Bullish about prospects for bioleaching refractory gold ore, Giant Bay Resources has entered a number of joint ventures to test the process commercially. Teaming up with Wright Engineers in November, …
ALUMINUM: MW U.S. Market 92.00 cents -94.00 cents per lb. (Feb 4, 1988). ANTIMONY: New York dealer $1.14-$1.18 per lb. (Jan 14, 1988). BISMUTH: New York dealer $5.10-$5.30 per lb. (Jan 28, 1988). CADM…
A proposed merger between Central Crude Ltd. and Noront Resources has been cancelled, both companies say.
A drilling program is being planned by Skylark Resources for the company’s Pan gold property located near Carlin, Nev. The drilling will begin following the completion of a geophysical survey designed…
A 30% equity interest in Cuisson Lake Mines has paid off for United Gunn Resources in 1987. The company’s share of profits from Cuisson Lake’s earnings amounted to $950,000. United Gunn repaid its deb…
When a gold mining company has enough reserves in the ground to overtake North America’s largest producers, it can afford to be extravagant. That’s why New York-based Newmont Gold will spend $404 mill…
As expected, Donald Smith, president of Acadia Mineral Ventures of Toronto has increased the reserve estimate on the company’s Mooseland property in Nova Scotia. Speaking at a meeting of Maritime inve…
A proposed plan to merge two closed-end flow-through investment funds into an operating mining finance house, is being opposed by CSA Management Ltd. Officers of Equity Preservation Corp. and Equity R…
Learning to survive with low copper prices for most of this decade made the return last year to higher metal prices even sweeter for North American copper producers. Among those reporting sigificant g…
The other day a large ad appeared in a major Canadian daily newspaper portraying a “prospector” (it was actually an ad for a computer firm) with all the usual visual cliches — a grizzled, bearded, ro…
Iron ore mining leases in northern Quebec belonging to Hollinger North Shore Exploration have been acquired by La Fosse Platinum. La Fosse gained control of the leases, which also contain manganese an…
Dormant for a period of time prior to 1987, Toronto-based New Kelore Mines is getting a new lease on life. Speaking at the annual meeting attended by two registered shareholders, President Stephen Cas…
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