Sullivan resumes Goldstack drilling
Good results are being reported from drilling on Goldstack Resources’ Dubuisson Twp. property with funds provided by Sullivan Mines. Hole 86-18 has returned a 41 ft intersection from 908.5 ft to 949.5…
Good results are being reported from drilling on Goldstack Resources’ Dubuisson Twp. property with funds provided by Sullivan Mines. Hole 86-18 has returned a 41 ft intersection from 908.5 ft to 949.5…
U.S. iron ore consumption dropped more than 11% in June from the previous month and nearly 13% from the same month a year ago, the American Iron Ore Association reports. Consumption totalled 4.7 milli…
The Australian federal government plans to resume uranium exports to France, according to a budget speech delivered in August. “The government put economic rationality ahead of factional passion by de…
Exploration work is under way on the platinum properties held by American Platinum Inc. in the Lac des Iles area, 50 miles north of Thunder Bay, Ont. Linecutting, geochemical and geophysical surveys a…
Dome Mines, Campbell Red Lake Mines and Sigma Mines (Quebec) plan to restructure their gold interests in the United States. Campbell will buy Dome’s and Sigma’s indirect interests in the Dee gold mine…
Gold-purchase warrants are gaining favor among gold producers as a way to attract investors. Three companies have issued gold purchase warrants in the past two months, but the market…
The net asset value per class A share of Goldcorp Investments as of the close of business Thursday, Sept 4 amounted to $10.32 . The closing market price on the Toronto Stock Exchange for that day was …
Leslie (Les) Hermiston, a prospector who like many others cut his teeth on silver during the heyday of Ontario’s Cobalt camp, has died at the age of 85. Mr Hermiston, a native of Cobalt, died at the h…
Costs of a diamond drilling program near common boundaries between claims held by Newmont Exploration of Canada and Golden Briar Mines will be shared equally, the latter company says. The properties, …
Pancana Minerals reports net earnings of $1,146,000, (24 cents a share after allowing for preferred share dividends) in the 6-month period ended June 30, compared with earnings of $2,008,000 or 50 cen…
Now that a prolonged fight with its Reid mine partners is over, Ter ramar Resource Corp. has commenced a major exploration program at the mine which will include dewatering the 800-ft level. The main …
On the whole, Ontario’s mines are safer now than they’ve ever been, according to statistics published by the Mines Accident Prevention Association Ontario (MAPAO). Injuries resulting in lost time for …
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