News

Aug. 11 Aug. 10 Aug. 7 Aug. 6 Aug. 5 Gold London Bullion Dealers afternoon (morning) $US per oz. 461.20(463.20) 461.10(459.50) 464.10(464.00) 468.70(468.85) 469.80(469.85) Gold Bank of Nova Scotia, …

A subsidiary has been formed by Robex Resources of Quebec City for the purpose of bringing into production a barite deposit located in Upton Twp. in Quebec’s Eastern twps. The company hopes to have th…

N.Y. Commodity Exchange Week’s High Low Close Change COPPER (in US cents per lb.) Aug. — — 79.60 + 0.55 Sept. 79.45 78.60 79.40 + 1.05 D…

A continued gold-bearing structure 141 ft in width has been intersected by drilling at a vertical depth of 1,400 ft at the Siscoe Extension project in northwestern Quebec, Maufort Resources reports. H…

The entire Geraldton-Beardmore greenstone belt, which in its heyday boasted a dozen producers that turned out over four million ounces of gold, is once again bustling under a full-scale exploration bo…

Trading on the coats system is proving to be a big success. For the month of July, data shows that volume totalled more than 43 million shares for a value of $138.2 million. One of the more active iss…

There could be something of a crisis looming for mining companies looking to recruit professional and technical personnel for their future operations from Canada’s schools. The past few years of poo…

Orofino Resources of Toronto has begun a 4,000-ft diamond drilling program on two joint venture properties at Vermillion Lake, near Mine Center in northwestern Ontario. Part of a major shear zone and …

One of Canada’s most famous economic geologists, William Harvey Gross, has died. Dr. Gross, who was born in New Westminster, B.C., in 1917, first became interested in mining while working as a mucker …

Trading continues to be active but with gold hovering at $460- $465(US) and supposedly poised to make a run at $500, investors seem to be taking a moment for reflection. The vse index on the week clos…

Consolidated Reactor Uranium Mines, (which plans to change its name to Canaustra Gold Exploration), says it has started a phase-1 exploration program on its gold prospect in Ontario’s Hemlo area. The …

A joint venture is being arranged between California Gold Mines and Pegasus Gold for the purpose of placing the Stewart Outcrop zone into production on California Gold’s 100%-owned Zaca property locat…