British investors have apparently developed an insatiable appetite for gold properties in the Iskut River area of northwestern B.C. This time it’s the snip property of Cominco and Delaware Resources w…
When someone talks about gold supply and demand, it’s best to remember that throughout history, the precious metal never seems to have been out of fashion. What made gold attractive centuries ago — i…
An offer by Belmoral Mines to purchase about 6.4 million shares of Louvem Inc. has been rejected by the latter’s board of directors. Belmoral proposed buying the shares at $3.15 per share, for a tot…
Ontario Ministry of Northern Development and Mines — Peter Mancini has been appointed senior mineral statistician in the mineral development and lands branch of the mines and minerals division.
Encouraging results have been reported by Explorations Minieres du Nord from its Isle-Dieu gold property in the Matagami Lake area of northwestern Quebec. Among the better assays was hole 837W-1, whic…
With two advanced-stage gold properties now under option, Panorama Petroleums is moving quickly to evaluate its production potential. Reflecting its new emphasis on mining, the company also plans a na…
During a week when a number of prominent gold issues were rocked by a sudden drop in the price of gold bullion (from $460(US) to $454.90), a prominent investment publication had some more bad news. In…
Under a joint venture agreement with Northgate Exploration of Toronto, Norbeau Mines can earn a 60% interest in a former producer called the Lemoine mine property within four years. Located approximat…
FREE MARKET .HLondon Metal Exchange .LSpot closing prices in Pound Sterling per tonne Date Oct. 6 Oct. 5 Oct. 2 Oct. 1 Sept. 30 Copper 1156-1157 1159-1160 1131-1133 1138-1140 11…
Tusk Minerals tsk-ase of Calgary has entered into an agreement to make an offer to acquiree all of the shares of New Quebec Platinum, a Calgary-based mineral exploration company. Under the terms of th…
Recently completed underground drilling in the central portion of the Beauchastel property near Rouyn-Noranda, Que., has returned encouraging values, Augmitto Explorations reports. Hole 87-B5-53, over…
The old axiom that mines are made and not found rings true for the Spotted Horse project of Chelsea Resources, 20 miles from Lewistown which locals claim is the geographic centre of Montana. The proje…
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