Cambior’s prospects
With its new Beliveau gold mine east of Val d’Or, Que., up and running, Cambior is turning its attention to bringing another of its many exploration projects into production. Although its exploration …
News
Golden Cres./Placer Dome drills to start at Border
A 4,800-ft, phase-one drill program is expected to begin this month on the Border group of claims which Golden Crescent Resources (ASE) has optioned from Placer Dome (TSE). Situated on the Quebec/Onta…
Ego plans more drilling on N.W.T. lead-zinc property
Final results have been reported from a 12,000-ft drilling program on Ego Resources’ (TSE) lead-zinc- silver property, 15 km north of MacLeod Bay on Great Slave Lake, N.W.T. A phase-two drill program …
Lower metal prices drag commodity index
Falling metal prices contributed to a lower all-commodity price index in September, Scotiabank reports. The over-all index fell 1.86% from August, which was down slightly from July. The metals and min…
Nfld exploration activity high
Mineral exploration in Newfoundland during 1989 maintained a very healthy level of activity as more mining companies realized that Newfoundland is one of the prime areas for mineral exploration in the…
Correction (November 06, 1989)
Contrary to what we reported (N.M., Oct 30/89), there is no longer any connection between Stan West Mining of Arizona and Toronto-based Stan North Mining.
Earnings mount for Teck Corp.
The latest financial results for Teck Corp. (TSE) show increased earnings for the nine months ended September 30 because of higher base metal prices and increased gold production from the David Bell m…
Belvieau
With its new Beliveau gold mine east of Val d’Or, Que., up and running, Cambior Inc. (TSE) can now turn its attention to bringing another of its numerous exploration plays into production. The Val d’O…
Minig exploration
Mining exploration in Quebec received a boost this past summer from a base metal play in the Val d’Or camp known traditionally for its gold deposits. Other highlights of the province’s active explorat…
Caprock Alaskan find
A gold discovery has been made by Caprock Corp. (NASDAQ) on the company’s property on Valdez Creek, Alaska. The company’s exploration work has outlined one economic paleochannel in the Roosevelt Creek…
Partner of choice’
Placer Dome is trying to establish itself as the partner of choice’ among junior exploration companies looking to explore and develop properties in North America. If the number of deals Placer is invo…
Spot prices at a glance (November 06, 1989)
Week’s Price (US) Change Gold $373.60+$ 5.25 Silver $ 5.17+$ 0.04 Platinum $487.25+$ 4.45 Nickel $ 4.52–$ 0.16 Lead $ 0.34–$ 0.01 Copper$ 1.24– 0.01 Zinc$ 0.70–$ 0.01 Courtesy of Sco…