News

Surface stripping on the Isle Dieu property near Matagami, Que., has extended, by 400 ft., the known strike length of the gold-bearing Edith vein. Explorations Minieres du Nord (ME) says three samples…

Under an agreement with Atlas (NYSE), San Francisco-based Homestake Mining (TSE) can earn a 60% interest in 450 claims on the southern portion of the Gold Bar property near Eureka, Nev. Homestake must…

C. Hoffman appointed director.

Peter Lewis appointed director.

Michael Schuler appointed exploration manager; Ing Corder appointed chief geologist of Bolivian operations.

Robert Miller appointed director.

Chester Johnson appointed director.

Gerald Phillips appointed director and interim president; Druval Westcott, Douglas Ward and Arnold Poetker appointed directors.

Salt Lake City-based Centurion Mines (NASDAQ) reports a drill-inferred geologic reserve of 600 million tons grading 0.28% copper (3.4 billion lb.) for its South Tintic project near Eureka, Utah. Indep…

Drill results indicate that the Easter property in Nevada hosts an open-pit reserve of 1.5 million tons averaging 0.069 oz. gold per ton. Three holes drilled by owner World Wide Minerals (TSE), in the…

Week’s Price (US) Change Gold* $388.20 – $3.95 Silver* $5.51 – $0.09 Platinum* $416.75 – $0.75 Nickel** $2.98 + $0.08 Lead** $0.29 $0.00 Copper $1.13 – $0.01 Zinc $0.47 $0.00 Courtesy of Scotiabank. I…

A milestone was reached this week at the Toronto Stock Exchange with the announcement that this year’s dollar-value-traded topped $147 billion. It is the second year in a row that a record was reached…