News

Golconda using new method at California gold project

Calgary-based Golconda Resources (ASE) recently announced some encouraging drill results from its Star City gold property in California. Golconda can earn a 60% stake at Star City where the company ha…


Backing the ruble with gold

The spirit of glasnost and perestroika transforming the political landscape of the USSR and Eastern Europe is already creating some fascinating opportunities for Canadian mining companies. The Sovie…


Aurizon, Ezekiel await Val d’Or drill results

More results are expected by year-end from a 20,000-ft drilling program on Aurizon Mines’ (TSE) Connell Corner property adjacent to the Aur-Louvem base metal discovery near Val d’Or, Que. The property…


Ontario’s annual mines symposium starts Dec 11

Ontario’s annual mines and minerals symposium is being held Dec 11-13 at the Metro Toronto Convention Centre. “The aim of the symposium is to allow participants to learn as much as possible about mine…


Spot prices at a glance (December 04, 1989)

Week’s Price (US) Change Gold*$410.75+$ 4.15 Silver*$ 5.61 $ 0.19 Platinum*$515.35 $17.15 Nickel**$ 4.17 $ 0.18 Lead**$ 0.30 Copper-$ 1.15+$ 0.03 Zinc-$ 0.64+$ 0.01 Courtesy of Scotiabank. Informa…


Antioch seeks funds for N.S. Mines

Westminer (Canada) may have done another company a favor when it abruptly dropped an option on the Logan gold property here in November, 1988. Its sudden departure, after spending $5 million on drifti…


Correction (December 04, 1989)

Contary to what was reported (N.M., Nov 27/89), NovaGold Resources (TSE) President Gerald McConnell currently holds 577,000 of the company’s shares. Secretary-treasurer Angus McIssac holds 758,837 Nov…


Brazil Gold ’91

Brazil Gold ’91, an international conference on the geology, genesis and exploration of gold deposits, is scheduled to take place May 7-22, 1991, at Belo Horizonte, Minas Gerais, Brazil. Attendants at…


Fish Lake deposit before the courts

On page 12 of your Nov 13 issue in your news item regarding Pioneer Metals, you indicate that the Fish Lake deposit is owned by Cominco Ltd. The Fish Lake deposit is a porphyry copper-gold deposit con…


Maufort names new president

Junior Maufort Resources (ME) has a new president following the recent resignation of the company’s board of directors. Paul Billette has replaced Maurice Fortin in the president’s chair. A couple of …


Little gold, Plenty goes

Plenty River Mining, an Australian company, has terminated its option to earn a 50% interest in the Kramer Hills gold deposit from Beaver Resources (TSE). Situated in California, Kramer Hill hosts res…


Inco in Botswana

Inco Ltd. (TSE) has signed a joint venture agreement with Molopo Australia to explore Molopo’s platinum concessions in Botswana, Africa. Under the terms of the deal, Inco will fund the first year’s ex…


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