Kettle River a jewel for Echo Bay, Crown
The Kettle River project is the newest operating mine in Washington State, and owners Echo Bay Mines (TSE) and Crown Resources (VSE) appear to be pleased at how smoothly the operation came on stream. …
News
Spot prices at a glance (February 26, 1990)
Week’s Price (US) Change Gold* $420.60 +$ 4.60 Silver* $ 5.34 +$ 0.05 Platinum* $531.15 +$15.05 Nickel** $3.28 +$ 0.13 Lead** $0.38 +$ 0.03 Copper-$ 1.10 +$ 0.05 Zinc $0.65 +$ 0.03 Courtesy of Scotiab…
U.S. Report Nevada mining ventures not restricted to majors
It is easy to get the mistaken impression that small to mid-sized companies, stacked alongside giants like Newmont Mining (NYSE) and American Barrick Resources (TSE), aren’t playing much of a role in …
COATS (over-the-counter) Hucamp up 30cents
Shares of Hucamp Mines posted a gain of 30cents to close at 40cents for the week ended Feb. 20, after being dormant at the 10-15cents range in recent months. The company holds ground adjacent to Noran…
Cameco, Troymin deal
Trimin Resources (TSE) and Cameco have acquired an option from Troymin Resources (ASE) to purchase a 51% interest in 15,000 acres of land along the Hanson Lake polymetallic trend in Saskatchewan. The …
U.S. Report Eagle Lake in Nevada
Drilling is under way on a gold property near Eureka, Nev., being explored by Eagle Lake Explorations (ASE), following the signing of a recent option agreement with American Ruby Mines. According to E…
Montreal Exchange Casa Berardi interest
Investor attention continues to be directed toward Quebec’s Casa Berardi area where a couple of seniors and a junior pulled an encouraging drill hole in a joint project in Douay Twp. Four initial hole…
GSC colloguium held in Ottawa
Some 700 geologists recently attended the Geological Survey of Canada’s first Minerals Colloquium in Ottawa. Explorationists presented case histories of borehole geophysical studies on Canadian precio…
Copper-zinc sulphides found by Thunderwood, Greenstone
Zinc-rich massive sulphides and copper-bearing stringer sulphide mineralization of the type reported by Aur Resources (TSE) on its Val d’Or, Que., project are being encountered on a property held by T…
Romulus drilling
A $200,000 exploration program is under way on the 8-claim Lloyd- Nordik joint venture of Big Valley Resources (ASE) and Romulus Resources (VSE) in the Cariboo mining division of British Columbia. Rom…
Metal Prices (February 19, 1990)
FREE MARKET London Metal Exchange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) DateFeb 13Feb 12Feb 9Feb 8Feb 7 Copper1330-13321354-13551359-13601359-1360131…
Ontario’s mineral sector set to weather downturn
The mining industry in Ontario is financially healthier in 1990 than it was in the early 1980s, but it must keep in step with new global realities and strive to remain competitive if it is going to we…