Continuity confirmed at depth: Mimiska
Additional drilling results have been reported by Mimiska Mining (ME) from its wholly-owned Fern Elizabeth gold property in northwestern Quebec. The company says the latest results confirm the continu…
News
Sherritt Gordon has an improved quarter
While Sherritt Gordon (TSE) is on the hunt for new feed for its Alberta nickel refinery, buoyant nickel prices and coinage product profits combined to produce a record second-quarter. Net earnings inc…
Toronto Stock Exchange Base-metal miners lead volume pack
A period of trench warfare has embraced the markets, as stagnant, directionless trading continued for yet another week. A sort of `quiet- before-the-storm’ attitude has affected traders, who remain ca…
Newmont has several deposits but Gold Quarry main producer
Although Newmont Gold Company has more than a dozen gold deposits on its Carlin holdings, about 70% of its production is coming from the Gold Quarry deposit which was first identified in 1979. Develop…
Drilling continues at Joubi prospect
Encouraging initial underground drilling results have been reported by operator Western Quebec Mines (ME) from the Joubi gold project in the Val d’Or area of northwestern Quebec. Western Quebec is inv…
Jonpol annual meeting
A little more than a year after drilling its discovery hole on the Newfield property, Jonpol Explorations (TSE) has blocked out a drill- indicated reserve of 1.3 million tons grading 0.231 oz gold per…
Saskatchewan Gold Discovery
A new gold discovery was made in the La Ronge area of Saskatchewan, according to Goldsil Resources (TSE) and Golden Rule Resources (TSE), operator and 53.45% owner of the Kaslo project. Two widely spa…
Metal Prices PRODUCER PRICES (September 05, 1988)
ALUMINUM: MW U.S. Market $1.27-$1.29 per lb. (Aug 25, 1988). ANTIMONY: New York dealer $1.05-$1.10 per lb. (Aug 25, 1988). BISMUTH: New York dealer $6.10-$6.15 per lb. (Aug 25, 1988). CADMIUM: New Yor…
COATS Trading Features (September 05, 1988)
Interest in South American Goldfields (COATS) has been stirred by the preparations of field crews from Homestake Mining who are beginning work on two, 20-sq-mile, concessions held by South American in…
Metal Prices FUTURES PRICES (September 05, 1988)
N.Y. Commodity Exchange Week’s High Low Close Change COPPER (in US cents per lb.) Sep 102.40 101.40 101.60 + 1.55 Dec 100.20 98.80 99.50 + 1.50 Mar 95.40 94.50 …
Investment comment Juniors mining stocks still offer bear market
The current bear market may have driven down the appetite of retail investors for junior mining stocks, but there are still some juniors out there to keep an eye on, says Yorkton Securities mining ana…
$4.7 million for Wilanour property
A $4.7 million underground exploration effort has been approved for the Wilanour property near Red Lake, Ont. Partners include Inco Gold, a wholly-owned affiliate of Inco Ltd. (TSE) with 50%, Wilanour…