News

Aur says Louvicourt will cost less than $200 million

Aur Resources (TSE) Vice- President Howard Stockford says he expects to have a conceptual plan for mining the company’s 55% owned Louvicourt Twp. copper-zinc deposit in hand by Christmas. With 12 dril…


Trimin future uncertain after Hanson Lake deal closes

Billiton Resources Canada (TSE) has completed the purchase of Trimin Resources’ (TSE) 32.9% interest in the Hanson Lake project near Flin Flon, Man. Billiton, which paid $17.5 million for Trimin’s sta…


Canhorn planning quartz sampling

Toronto-based Canhorn Mining (TSE) is planning to extract a 5,000-tonne bulk sample from an abandoned silica quarry at Chegoggin Point, N.S., in the Yarmouth area. A drilling program to determine the …


Crown breaks even

A third- quarter loss of US$7,000 brings Crown Resources (VSE) to the break-even point for the three months ended Sept. 30. Net income for the first nine months of 1990 was US$2.2 million compared to …


Noranda continues to pull gold values at Moss Lake

Drill results from the Moss Lake joint venture west of Thunder Bay, Ont., continue to confirm the presence of a large low-grade mineralized zone on the property. The latest assay results, derived from…


Japanese backers revive plan to open Goldstream

Production financing for the Goldstream copper- zinc mine near Revelstoke, B.C., is finally within reach of partners Bethlehem Resources (TSE) and Goldnev Resources (VSE). Two Japanese companies, Nipp…


Permitting under way for Goldstake project

The Whitewood Creek gold tailings project near the Black Hills of South Dakota is in the initial stages of mine permitting, Goldstake Explorations (TSE) reports. Goldstake’s joint venture partner in t…


Alberta Stock Exchange Biron Bay up 30 cents

A recent progress report by Biron Bay Resources on its 60% owned Summit gold project in New Mexico has led to a 30 cents gain in that company’s share price. Biron traded 109,100 shares to close at $1….



Golden Marlin plans follow-up at gold bet

Saskatoon-based Golden Marlin Resources (VSE) is planning a follow-up exploration program on the Northwest Gold joint venture property, near Yellowknife, N.W.T. Phase one of the program will include d…


Safety must be a priority for exploration industry

In the fall of last year, the prospecting industry in Ontario received notice from the Workers’ Compensation Board (WCB) that its assessment rates for 1990 would be raised by a staggering 15%. The inc…


Metal Prices FUTURES PRICES (December 10, 1990)

N.Y. Commodity Exchange Week’s High Low Close Change COPPER (HG) (in US cents per lb.) Dec 114.10 111.70 112.95 + 0.75 Jan 110.50 110.00 110.50 — 0.50 Feb. 109.30 108.70 109.20 + 0.85 SILVER (in US c…


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.

Close