July 28 July 27 July 24 July 23 July 22 Gold London Bullion Dealers afternoon (morning) $US per oz. 456.15(454.20) 453.15(453.10) 453.30(454.00) 453.95(454.75) 454.90(454.45) Gold Bank of Nova Scoti…
Positive results have been returned from an underground diamond drilling program on the Fawn vein at Gunsteel Resources’ Nugget property near Salmo, B.C. According to Stan A. Endersby, president, the …
Despite today’s low prices, reflecting a persistent oversupply, the copper indus try remains active in Chile. Since the country possesses more than 25% of the world’s copper, it is not surprising that…
After promising to turn a profit during the latter three quarters of 1987, Falconbridge Ltd. has begun to deliver. The company recently reported a $2.5-million profit in the second quarter of 1987, be…
Geological ore reserves on the Carbonate Hill property in Colorado, in the Cripple Creek mining district, have been calculated to be 14 million tons grading 0.031 oz gold per ton, Levon Resources repo…
An 8-man field crew under a staff geologist is now on location carrying out geophysical and geochemical surveying, mapping and prospecting on the wholly-owned “Highway” Permit of Eastmain Resources in…
Northern Mining Explorations of Amos, Que., plans to raise up to $1 million through a new limited partnership, Societe en Commandite Isle-Dieu Matagami, the company reports. J. J. Martel, executive vi…
The near future looks most encouraging for copper, reports Shearson Lehman Brothers in its latest quarterly report on the base metal. The New York company is forecasting that copper will continue to d…
With the summer field season moving into the second half, Alberta resource companies are well represented all across Canada. Mostly Calgary-based, the majority are conducting gold searches in the Nort…
For investors on the lookout for a long-term bet with above average potential, Merrill Lynch mining analyst Robert Cook is recommending Giant Yellowknife Mines. One of Canada’s “major league” gold pro…
What probably represents one of the least promoted platinum group metal discoveries in the country has yielded some impressive results. Equinox Resources and Technigen Corp. have completed an extensi…
Encouraging gold mineralization has been encountered by widely- spaced surface drilling at Cambior Inc.’s 100%-owned Mouska property in Quebec’s Bousquet Twp., immediately west of the Doyon mine, the …
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