Shares of base metal explorer Bonanza Metals moved up 10 cents to 55 cents on thin volume of 8,000 shares during the report period ended May 29. The company has been focusing most of its recent effort…
Ticker Tape Res — 600,000 sold for gross $342,000. Suntac Minerals — 1,800,000 sold for gross $756,000. Gratiam Res — opt exerc on 137,500 @ 40 cents per sh. First Star — 400,000 offered @ 50 cent…
Although it was overshadowed by some verbal sparring at Northgate Exploration’s (TSE) recent annual meeting in Toronto, the first gold pour was expected to occur last week at the Colomac gold mine, no…
A recently completed exploration program on the Porcher Island gold property held by Cathedral Gold (TSE) appears to have prompted the company to look for a partner. .TLast year’s program was designed…
Noranda has discovered a new gold-bearing structure on the Holloway gold property near Matheson, Ont. Infill drilling on the claims it shares with Freewest, Noranda intersected grades of up to 0.42 oz…
N.Y. Commodity Exchange Week’s High Low Close Change COPPER (HG) (in US cents per lb.) June 118.00 114.50 115.00 — 4.50 July 115.80 112.30 112.50 — 3.65 Aug — — 109.30 — — SILVER (in US cents pe…
For US$4 million, Copper Range Mining has purchased a 6,000-ton- per-day mill section from Round Mountain Gold. Copper Range is a unit of Metall Mining (TSE), while Round Mountain is a subsidiary of E…
The partners involved in the Douay Twp. gold discovery near Casa Berardi, Que., are preparing to launch a new drilling program to look for an extension of a mineralized zone that yielded 59.3 ft. of g…
0701,0205,0205,0205,0205,0205,0205,0205, May 29 May 28 May 25 May 24 May 23 HIGH LOW Composite “300” 3524.20 3498.68 3494.69 3510.57 3519.40 4009.47 3334.13 Metals & Minerals 3125.31 3070.48 3061.95 3…
Some unexpected developments at Audrey Resources’ (TSE) Mobrun polymetallic mine near Rouyn-Noranda, Que., contributed to an unprofitable first quarter for the company. Audrey reported a net loss of $…
A new high-grade uranium discovery has been confirmed by Cameco on its 44% owned McArthur River joint venture project in the Athabasca Basin of northern Saskatchewan. The discovery is about 70 km nort…
The closure of their mine and mill in Desmaraisville, Que., has hurt Bachelor Lake Gold Mines’ (TSE) 1989 financial results. Producing for only half of the year, Bachelor reported a net loss of $3.4 m…
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