Recent drilling at the Mishibishu Lake gold project in northwestern Ontario has extended the main ore zone to the northeast and northwest and also the west zone which is located 2,500 ft west of the m…
A funding agreement has been completed in principle, between Canamax Resources and its major shareholder, Amax Gold. Under the deal, Amax will make available to Canamax a $10-million (US) revolving cr…
London Metal Exchange Spot closing prices in Pound Sterling per tonne Date Dec. 15 Dec. 14 Dec. 11 Dec. 10 Dec. 9 Copper 1553-1558 1570-1580 1518-1522 1432-1433 1465-1470 Lea…
Gold production started late in October at Coldspring Resources’ placer gold mine in the Osa area of Costa Rica. The company is processing 1,000 yd per day and expects to double this by spring. Gold o…
The phrase “year-end holiday” seems to have been taken literally by investors on the Montreal Exchange, where daily trading volumes slowed almost to a trickle as the week wore on. Those investors that…
A revised reserve figure has been calculated by partners Noranda Exploration (51%) and Getty Resources (49%) for their Tundra gold property located 130 miles northeast of Yellowknife, N.W.T. The new r…
MFC Mining Finance Corp. and Pioneer Metals Corp. have entered into an agreement with Hecla Mining which will see mfc and Pioneer process ore from Hecla’s Yellow Pine gold property in Idaho. Processin…
London Metal Exchange Spot closing prices in Pound Sterling per tonne Date Dec. 15 Dec. 14 Dec. 11 Dec. 10 Dec. 9 Copper 1553-1558 1570-1580 1518-1522 1432-1433 1465-1470 Lead …
Writing reports can be drudgery, and perhaps this is why reports are so often badly written, president Ian Thompson of the Association of Exploration Geochemists, (aeg), says in a preface to a new boo…
Contrary to what was written in The Northern Miner’s issue of Dec 14, (`Beep Mat’ put in the spotlight by new exploration company) there are today less than a dozen geologists and/or prospectors who h…
ALUMINUM: MW U.S. Market 86.00 cents -88.00 cents per lb. (Dec 22, 1987). ANTIMONY: New York dealer $1.12-$1.16 per lb. (Dec 10, 1987). BISMUTH: New York dealer $4.70-$4.80 per lb. (Nov 19, 1987). CA…
Newmont Mines has optioned the Ithingo Lake gold property from Claude Resources. Located in northern Saskatchewan, the Ithingo property was the site of a surface gold discovery made by Claude last fal…
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