A first-phase feasibility study has been completed for Camreco Inc. (TSE) which examined the costs required to reopen the company’s Goldlund mine near Sioux Lookout, Ont. Completed by Wright Engineers…
ALUMINUM: MW U.S. Market US75.50 cents – 77.00 cents per lb. (Nov 21, 1989). ANTIMONY: New York dealer US85 cents -90 cents per lb. (Nov 9, 1989). BISMUTH: New York dealer $4.55-$4.65(US) per lb. (No…
A major $6.6- million development program is slated to begin early next year at the Republic gold mine property in northeastern Washington State. For the past five years the high- grade mining operati…
A new $179-million nickel mine is expected to begin production by 1993, Inco Ltd. (TSE) says. Construction of the facility, known as McCreedy East in the Levack area of the Sudbury Basin in Ontario, w…
Dennis Sheehan and Robert Valliant, two former vice-presidents of exploration for LAC Minerals, have formed a private company to conduct mineral exploration. The two geologists had previously announce…
A drill program by partners Tundra Gold Mines (VSE) and Placer Dome (TSE) has intersected narrow intersections of gold-bearing material along the MP zone on the McKenzie property. Near Val d’Or, Que.,…
An unnamed company will become a 51% owner in the graphite project of Stratmin Inc. (ME) near Mont-Laurier, Que. Stratmin reports a wholly owned subsidiary, Stratmin Graphite, will form a partnership …
A total of 25,600 ft of diamond drilling in 22 holes was completed recently by Chevron Minerals, a unit of Chevron Corp. (NYSE), on property under option from Goldquest Exploration (TSE) in the Red La…
With a written proposal in hand, Fairbanks Gold (VSE) is evaluating an offer by a major mining company for possible involvement in the company and its Alaskan mineral properties. Eric Friedland, pre…
The Doe Run Co., America’s largest producer of primary lead, is seeking government permission to begin exploratory drilling around its southeastern Missouri lead mines. Environmentalists are opposed t…
Speculation that Minorco, the Luxembourg-based mining house, is accumulating shares of LAC Minerals (TSE) in a takeover bid, has sparked a wave of buying in the latter company’s shares on The Toronto …
Contary to what was reported (N.M., Nov 27/89), NovaGold Resources (TSE) President Gerald McConnell currently holds 577,000 of the company’s shares. Secretary-treasurer Angus McIssac holds 758,837 Nov…
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