ATLANTIC REPORT Noranda hits significant values
Noranda Exploration continues to be active in the Atlantic provinces. On its Tally Pond-Duck Pond project in central Newfoundland the company has intersected significant precious and base metal values…
Noranda Exploration continues to be active in the Atlantic provinces. On its Tally Pond-Duck Pond project in central Newfoundland the company has intersected significant precious and base metal values…
Turning a supertanker around in a narrow channel is tricky business. Sometimes you have to come to a full halt to change direction, an analogy that probably applied to Cominco before it was taken over…
A market rally pushed the tse to record levels for the second week in a row, with metals and other resource issues counting for their fair share of the trading activity. The tse composite 300 index, w…
Cominco Resources International says it has increased potential copper-cobalt reserves at its Sheep Creek project in Montana. The property falls under a joint venture agreement with BHP-Utah Minerals …
An underground development program is under way at Esperanza Explorations’ Tillicum gold property in the Nelson area of B.C. By the first w eek in July, the 2,112 level had advanced another 220 ft and…
Langis Silver Cobalt was one of the week’s best performers. It was up 30 cents to close at $1.40. Although no formal decision has been made, a 1,200-ft shaft is planned to develop one of the company’…
July 14 July 13 July 10 July 9 July 8 ** Gold London Bullion Dealers afternoon (morning) $US per oz. 447.00(447.15) 446.50(443.70) 444.75(444.25) 444.10(445.30) 446.40(442.15) Gold Bank of Nova Scot…
The Amerindians who arrived in this country centuries ago called it Guyana — “Land of Many Waters.” Guyana has also been known as El Dorado, the site of the mythical City Of Gold. In recent years the…
Ontex Resources has reached an agreement with Cherbourg Gold Mines to acquire its 10% net profits interest in 15 mining leases in Irwin Twp., Ont., which abut the Brookbank property on the west. The t…
First General Mine Management and Gold Corp. of Toronto, has signed a flow-through agreement to earn up to $150,000 for exploration at its Missinabie area gold properties near Wawa, Ont. Under the agr…
M.A. Hanna Co. — M. Jan van Veelen appointed director of European iron ore sales; Edward G. Jaicks named manager North American iron ore sales.
Mining observers here say a $55-million economic development program announced July 13 doesn’t do much for the industry. Michel Cote, minister of regional industrial expansion, and James Kelleher, fed…
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