In the red since its reorganization in 1983, Inspiration Resources of New York has reported a net profit of $38 million for 1986, compared to a net loss of $291 million for the year before. Inspiratio…
Geddes Resources is well ahead of schedule in its work on a 5,500-ft adit to explore the gold zone of the sulphide deposit at its big Windy Craggy copper-gold-cobalt-zinc project, in northwestern B.C….
Noramex Minerals says a $200,000 exploration program is under way at its Bunce gold project near Lovelock, Nev. The work is being funded by Calvada Resources which can earn a 60% interest for $1.6 mil…
Jewelry fabrication accounts for almost 60% of the gold coming on the world market, with industry, small bars and coins taking up their fair share of the precious metal. British author Timothy Green, …
Musto Explorations says it’s “continuing to explore a number of alternatives for improving its working capital position.” President H. Lutz Klingmann confirms that some of the funds would be used to f…
Two agreements with NIM and Co., Ltd. Partnership — 1987, dealing with private placements of common shares on a flow-through basis, have been closed by Galveston Resources. The agreements provide for…
Canadian Gold Resources reports it has raised $1 million for exploration programs on several Ontario properties. According to President Gordon Leliever, $500,000 secured from Colray Resources will be …
Inco Ltd. has shipped the first train load of nickel-copper ore from its newly-reopened Crean Hill mine at Sudbury, Ont. The reactivated mine is being made all-electric and will be one of the most tec…
Shallow drilling from surface, financed by Alberta-listed Greenstrike Gold Corp. has intersected significant widths of ore grade gold mineralization on a property in Halifax Cty., N.S. Preliminary dri…
Week’s High Low Close Change COPPER (in US cents per lb.) May 68.60 67.65 68.00 + 3.10 July 67.65 66.60 66.95 + 2.75 Sept. 66.85 66….
Minerals play a key role in advanced industrial materials such as polymer-based composites and advanced ceramics. And Cominco Ltd. is planning to capitalize on the potential for mining these minerals….
The gold discovery that started it all in the Timmins-Porcupine camp in 1908 — the old Hunter Gold mine — could come to life again. Eric Davis, chief executive officer of coats-listed Wabigoon Resou…
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