Drilling continues at Golden Bear
A recent drill program on the Golden Bear property in northwestern British Columbia is focused on testing for extensions of known mine reserves. The gold mine project is a joint venture between Chevro…
News
OMIP changes prompt flood of applications
Ontario mining companies have rushed in to take advantage of exploration grants provided under the recently amended Ontario Mineral Incentive Program (OMIP). Since the amendments took effect in Septem…
Tulsequh drilling results batter Redfern
Recent drilling results from the Tulsequah Chief project in northwestern British Columbia helped initiate a free fall in the share price of Redfern Resources (TSE). The junior has earned a 40% interes…
NEWS IN BRIEF Triangle Resources Inc.
Triangle Resources Inc. (TLI: VSE) has changed its name to Mortcorp Enterprises Inc. with a consolidation of capital on a 1-new-for-3-old-share basis. The new company has no further interest in mining…
Bema boosts reserves potential at project in Chile
Recent drilling by Bema Gold (TSE) has expanded the reserve potential of the Verde deposit, one of three known mineralized bodies on the company’s 50% owned Refugio gold property in northern Chile. Bu…
Redstone closes deal on uranium deposit, buys platinum lease
Toronto-based Redstone Resources (TSE) has purchased a 2% gross royalty in the Midwest uranium deposit from Esso Resources Canada for $3 million. A production decision on the Saskatchewan deposit, whi…
Yukon, NWT to hold geoscience forums
The 18th annual geoscience forum will be held in the Yukon, Nov. 25-28, and in the Northwest Territories, Nov. 27-29. The Yukon forum will include a seminar on acid rock drainage. And the NWT’s techni…
INSIDER TRADING Cominco ups stake in Aur Resources by 150,000
Vancouver-based Cominco (TSE) recently took the opportunity to pick up some Aur Resources’ (TSE) shares. According to the Ontario Securities Commission’s OSC Bulletin, Cominco bought 150,000 Aur share…
Vancouver Stock Exchange No end in sight to market slide
The Vancouver market renewed its slide over the period ended October 30, with the Composite Index shedding almost 17 points to finish at 524.46 while the Resource Index followed suit for a 28-point lo…
Metalore shares fall $6
The common shares of Metalore Resources (TSE) have fallen by $6 to $13 since the company went to court on Sept. 4 against Ontex Resources (ASE) in a trial over the Brookbank gold deposit in northern O…
Platinum at the heart of metals used in medicine
From time to time, I have written with enthusiasm about the wide applications of platinum group metals, including specific applications in medicine, which embraces chemotherapeutic agents and dramatic…
Metal Prices FREE MARKET (November 05, 1990)
London Metal Exchange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date October 30 October 29 October 26 October 25 October 24 Copper 1348-1350 1356-1358 14…