News

Kennecott’s concentrator at Copperton, Utah, is getting 33 new 3,000-cu-ft flotation machines this year to recover copper, molybdenum and gold from the Bingham Canyon open pit copper mine. The new con…

There are always exceptions to the rule. Trading in resource issues this week on the Montreal Exchange was generally off, if the falling mining and minerals index was any indication, but a couple of s…

The Soviet Union and China substantially increased sales of gold to the West in 1986, says the British firm Consolidated Gold Fields. Sales from the Communist bloc, at 402 tonnes, were almost twice th…

Spot closing prices in Pound Sterling per tonne Date May 26 May 25 May 22 May 21 May 20 Copper 915.5-916.5 N/A 918-919 908-909 914.50-915.50 Lead …

Drilling to date from the Aw zone on Yorbeau Resources’ Astoria property near Rouyn-Noranda, Que., totals 32 intersections, of which 78% have assayed gold values in excess of 0.1 oz per ton, President…

Newhawk Gold Mines reports it has completed a private placement of one million units, through Richardson Greenshields of Canada (U.K.) as exclusive agent. Each unit consists of one Newhawk share and …

Potash was the name given to the evaporation residue from water leac hing of wood ash. The element potassium was first prepared in 1807 by Sir Humphrey Davy using electrolysis. Today potash is the ter…

The Randol Gold Forum 88 is scheduled to take place in Yuma, Ariz., on Jan 23-24, 1988. The conference is the fifth on the subject by Randol International, and celebrates the 10th anniversary of the c…

Nuinsco Resources and partner Seadrift International have received some promising results from drilling at the Aldermac joint venture project in Beauchastel Twp. west of Rouyn/Noranda, Que. Under Nu…

The market correction in Vancouver has pummelled speculative gold stocks and some of the more “blue chip,” issues as well. Yesterday the VSE index tumbled 44.3 points and today it was down another 8.5…

First phase of a $7.8-million underground development program at the joint-venture Favourable Lake gold-silver project in northwestern Ontario, north of Red Lake, is under way. Partners in the venture…

Quest Energy Corp. has changed its name to pch Post Career Habitats Inc. on a 1-new-for-2-old share basis.