Pressing labor problems in South Africa, which in 1986 produced half of the gold in the non- communist world, may soon have a profound effect on the price of the precious metal. The National Union of …
All of Queenstake Resources’ gold mining properties are “meeting their 1987 production and operating cost projections,” says Gordon C. Gutrath, president. Approximately 780 oz of June gold production …
Following an option agreement with Homestake Mining, of Vancouver, Wharf Resources has purchased Homestake’s 50% interest in 19 claims in South Dakota. Under the agreement, Wharf receives 28 patented …
Spot closing prices in Pound Sterling per tonne Date July 14 July 13 July 10 July 9 July 8 Copper 1038-1040 1047.5-1048 1052-1053 1033-1034 1041-1043 Le…
Directors of Sullivan Mines have come out against a takeover bid by Ste. Genevieve Resources and are proposing a merger with Cambior Inc., which currently has a 31% stake in Sullivan and has expressed…
Construction of a 14-km all- weather commuter road, linking two new mine sites in the Goudreau-Lochalsh area near Wawa, Ont., is scheduled to begin later this year. While construction rests on the res…
Gunnar Gold and Mill City Gold have entered into a lease agreement with Horizon Gold Shares of Evergreen, Colo., to evaluate the Ute Creek property near Idaho Springs, Colo. The lease calls for minimu…
Junior mining companies wishing to estimate the preproduction capital costs of a small underground exploration project can do so themselves with the help of a new publication prepared by the experienc…
Ateba Resources has commenced a program of overburden drilling on a 52-claim property straddling the Munro and McCool twp. boundary, 100 km east of Timmins. This ground is held under option from Arkro…
With three new high grade mines coming onstream by 1989, greater cash flow and clean balance sheet, Minnova Inc. looks like a worthwhile bet to a couple of Toronto brokerage houses. In a report titled…
Geomaque Explorations has completed a geophysical survey on its 29-claim property in Bourlamaque Twp., Que. The work outlined several anomalies which have never been drill tested.
Geologist Michael Riddell says his tse-listed company, Coxheath Gold Holdings of Halifax, is going to tread very softly exploring a gold property in Nova Scotia, near the town of Bridgewater. Located …
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