Kirkland Lake is a traditional northern Ontario mining town now poised on the threshold of a major diversification to its economic base. The ambitious moves were necessitated, in part, by the serious …
The Black Pine property in Idaho is slated to become the sixth mine for Pegasus Gold (TSE), a Spokane-based producer which currently turns out over 340,000 oz. gold from five operating mines in the we…
ALUMINUM: MW U.S. Market US83.50- 87.00 cents per lb. (Oct. 4, 1990). ANTIMONY: New York dealer US80-83 cents per lb. (Sep. 6, 1990). BISMUTH: New York dealer US$2.80-2.90 per lb. (Sep. 13, 1990). CAD…
Kelowna-based Dia Met Minerals (VSE) has discovered a gem- quality macrodiamond and a cubic microdiamond within one of the company’s joint venture claim groups. Dia Met director Charles Fipke only ide…
Trimin Resources (TSE) has rescheduled its extraordinary general meeting to early November in order to allow for the completion of an independent report on the proposed sale of the company’s key asset…
Deak Resources (TSE) says it will begin mining an open pit reserve of 50,000 tons averaging 0.18 oz. gold per ton at the Garrison gold project near Kirkland Lake, Ont. An incorrect figure was publishe…
This time last year the Mishibishu Lake area in northern Ontario was hopping. Gold discoveries were cropping up on a regular basis, the Magnacon mine was emerging as a regional success story, and some…
American Reserve Mining (ME) says rehabilitation of the No. 6 winze on its 40% owned Paymaster project near Timmins, Ont., has been completed down to the 4,975-ft. level and access to the 6,025-ft lev…
NorthWest Gold (AMEX), a subsidiary of Northgate Exploration (TSE), has taken steps to limit the cost of fuelling its 200,000 oz.- per-year Colomac gold project in the Northwest Territories. As the pl…
Serem-Quebec and VSM Exploration (ME) have jointly optioned a group of 40 claims adjacent to their Grevet base metal project near Quevillon, Que., from Noranda (TSE) and BP Canada (TSE). The claims en…
London Metal Exchange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date October 9 October 8 October 5 October 4 October 3 Copper 1460-1464 1454-1456 1470-14…
MVP BGR Central Capital Net value $10.35 $5.74 $0.29 Price $9.375 $5.375 $0.16 Discount 9.42% 6.4% 44.8% Value $61,640,194 $90,430,613 N/A…
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