Armed with extensive financing from its parent, the Royal Dutch/ Shell Group, Billiton Metals Canada is launching an aggressive foray into advanced exploration and development in this country. Heading…
A letter of agreement has been entered into between Camreco (TSE) and Noranda Exploration, a unit of Noranda (TSE), whereby the latter may earn a 50% interest in the Goldlund gold property in northwes…
Exploration in the vicinity of the Seabee mine site in northern Saskatchewan has uncovered a promising new gold showing, say partners Claude Resources (TSE) and Manchester Resources. While prospecting…
A general downturn in the mining industry which is affecting producers and junior companies alike is being felt on the consulting side. The well known firm of Derry, Michener, Booth & Wahl, a partners…
The Vancouver Stock Exchange continued its progression of record lows over the week ended Dec. 11. The Composite Index settled with an 8-year record low close of 505.84 before rebounding somewhat to f…
An abandoned open pit iron ore mine at Kirkland Lake, Ont., may see life again as a garbage dump. Pending provincial approval and a successful environmental-assessment hearing, Metropolitan Toronto pl…
Despite a lacklustre gold market, Biron Bay Resources managed to hold on to its recent price gains by closing at $1 on volume of 64,500 shares in the week ended Dec. 11. The company is bullish on the …
Preliminary assay results were released by Fairbanks Gold (VSE) from a 45,000- ton bulk sample mined at its 51% owned Fort Knox gold property near Fairbanks, Alaska. The company said the preliminary, …
ALUMINUM: MW U.S. Market US69.25- 71.25 cents per lb. (Dec. 6, 1990). ANTIMONY: New York dealer US78-80 cents per lb. (Nov. 29, 1990). BISMUTH: New York dealer US$2.80-2.90 per lb. (Sep. 13, 1990). CA…
Marshall Minerals (ASE) recently released final ore reserve calculations from a gold project in the Ivory Coast of West Africa. After completing a 1990 work program that included 18 drill holes, Marsh…
Edmonton-based Integrated Resources says it raised $339,560 from a unit offering which closed last month. Each unit consisted of 2,000 shares comprising 1,600 flow-through shares and 400 common shares…
Great Lakes Minerals (TSE) has just received the best assays yet from their copper project on the Keeweenaw Peninsula in northern Michigan. Hole 9, drilled on the 543-S deposit, intersected 41.7 ft. g…
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