Montreal exchange Denn’or shares popular
New information from an exploration program on the former Val d’Or East Sullivan concession in Bourlamaque Twp. in northwestern Quebec has been released by Denn’or Exploration, which closed up 12 cent…
News
Aur Resources and Rogi in Quebec gold joint venture
A joint-venture agreement has been entered into by Aur Resources and Rogi Exploration whereby Rogi may earn a 40% interest in Aur’s Annamaque-Faraday property, about 7 mi southeast of Val d’Or, Que., …
Companies pool lands in Iskut River area
American Ore reports it has pooled its lands in the Iskut River area of northwestern B.C. with those of Golden Band Resources in the area, under an agreement made between American Ore, Golden Band, an…
U.S. Precious Metals trading on TSE
The shares of Vancouver-based U.S. Precious Metal began trading on the Toronto Stock Exchange under the stock symbol usp effective recently. The original listing is in the mining category for 10,272,1…
Experts say heap leaching can work in sub-arctic climate
To the untrained observer they look more like unfinished parking lots than h low-cost mining operations.t With piles of ore fragments heaped on top of giant leach pads, it seems p Canada’s heap leach …
Anvil mine boosted after Pamour deal
A complicated new ownership arrangement has partially eliminated a substantial debt-load and paved the way for development of a new open pit at the Cyprus Anvil mine in Faro, Yukon. Under the terms of…
Breakwater to pay dividends
There was good news for shareholders of Breakwater Resources at the recent annual meeting. Chairman Robert Hunter said that Breakwater would probably be paying dividends after the third quarter. This …
Nickel market looks to a better year
While 1986 was a difficult year for nickel producers, the market should pick up during the rest of this year and carry over to 1988, Shearson Lehman Brothers forecasts in its latest annual review of t…
General News & Comment Guy Allen
Guy Allen, a former columnist who wrote a regular report on the Alberta mining scene for The Northern Miner from Calgary, has relocated in New Westmin ster, B.C., and has established a geological cons…
Northern plans drill program
Exploration activity by Northern Mining Explorations of Amos, Que., will be centred this year on gold property in Isle-Dieu Twp., near Matagami, President Jean-Guy Cotnoir reports. Results to date for…
Metal Prices FREE MARKET London Metal Exchange (June 08, 1987)
Spot closing prices in Pound Sterling per tonne Date June 2 June 1 May 29 May 28 May 27 Copper 928-930 927-928 920-922 928-929 929-931 Lead 413-415 412-413 …
Camreco to drill
About mid-June, Camreco Inc. says it plans to get into top gear on a major drilling program on its gold properties near Dryden, Ont. Earlier this year, Camreco arranged with MVP Exploration (1987) and…