Drilling is under way on Hemisphere Development Corp.’s property in the Courageous Lake area of the N.W.T. An $800,000 surface exploration program will include 20,000 ft of diamond drilling. The Hemis…
A lacklustre week on the Montreal Exchange this week exhibited little of the activity in resource issues which has characterized trading the past months. Market activity in general was moderate. Tradi…
NOW YOU SEE IT — NOW YOU DON’T] Just what gives with that flip-flop on capital gains taxation as now proposed by Finance Minister Michael Wilson in his recent White Paper on tax reform? Wasn’t he on…
ALUMINUM: MW U.S. Market 72.50 cents -74.00 cents per lb. (June 11, 1987). ANTIMONY: New York dealer $1.18-$1.23 per lb. (May 14, 1987). BISMUTH: New York dealer $3.35-$3.45 per lb. (June 4, 1987). CA…
Fort Knox Gold Resources says encouraging results have been received from drilling by Inco Ltd. on the Crow Lake property, southeast of Kenora, Ont. Inco drilled a total of 2,845 m in 16 holes on the …
A large quartz breccia zone has been outlined on Welcome North Mines’ Trout gold property near Vanderhoof, B.C. The company says a comprehensive exploration program is under way to determine the heap …
Vancouver-based Getchell Resources has granted Getty Resources the option to earn an interest in an epithermal precious metal deposit in Humboldt Cty., Nev. Under the agreement Getty can obtain a 50% …
Charges have been laid against Inco and two Inco foremen in connection with an April 14 accident that killed four miners at the company’s Levack nickel mine in Sudbury. Inco has been charged under Ont…
Abaterra Energy reports it has signed a letter of intent with Marshall Energy whereby Abaterra proposes to sell substantially all of its petroleum and natural gas properties and interests to Marshall,…
Exploration work has started on the Mets property of Manson Creek Resources and Golden Rule Resources in the Toodoggone area north of Smithers, B.C. Diamond drilling is scheduled to begin once drill s…
Brohm Resources of Vancouver has decided to begin construction immediately on a Phase 1 heap leach production facility at its Gilt Edge mine in Deadwood, South Dakota. After the heap leaching producti…
N.Y. Commodity Exchange Week’s High Low Close Change COPPER (in US cents per lb.) June 68.95 68.95 68.90 — 1.90 July 69.20 68.15…
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