Noranda Exploration plans to start work shortly on the Capricorn gold property at Rouyn, Que., following the lifting in late February of a court injunction preventing any work from being conducted. No…
While the market momentum has slowed somewhat, trading activity here is still the heaviest in years. Investors have started to take profits but the general market trend continues to be bullish, and wi…
Falconbridge Ltd. plans to spend $3 million over the next three years on new technologies designed to reduce acid rain-causing sulphur dioxide emissions from its copper- nickel smelter in Sudbury, Ont…
Favorable gold and silver drilling results have been reported by Teeshin Resources for its Dome Mountain project near Smithers, B.C. In Boulder zone one, the average grade of gold indicated was 0.44 o…
Trading of Exploration Sphinx “A” shares, which have been active for the past weeks, received another boost this past week with the release of bulk sample results from the Duvay property located north…
Having already completed new ore reserve calculations at Campbell Red Lake Mines, (N.M., Jan 26/87), the Dome Mines group reports a reserve recalculation has also been done for Sigma Mines (Quebec). T…
A $5.8-million plant is to be built to treat the 260,000 tons of arsenical gold concentrates stockpiled at the Snow Lake property of Nor- Acme Gold Mines in Manitoba. These grade 0.324 oz gold per ton…
Ontario’s ministry of northern development and mines is buying six mine rescue vehicles from a Timmins manufacturer, to augment the arsenal of six mine rescue stations across the province. The vehicle…
A terrific hole, all in sulphide ore, of 620 ft grading 0.3 oz gold per ton has been pulled on the Goldstrike property in the Carlin gold belt area of Nevada by operator American Barrick Resources. Th…
Although the average cost of closing a steel plant in the United States is down substantially from a few years ago, it is still high enough to keep several non-competitive plants in operation. And, th…
Spot closing prices in Pound Sterling per tonne Date Mar. 17 Mar. 16 Mar. 13 Mar. 12 Mar. 11 Copper 906-907 916-917 926-928 913-914 900-901 Lead 308-309 313-314 …
Several Paul Penna companies were active traders this week on the COATS system. Langis Silver & Cobalt Mining heated up to 75 cents -80 cents on news that drilling is in progress on its Cobalt, Ont.,…
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