war chest of approxim…
Drilling has commenced at Galveston Resources’ Murphy Lake mine in the Wawa area of Ontario. A minimum 20,000 ft of drilling is planned to block out reserves on the east and west zones. The first dril…
The Canadian Advisory Committee on Mining Automation, under chairman Jacques Nantel of Noranda, last week in Sudbury approved plans for the Third Canadian Symposium on Mining Automation. It will be he…
The Irish Republican Army casts a long shadow — even over a possible new Irish gold mine. A Dublin-based company, Ennex International (in which Toronto’s Northgate Exploration has a 15% direct and …
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