A start was to have been made on deepening the shaft to 3,500 ft from the present bottom level of 2,500 ft at Broulan Resources’ (TSE) main property in the Timmins area of Ontario, where Belmoral Mine…
Falconbridge Ltd. (TSE) wasted no time in getting in its final bid to Placer Dome (TSE) to buy back the 24.9% stake Placer holds in the big nickel company. Having successfully obtained Ontario Securit…
N.Y. Commodity Exchange Week’s High Low Close Change COPPER (in US cents per lb.) Jul 105.50 102.05 105.40 — 2.95 Sep 100.00 96.80 100.00…
The price of gold fell to $434.90(US) per oz at presstime, with analysts blaming a stronger U.S. dollar and falling grain prices for the decline. “The U.S. dollar is strong, that’s the key,” said Toro…
A falling gold price at week’s end seemed only to spur investors on the Montreal Exchange, where both the market portfolio and mining and minerals index recorded gains during the holiday-shortened tra…
Discerning the geometry of Geddes Resources’ (TSE) Windy Craggy deposit has been more difficult than anticipated — even from underground mine workings. The company has been drilling fan holes to stra…
With a successful financing, NovaGold Resources (TSE) of Halifax, N.S. could have its first gold mine in production by the end of the year, says president Gerald McConnell. Speaking at an information …
As in past years, international mining company Consolidated Gold Fields’ Gold 88, a review of last year’s gold scene around the world, does not disappoint. Below is a sampling of information “nuggets”…
Chances look good that prospectors will be flocking to take advantage of a new mineral exploration assistance program set up by the province of New Brunswick. Though it had been open for business for …
Gold production has resumed at La Teko Resources’ Ryan Lode mine near Fairbanks, Alaska. A dore bar weighing 278 oz was poured June 20 and a second was scheduled by month- end. Over 1,000 oz of gold h…
ALUMINUM: MW U.S. Market $1.30-$1.40 per lb. (June 23, 1988). ANTIMONY: New York dealer $0.92-$1.00 per lb. (June 23, 1988). BISMUTH: New York dealer $5.60-$5.75 per lb. (June 23, 1988). CADMIUM: New …
According to a study by Andre Lemieux of the federal department ofEd Resources, cash operating costs of the 45 mines inCose sole or most valuable product was gold averaged$ut $200(US). Those mines acc…
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