Vancouver-based Giant Bay Resources has taken an important step in putting its low-cost bioleaching technology to the test in an actual mining application. Last week the company signed a joint venture…
It was a turbulent week for gold shares as the price of the yellow metal on commodity markets swung wildly as hope for more stability in the U.S. dollar took hold. On Monday, the price of gold shot up…
McIntyre Mines reports a 1986 net loss, after extraordinary items, of $34,323,000, or $9.42 per share, compared with a loss in the previous year of $26,255,000, or $7.23 per share. The extraordinary i…
And how are your favorite stocks doing? A recent issue of Messel’s Mining Weekly lists the share price performances of a number of international gold producers from the start of this year up to the fi…
Very promising is the way the initial results are being described from the surface drilling program on Dore Lake in the Chibougamau camp of Quebec by Northgate Exploration. And for very good reason. “…
Hemisphere Development Corp. is looking to acquire an interest in ground adjoining the Getty- Noranda gold discovery in the Courageous Lake area of the Northwest Territories. The company says it has a…
Perrex Resources is planning a large exploration program in the Harker-Holloway area east of Matheson, Ont. The main thrust of the company’s efforts will be on a 191-claim property in Harker, Thackera…
Week’s High Low Close Change PLATINUM (in US$ per oz.) June 579.00 579.00 593.20 — July 610.00 583.00 594.20 — 3.40 Oct. 616.00 …
Encouraging assay values have been received by Aber Resources from the company’s S.P. property near Russell Lake, N.W.T. Two holes in the main zone intersected multiple gold-bearing zones. Hole 36 cut…
In-fill drilling by Savanna Resources on the company’s Turner Albright massive sulpide deposit has cut wide sections of sulphide and gold mineralization. The property is located in Oregon. Hole 60 int…
A program of 87 surface and underground diamond drill holes totalling 25,117 ft has been completed by Citadel Gold Mines on its four Wawa, Ont. area properties. At the former producing Surluga gold mi…
An underground decline has been completed at the Jolu property in the La Ronge area of Saskatchewan. Royex Gold Mining is operator for the joint venture which includes Canadian Premium Resource Corp. …
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