Among gold producers reporting much higher profits this quarter is Pegasus Gold. The company recorded net earnings of $4.3 million(US) for the quarter ended June 30, compared to $1.5 million a year ag…
An agreement in principle has been signed between Moss Resources and Placer Dome Inc., concerning the Fault Creek property near Pickle Lake, Ont. The claims, which are owned 60% by Moss and 40% by Can…
Higher reserves are expected by Normetal Mining Exploration following the first phase of drilling on property in Desmeloizes and Perron Twps. in northwestern Quebec. The drilling, financed by La Sarre…
A 10,000-ft program of diamond drilling is planned by Parklane Technologies on the Rox/Vox claim group in the Contwoyto Lake area, N.W.T. The company says it is preparing now to start the first-phase …
Operators of the Sleeping Giant gold-silver mine project located about 40 miles north of here are gearing for a production start-up in January, 1988, The Northern Miner learned during a recent tour. T…
Calgary-based Asamera Minerals recently released a progress report on a number of its key properties located in Germany and the U.S. Results of exploration and production from five of these projects a…
Thompson-Lundmark Gold Mines reports it has raised $435,000 for exploration work on the company’s various mining interests. President Richard Evarts tells The Northern Miner the funds came from 31.9%-…
A winter diamond drilling program will be considered by Sunmist Energy ’86 for the company`s Eric Lake gold property, following the evaluation of this summer’s exploration results. Located 50 miles in…
N.Y. Commodity Exchange Week’s High Low Close Change COPPER (in US cents per lb.) Sept. 81.65 80.95 81.30 + 0.40 Dec. 79.90 78.75 79.20 + 0.05 …
Spot closing prices in Pound Sterling per tonne Date Sept. 15 Sept. 14 Sept. 11 Sept. 10 Sept. 9 Copper 1194-1195 1105.5-1106.5 1084-1086 1098.5-1099.5 1084-1086 Lead 386-387 …
Professor R. W. Thompkins, of Queen’s University, Kingston, has expressed an interesting and we think valid thought about the value of our regular “Odds ‘n’ Sods” column, carried on this page. “Thro…
Mine development is progressing satisfactorily at Skylark Resources’ ob mine near Greenwood, B.C. By mid- August the decline was down some 1,355 ft and four crosscuts had been completed into the H zon…
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