A deal has been struck by A. N. Ferris, president of Kewagama Gold Mines and related parties, whereby they will sell to a numbered company, 731559 Ontario Ltd., 1.4 million shares (representing more t…
Production is scheduled to begin in February at Cliff Resources’ Olinghouse placer gold mine in Nevada, the company reports. Cliff is forecasting a production rate of 25,000 oz gold per year; three ye…
A stay of execution has been granted Lac Minerals in the Page Williams gold mine transfer by Justice Alvin B. Rosenberg of the Supreme Court of Ontario, pending Lac’s application for leave to appeal t…
An amalgamation proposal has been made which will see Noramco Mining Corp. acquire all the assets of affiliate companies Emerald Lake Resources and Highland-Crow Resources. The amalgamation, which has…
On Oct 4, negotiators for Canada and the United States reached agreement on the substance of a free trade agreement. The agreement still must be approved by the U.S. Congress and by the Parliament of …
Two parallel gold-bearing zones have been discovered at the Bourlamaque Twp. property near Val d’Or, Que., being explored by Geomaque Explorations. President A. Leith Hellens reports hole No 3 interse…
Cambior Inc. has given the green light to a $22.8-million underground exploration program on its wholly- owned Mouska property near Cadillac in northwestern Quebec. The property is located in Bousquet…
Oct. 13 Oct. 12 Oct.9 Oct. 8 Oct. 7 Gold…London Bullion Dealers afternoon (morning) $US per oz. 459.20(459.65) 461.75(461.85) 462.05(461.75) 458.15-458.25 458.05(458.55) Gold…Bank of Nova Scotia…
A further 25 holes have been drilled in the Lakeview area at Better Resources’ Mt. Washington project near Courtenay, B.C. The vein zone now extends over a north-south length of 900 ft and an east-wes…
The sinking of a 3-compartment, 2,500-ft shaft for an advanced stage of exploration and development of the Francoeur property near Rouyn-Noranda, Que., has been announced by Rouyn Mining Resources. Th…
N.Y. Commodity Exchange Week’s High Low Close Change COPPER (in US cents per lb.) Oct. 86.25 86.25 85.70 + 2.60 Dec. 86.15 84.50 85.25 + 2.25 Mar. …
Following closely on the decision to develop its Maria copper deposit in Mexico, Cominco Resources International has released another good hole from its Buckhorn mine in Nevada. At this point the disc…
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