Terra turns attention to Mexican gold bet
The interior of a large cathedral in this thriving Mexican town boasts silver- covered arches reminiscent of an earlier and even more prosperous age. In terms of recorded silver production, the area r…
News
Interquest to drill at Montana project
A drilling program is slated for May by Interquest Resources Corp. at its Drumlummon mine property located in Marysville, Mon. At the turn of the century the Drumlummon mine was the largest gold produ…
Joint workshop
Joining forces to offer a national Mining Industry Communications Workshop June 2-4 at the new Westin Hotel in Denver are the American Mining Congress and the National Coal Association. Half-day train…
American Platinum options PGM property to Placer
American Platinum Inc. has optioned its Rottenstone Lake platinum group metals property to Placer Development. Located in Saskatchewan, the Rottenstone property will be drilled by Placer this year. Pl…
Assays from trenches look good, Delbridge
Coats-listed Delbridge Mines reports good assays in three trenches blasted north and south of the main shaft on its DeSantis property in Turnbull twp., southwest of Timmins. Assays ran in excess of of…
Editorial Let the CIDA keep away
It seems that there is just going to be no early letup in the fierce competition for those traditional and all-important export markets for our minerals, most of which are now in over supply, worldwid…
Company making exploration plans
Depending on the funds available, Northern Minerals Explorations plans to spend between $600,000 and $1.5 million on its 1987-88 exploration program. On gold property in Isle-Dieu Twp., in Quebec’s Ma…
Pronto drilling at Solomon Pillars
A $200,000 drilling program has been completed by Toronto-listed Pronto Explorations on Inco Ltd.’s Solomon Pillars property. Pronto can earn a 50% interest in the property, 40 miles west of Geraldton…
Metal Prices PRODUCER PRICES (April 27, 1987)
ALUMINUM: MW U.S. Market 64.75 cents -66.00 cents per lb. (Apr 9, 1987). ANTIMONY: New York dealer $1.10-$1.18 per lb. (Apr 9, 1987). BISMUTH: New York dealer $2.50-$2.70 per lb. (Feb 26, 1987). CADMI…
Toronto Stock Market Golds cool their heels as investors take
The sizzling market in gold shares cooled its heels this week as investors, not surprisingly, devoted themselves to profit-taking. The gold and silver index dropped 80.57 pts over the week to close at…
COATS Trading Features (April 27, 1987)
One of the biggest winners on the Coats system this week was Chance Mining & Exploration, which closed at 90 cents after hitting $1. The company says Falconbridge has optioned another of its properti…
Depressed nickel leads to Inco loss
For the first quarter ended Mar. 31, Inco Ltd realized a loss of $5 million or 8 cents per share. This follows the last quarter of 1986 where the company lost $6.5 million or 10 cents per share. Alt…