News

Exploration ’87, otherwise known as the “Third Decennial International Conference on Geophysical and Geochemical Exploration for Minerals and Groundwater”, has attracted a distinguished slate of the w…

A second high grade zone has been discovered at Fairfield Minerals’ Logan zinc-silver property 65 miles west of Watson Lake, Yukon. The property falls under a joint venture agreement with Getty Resour…

An acquisition program for platinum and gold properties has been completed by Overseas Platinum Corp. Armed with $1.75 million raised from a private placement of shares with a group of European financ…

A joint venture agreement involving Newmont Gold and American Barrick Resources is the latest development in Newmont Mining Corp.’s attempt to stave off a takeover bid by an American investment compan…

The Canadian mining industry wants and needs a free trade deal with the United States, but the outlook for it wasn’t much improved by the meeting on the subject the other day in Ottawa between Prime M…

New financing has been arranged by Rado Reef Resources that should see its gold-silver mine near Cortez, Col., through to production. Rehabilitation of the underground workings is already under way, a…

Geologists at tse-listed NovaGold Resources are satisfied with geological evidence that indicates the Plenty Zone on the Fifteen Mile Stream property in Halifax Cty., N.S., comes to surface. Discussio…

Black Gregor Explorations have received some encouraging results from exploration at their Hemlo gold property north of Marathon, Ont. Located 12 miles northwest of the Lac-Noranda-Corona Hemlo gold m…

Coxheath Gold Holdings of Bedford, N.S., will be the first mining company to cash in on a new provincial investment incentive, the Nova Scotia Stock Savings Plan. Investors who buy the stock of qualif…

Cuvier Mines is suing Noranda Exploration for what it says was the improper transfer of mining claims to Noranda. Cuvier launched the lawsuit in the Supreme Court of Newfoundland this week over 20 cla…

London Metal Exchange — Didrik Normark and Jon Pither have joined the board.

N.Y. Commodity Exchange Week’s High Low Close Change COPPER (in US cents per lb.) Sept. 81.00 78.50 80.90 — — Dec. 79.25 76.70 79.15 + 4.20 J…