Gold have outlined the terms of a joint venture agreement to mine the surface oxide and deeper sulphide reserves of the Post deposit in Elko Cty., Nev. Located on the famed Carlin gold trend where New…
Among gold producers reporting much higher profits this quarter is Pegasus Gold. The company recorded net earnings of $4.3 million(US) for the quarter ended June 30, compared to $1.5 million a year ag…
International has encountered paydirt at its Buckhorn mine in Nevada. The company describes the discovery as a “possibly significant high grade gold intercept,” noting the hole was drilled beneath the…
Some investors are feeling uneasy about upward-trending interest rates and the potential impact on the market so they are trading cautiously. Also, with many seasonal exploration programs winding down…
City Resources — J. Ron Longstaffe appointed president and chief executive officer.
In general, mining people are quite adaptable to changing conditions even if the transition involves leaving a major company for a junior. As an example, Vancouver-based Treminco Resources has four ex…
Bellco Energy Corp. has changed its name to Ocutech Canada Inc. (occ:vse) on a share-for-share basis.
With the resumption of drifting on the No 3 vein at a depth of 200 ft, Chesbar Resources reports high gold values have been encountered at the Chester Twp. property in northern Ontario. From the point…
A $1-million underground exploration program will be carried out by Aur Resources on the Hewfran property at Desmaraisville in northwestern Quebec. Surface drilling has outlined ore grade gold mineral…
Gold London Bullion Dealers afternoon (morning) $US per oz. Sept. 15 Sept. 14 Sept. 11 Sept. 10 Sept. 9 458.80(458.35) 455.55(456.60) 459.85(460.90) 460.20(461.00) 458.30(45…
Professor R. W. Thompkins, of Queen’s University, Kingston, has expressed an interesting and we think valid thought about the value of our regular “Odds ‘n’ Sods” column, carried on this page. “Thro…
Mine development is progressing satisfactorily at Skylark Resources’ ob mine near Greenwood, B.C. By mid- August the decline was down some 1,355 ft and four crosscuts had been completed into the H zon…
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