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…
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 …
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 …
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…
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…
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…
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….
Among the factors that influence the levels of risk and profitability for mining are the twin costs of environmental protection and site rehabilitation. Obtaining permits can delay development for mon…
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…
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…
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…
A successful 1990 drilling program at the New World project in Montana has enabled Crown Butte Resources (TSE) to report a substantial increase in preliminary reserves over those released at the end o…
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