News

Placer Dome in second phase drilling at Mexican Hat

A second- phase drill program by Placer Dome U.S. is under way on the Mexican Hat bulk tonnage gold property in Cochise Cty., Ariz. Oneida Resources (VSE) began exploring the gold prospect early this …




Major General busy in Newfoundland

Vancouver-based Major General Resources reports that a diamond drilling program has started on its Rendell-Jackman gold property held under option from Noranda Inc. (TSE) in north-central Newfoundland…


St. Genevieve to earn 50% in Wrightbar copper bet

A subsidiary of Montreal-based St. Genevieve Resources (TSE) has agreed to earn a 50% interest in the southern half of a Val d’Or, Que., area copper project held by Wrightbar Mines (ME). Situated in B…



Aurizon uncovers new vein structure

Exploration work on the Sleeping Giant gold mine property north of Amos, Que., in the area of the current mine workings, has succeeded in uncovering mineralization from the down-dip extensions of the …


Metal Prices PRODUCER PRICES (November 06, 1989)

ALUMINUM: MW U.S. Market US79.00 cents – 80.00 cents per lb. (Oct 26, 1989). ANTIMONY: New York dealer US94 cents -98 cents per lb. (Sept 14, 1989). BISMUTH: New York dealer $4.80-$4.90(US) per lb. (…


Earnings mount for Teck Corp.

The latest financial results for Teck Corp. (TSE) show increased earnings for the nine months ended September 30 because of higher base metal prices and increased gold production from the David Bell m…


Acadia board in state of flux

A shakeup is in the works at Acadia Mineral Ventures (TSE) which could cost President Donald Smith his job. Before the company’s annual meeting in Toronto could be properly constituted, Smith announce…


Zinc, copper prices boost Cominco earnings

Higher prices for zinc and copper brought about an increase in unaudited consolidated earnings for Cominco Ltd. (TSE) during the first nine months of 1989. The company reported earnings of $175.5 mill…


Belmoral, Aur sign milling deal

A custom-milling agreement has been signed between Belmoral Mines (TSE) and Aur Resources (TSE) whereby the former will mill all gold ores produced from Aur’s Kierens and Norlartic projects for four y…


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