It was a turbulent week for gold shares as the price of the yellow metal on commodity markets swung wildly as hope for more stability in the U.S. dollar took hold. On Monday, the price of gold shot up…
Encouraging assay values have been received by Aber Resources from the company’s S.P. property near Russell Lake, N.W.T. Two holes in the main zone intersected multiple gold-bearing zones. Hole 36 cut…
In-fill drilling by Savanna Resources on the company’s Turner Albright massive sulpide deposit has cut wide sections of sulphide and gold mineralization. The property is located in Oregon. Hole 60 int…
An underground decline has been completed at the Jolu property in the La Ronge area of Saskatchewan. Royex Gold Mining is operator for the joint venture which includes Canadian Premium Resource Corp. …
A program of line-cutting, geophysical and first phase of a diamond drilling program is planned by Alberta-listed Energy International Overseas Corp. on its newly- acquired Bernier group of claims nea…
McFinley Red Lake Mines has entered into an agreement with Alexandra Mining, a private Bermuda-based company, for a private placement of McFinley shares. When completed, the deal will gross McFinley $…
The third international platinum seminar organized by Metal Bulletin and Futures & Options World will take place May 21 in London, England. Speakers confirmed for the seminar include Kevin Gribbons of…
A loss of $961,000 or 30 cents a share is reported by United Keno Hill Mines for the 1987 first quarter. It compares with a loss of $697,000 or 24 cents a share in the similar period last year. The c…
Spot closing prices in Pound Sterling per tonne Date April 28 April 27 April 24 April 23 April 22 Copper 894-896 880-881 870-871 877-878 897-898 Lead 386-387 373-…
Spot Gold, Silver, Platinum and Palladium prices April 28 April 27 April 24 April 23 April 22 Gold London Bullion Dealers afternoon (morning) $US per oz. 453.00(455.75) 474.75(476.6…
Paying three dividends in the first year of production is quite an accomplishment for any gold mining company, including a medium-sized one like Blackdome Mining. But not all mines are as successful …
A 48-ft thick structure at a depth of 222 ft has been identified by Robex Resources of Montreal on its Soma property in Duverny Twp. in Abitibi in northwestern Quebec. The new weathering zone was iden…
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