News

Ex-Placer executives form new exploration company

A group of ex-Placer Development (now Placer Dome) executives have formed a new exploration and development company called Pan Orvana Resources. It hopes to raise from $4.5 to $11 million in an upcomi…


Antelope drilling Rossland project

A 15,000-ft drill program is under way on the Rossland, B.C., gold property held by partners Antelope Resources and Bryndon Ventures. Located near the former producing Le Roi mine, the Antelope proper…



Aster investigates two gold showings

During recent exploration work, Aster Exploration (ME) discovered two encouraging gold indications on its Langloiserie property located southwest of Chibougamau, Que. The first was uncovered at a dept…


World Trade Center site of Gold Show

Organizers of the precious metals investment conference, The Gold Show, have announced that a second Gold Show will be held in New York City at the World Trade Center June 13-26. The show will be the …


Bike, boat, run at Timmins event

The Great Porcupine Gold Rush Triathlon — a bicycling, canoeing, and running event over the actual route of Ontario’s Porcupine Trail from Kelso to the Porcupine camp — will be held Sunday, July 31,…


Hopes of Syngold chief, rest on Donalda property

If Syngold Exploration (TSE) is to join the ranks of Canadian gold producers, the company’s first output should come from the Donalda project near Rouyn-Noranda, Que. While Syngold is busy with explor…



Reduced gold output adds to Inspiration’s losses

A seasonal absence of production at the Nome, Alaska, placer gold mining project and reduced output at the Austin gold mine in central Nevada were factors in a first quarter net loss of $5 million, In…


Golden Terrace signs drilling agreements

Golden Terrace Resources Corp. (TSE) has entered into exploration agreements with CMP 1988 Resources Partnership and Co. Ltd. and CMP-II Resources Partnership and Co. Ltd. to spend $350,000 by June 30…



PRODUCER PRICES (May 30, 1988)

ALUMINUM: MW U.S. Market $1.12-$1.18 per lb. (May 12, 1988). ANTIMONY: New York dealer $1.08-$1.13 per lb. (Apr 14, 1988). BISMUTH: New York dealer $5.55-$5.70 per lb. (May 12, 1988). CADMIUM: New Yor…


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