A $150,000(US) development drilling program has begun at the Valdez Creek placer gold mine in Alaska, and stripping operations are expected to get under way there in early June. The work program opens…
Freewest Resources has filed a prospectus for the issue of one million common shares at 50 cents per share. The proceeds will be used to finance exploration on the company’s Collet-Laberge properties…
Monk Gold & Resources has signed an agreement with a private company to have 50,000 tons of material mined and milled. The reserves, on Monk’s property near Wawa, Ont., grade 0.35 oz gold per ton. Mon…
Week’s High Low Close Change PLATINUM (in US$ per oz.) May 614.00 614.00 614.90 — 2.30 July 627.00 615.00 619.90 — 3.30 Oct. 633.00 622.00 …
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…
By continuing to browse you agree to our use of cookies. To learn more, click more information
Dear user, please be aware that we use cookies to help users navigate our website content and to help us understand how we can improve the user experience. If you have ideas for how we can improve our services, we’d love to hear from you. Click here to email us. By continuing to browse you agree to our use of cookies. Please see our Privacy & Cookie Usage Policy to learn more.