Sulphide mineralization has been located one mile north of Cominco Resources International’s (TSE) Buckhorn mine near Carlin, Nev. The new discovery is the product of a major exploration program desig…
Canacord Resources (TSE) is trying to sell its 9.9% interest in the Premier Silbak gold property but hasn’t ruled out the possibility of putting up its share of the financing to put the property into …
The U.S. Supreme Court has ruled that the department of energy in that country is not required by law to restrict the enrichment of foreign uranium if such a restriction would not “assure the maintena…
Re: your article on Kiena, Sigma and Placer (N.M., June 20/88): After the Ontario Securities Commission denied our request for a hearing in the matter of the amalgamations of Placer Dome with Kiena an…
While no further work is contemplated at the present time on the Red Lake area gold property of Craibbe-Fletcher Gold Mines (COATS), at such time as access can be provided from the underground working…
Approximately 1,100 tons of ore grading 0.38 oz gold per ton was processed by Chelsea Resources (VSE) during May at its Spotted Horse mine near Lewistown, Mont. Fernando Nuflo- Moya, a company directo…
Trading volume has slowed considerably in the face of higher interest rates, a stronger Canadian dollar, and weaker gold prices. Many people were hoping that Huntington Resources Brett discovery near …
First discovery of gold on the Desjardins property located 18 miles north of Quevillon, Que., has been announced by Brex Exploration (ME). President Claude Britt said two gold lenses were uncovered wi…
ALUMINUM: MW U.S. Market $1.26-$1.32 per lb. (June 2, 1988). ANTIMONY: New York dealer $0.98-$1.02 per lb. (June 9, 1988). BISMUTH: New York dealer $5.55-$5.70 per lb. (May 12, 1988). CADMIUM: New Yor…
The MacLellan gold mine owned by SherrGold Inc. (TSE) is performing so well that recent production forecasts have been improved by the company. Speaking at the annual meeting in Toronto, Stephen Datte…
One of the major challenges facing today’s mining industry lies in building a continuing supply of young engineers — not only in mining and metallurgy but in other disciplines such as electrical and …
London Metal Exchange Spot closing prices in Pound Sterling per tonne Date June 14 June 13 June 10 June 9 June 8 Copper 1376-1380 1430-1432 1555-1560 1525-1540 1480-1485 Lea…
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