A subsidiary of Homestake Mining (NYSE) recently confirmed long-standing rumors that a major “Lupin-type” gold deposit was discovered in the Northwest Territories. Robert Boyd, director of Canadian ex…
A dedication ceremony was held Nov 18 to mark the official opening of the Mother Lode open pit gold mine near Beatty, Nevada. The 2,500-ton-per-day heap leach mining operation is held by a joint ventu…
ALUMINUM: MW U.S. Market US76.00 cents – 77.00 cents per lb. (Nov 16, 1989). ANTIMONY: New York dealer US85 cents -90 cents per lb. (Nov 9, 1989). BISMUTH: New York dealer $4.55-$4.65(US) per lb. (No…
The price of gold may have risen above $400(US) for the first time since January, but the yellow metal’s return to health wasn’t really reflected in Alberta share prices for the week ended Nov 21. Man…
A production decision for the Eagle River project could come by September as underground work has been advancing rapidly and a mill test of 60,000 tons of development ore is scheduled to begin shortly…
Major gold producer Giant Yellowknife Mines (TSE) and its associated Pamour group companies may have a new owner by the end of the year. Parent company Giant Resources of Australia has entered into a …
An agreement in principle has been signed between Goldhurst Resources (VSE) and Euro- Nevada Mining (TSE) which gives Euro-Nevada the right to buy 50% of Goldhurst’s royalty in the Mouska gold project…
A recent natural gas pipeline explosion may have resulted in lost nickel production at the Soviet Union’s Norilsk smelter complex. Cold weather is being blamed for the rupture of the pipeline, which p…
Large gold-producer Corona Corp. (TSE) plans to add to its growing output by purchasing a 51% interest in the producing gold- silver Cannon mine in Washington State from Asamera Minerals (TSE). Corona…
Prospects continue to brighten at the New World project owned 100% by Crown Butte Resources (VSE). Situated in Park Cty., Mo., the New World property is managed by Noranda Inc. (TSE) under a September…
A net loss of $2 million or 11 cents per share was reported by Canamax Resources (TSE) on revenues of $12 million for its third quarter ended Sept 30. These results, which include proceeds from the …
A drill program by a subsidiary of Homestake Mining (NYSE) is under way on the Kamad 7 claim adjacent to the Minnova/Rea Gold Samatosum mine near Barriere, B.C. According to Kamad Silver (VSE), previo…
By continuing to browse you agree to our use of cookies. To learn more, click more information
Dear user, please be aware that we use cookies to help users navigate our website content and to help us understand how we can improve the user experience. If you have ideas for how we can improve our services, we’d love to hear from you. Click here to email us. By continuing to browse you agree to our use of cookies. Please see our Privacy & Cookie Usage Policy to learn more.