The month of June has been a stormy time indeed for precious metal investors who have been forced to endure a punishing test of the $440 (US) per oz price level. During the week, bullion prices plumme…
Chelsea Resources, a company associated with Newfields Minerals, is looking at a production startup date of July 1988 on its 55%-owned Spotted Horse gold mine in Montana, a former producer active in t…
More than $1 million will be spent by Joutel Resources and partners on exploration this year, Joutel shareholders heard at the annual meeting. A major effort will be made at the company’s property nea…
Production from the rich Isle Dieu zinc deposit near Matagami, Que., is scheduled to begin by July, 1988. Discovered in late 1985 by Noranda Exploration, the Isle Dieu deposit hosts reserves of 2,064,…
The rapid growth and successful transformation of Royex Gold Mining Corp into a major mining investment house over the past three and a half years has been nothing short of remarkable. However the ver…
June 23 June 22 June 19 June 18 June 17 Gold London Bullion Dealers afternoon (morning) $US per oz. 440.20(448.10) 438.00(443.60) 449.00(452.25) 452.20(451.10) 451.25(448.25) Gold Bank of Nova Scotia…
Recently accepted for listing on the tse was Geodome Resources, which has completed a final feasibility study for its Sunbeam mine in Idaho. President Herman Whiton Jr. reports the feasibility study e…
The death on June 19 of Mr Justice Bert James MacKinnon, Associate Chief Justice of Ontario, could complicate the already intricate Lac Minerals, International Corona lawsuit. Judge MacKinnon, who die…
Drilling results continue to be encouraging at Viceroy Resource Corp.’s Castle Mountain property in California. Step- out drilling on the west side of the Oro Belle deposit yielded some impressive dri…
Encouraging drill results have been reported this year on the Astoria property near Rouyn, Que., by Yorbeau Resources which, pending completion of a mine feasibility study, is hoping to have the proje…
Significant assays have been reported from another three holes at Balcor Resources’ Lasthope property southeast of Lynn Lake, Man. The holes included 7.5 ft of 0.83 oz gold per ton, 10.8 ft averaging …
Spot closing prices in Pound Sterling per tonne Date June 23 June 22 June 19 June 18 June 17 Copper 971-972 959-960 965-966 975-976 975-976 Lead 376-378 …
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