The Australian Taxation office has released a draft ruling that would severely limit the tax deductions available to mineral exploration companies. The ruling, which has been circulated to the industr…
Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date Sept 26 Sept 25 Sept 22 Sept 21 Sept 20 Copper 1696-1698 1750-1751 1830-1832 18…
Mixed trading highlighted a week during which investors mulled over the latest results from the massive- sulphide copper-zinc Louvicourt Twp. project and observed the official opening of a new gold mi…
Calgary-based Rainbow Exploration (ASE) is preparing to begin surface and underground drilling at the old McMillan gold mine property in Mongowin Twp., 75 km southwest of Sudbury, Ont. An independent…
The Sudbury region was an Teconomic basket case earlier Tthis decade. Its twin industrial supports — Inco Ltd. and Falconbridge Ltd. (the latter now a wholly-owned subsidiary of Noranda Inc. and Trel…
To illustrate how utterly simple the discovery of a mineral deposit can be, one would be hard-pressed to find a better example than the Silidor gold mine, born in 1985. Neither high-tech geochemistry …
Montana-based United States Antimony and Western Gold Exploration (WestGold) are planning to look for a deep extension of a surface gold deposit which they hope to bring into production next year. As …
Vancouver-based BMR Gold (ASE) is set to earn a 75% interest in a former open pit gold producer called the America Mine. Situated 120 miles south of Las Vegas near Amboy, Calif., the mine workings are…
Week’s Price (US) Change Gold* $369.30 +$ 8.55 Silver* $ 5.29 +$ 0.22 Platinum* $490.40 +$16.75 Nickel** $ 4.99 –$ 0.18 Lead** $ 0.34 +$ 0.00…
A gold and silver refinery was officially opened recently near Sydney, Australia, by Pacific Precious Metals Ltd., a company in which Noranda Minerals has a 40% interest. The other two partners in the…
The Williams mine (formerly the Page-Williams), in Ontario’s Hemlo country, burst on to the scene as a gold producer in a flurry of public attention in late 1985. With the spotlight on the ensuing own…
Issues which have peaked investor interest during the past couple of trading sessions, continued to make progress this week. Golden Crescent Resources, for example, gained 26 cents on large volumes b…
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