News



Editorial On the level for 75 years

The First World War was fuelling a boom for Canada’s mining industry in early 1915 when Ben Hughes, a mining columnist for a Cobalt newspaper, and Ernie Hand, a printer, put out the first issue of The…



Corona takes write-down on Nickel Plate project

Consolidated earnings of $26.5 million (16 cents per share), before unusual and extraordinary items, on operating revenues of $187.5 million were reported by Corona Corp. (TSE) for the 15-month period…


Audrey confirms rise in Mobrun reserves

As expected, Audrey Resources (TSE) has received a welcome boost at the Mobrun polymetallic mine where production is on hold because of a mill construction program. Based on a study by Kilborn and Ass…


Metal Prices PRODUCER PRICES (March 13, 1989)

ALUMINUM: MW U.S. Market 97 cents – $1.00(US) per lb. (Feb 16, 1989). ANTIMONY: New York dealer $1.00- $1.03(US) per lb. (Jan 19, 1989). BISMUTH: New York dealer $6.40-$6.60(US) per lb (Feb 16, 1989)….



Storimin/Tandem improve odds

Recent drilling has resulted in a rather dramatic improvement in the mine-making chances for the Moss Twp. joint venture gold project of Storimin Exploration (ASE) and Tandem Resources (ME), The North…


Ponask feasibility study

A feasibility study has been started by Lake Ponask Gold (TSE) on a small zinc-lead deposit in Jamaica. Known as the Hope mine, the property produced an unknown quantity of zinc and lead from 1500-186…


Placer Dome options McKenzie Break project

Mining giant Placer Dome (TSE) has signed a letter of intent with Tundra Gold Mines (VSE) to earn a 60% interest in the McKenzie Break gold properties near Val d’Or, Que. The 406-claim group is locate…



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