American Platinum Inc. has optioned its Rottenstone Lake platinum group metals property to Placer Development. Located in Saskatchewan, the Rottenstone property will be drilled by Placer this year. Pl…
Coats-listed Delbridge Mines reports good assays in three trenches blasted north and south of the main shaft on its DeSantis property in Turnbull twp., southwest of Timmins. Assays ran in excess of of…
It seems that there is just going to be no early letup in the fierce competition for those traditional and all-important export markets for our minerals, most of which are now in over supply, worldwid…
Depending on the funds available, Northern Minerals Explorations plans to spend between $600,000 and $1.5 million on its 1987-88 exploration program. On gold property in Isle-Dieu Twp., in Quebec’s Ma…
A $200,000 drilling program has been completed by Toronto-listed Pronto Explorations on Inco Ltd.’s Solomon Pillars property. Pronto can earn a 50% interest in the property, 40 miles west of Geraldton…
ALUMINUM: MW U.S. Market 64.75 cents -66.00 cents per lb. (Apr 9, 1987). ANTIMONY: New York dealer $1.10-$1.18 per lb. (Apr 9, 1987). BISMUTH: New York dealer $2.50-$2.70 per lb. (Feb 26, 1987). CADMI…
The sizzling market in gold shares cooled its heels this week as investors, not surprisingly, devoted themselves to profit-taking. The gold and silver index dropped 80.57 pts over the week to close at…
One of the biggest winners on the Coats system this week was Chance Mining & Exploration, which closed at 90 cents after hitting $1. The company says Falconbridge has optioned another of its properti…
For the first quarter ended Mar. 31, Inco Ltd realized a loss of $5 million or 8 cents per share. This follows the last quarter of 1986 where the company lost $6.5 million or 10 cents per share. Alt…
From an address by Harry M. Conger, chairman of Homestake Mining and chairman of the American Mining Congress: If there is one thing America needs today, it is renewed confidence in our own free ent…
Spot closing prices in Pound Sterling per tonne Date April 21 April 20 April 17 April 16 April 15 Copper 914.5-915.5 N/A N/A 924-926 915-916 Lead 398-399 N…
A 20,000 ft diamond drilling progam is slated to start in May by Jonpol Explorations on the Denton Twp., Ont., property of Gowest Gold Resources. The two companies entered into a recent agreement wher…
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