deposits of cobalt off the islands of Tuamotu near Tahiti, says the French government. Production was halted Oct 22 at Boliden AB’s Aitik copper mine near Gallivar in northern Sweden when 400 of the m…
The hot Pickle Lake exploration area in northwestern Ontario is covered by a set of 59 new survey maps just released by Ontario’s Ministry of Northern Development and Mines. The ministry says the maps…
A 14% jump in net earnings in the first nine months this year over the same period last year, has been attributed by Lornex Mining Corp. to reductions in operating costs and all other expenses. Lornex…
Pending a successful refinancing of Gowest Amalgamated Resources, the company is considering additional drilling on its Denton Twp., Ont., gold prospect, west of Timmins. A 5,000-ft program is conside…
When the U.S. dollar strengthened during the past week, gold prices dipped sharply, further evidence that the overiding factor in gold markets continues to be the relative strength of the U.S. dollar….
Brunswick Mining and Smelting reports a loss of $8,090,000 for the nine months ended Sept 30, against a loss of $2,316,000 for the similar period in 1985. Net revenue was $157,504,000 compared with $1…
Probably better than most companies, Granges Exploration recognizes the importance of a drill hole. That fact alone best explains why the company will complete 15,000 to 20,000 ft of drilling this yea…
Definition drilling of the 67 zone at the Rand Malartic, Quebec gold property of NSR Resources is under way with encouraging results being returned. So far, 23 underground holes have been completed at…
St. George Minerals has reached an agreement to acquire the Dean mine property located two miles southeast of its Fisher gold project in Nevada’s Battle Mountain area. President Frank Varseveld claims…
RTZ Minerals, a wholly owned subsidiary of the traditionally conservative Rio Tino Zinc PLC of London, has signed an option agreement with CNM of Brazil to earn a 40% interest in a platinum/ paladium …
Beaufield Resources, has entered into an agreement with Kidd Creek Mines, an affiliate of Falconbridge Inc., giving the company the right to earn a 49% interest in Kidd Creek’s Lac Barry area properti…
What probably represents the largest single exploration and development program in B.C. is well under way 77 miles north of Telegraph Creek. North American Metals Corp. is spending $3.3 million on Che…
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