A new high-grade zinc zone has been discovered by 50/50 partners VSM Exploration (ME) and Serem-Quebec on their Grevet base metal property, about 40 km northeast of Quevillon, Que. Located in an area …
Diamond drilling is set to get under way this month on five separate gold properties owned by Queenston Mining (TSE) in northern Ontario. Work programs are starting on the company’s Upper Beaver and V…
A 6,500-ft. drill program has started on Major General Resources’ (VSE) Dorothy Lake gold project, about 50 miles west of Pickle Lake in northwestern Ontario. The 62-claim property is about nine miles…
Consolidated Silver Standard Mines (CDS:VSE) has changed its name to Silver Standard Resources Inc. (SSO:VSE) on a share-for-share basis. Transfer agent is Montreal Trust Co.
The decline in gold prices over the past two years has slowed new gold mine development worldwide, reports the London-based Mining Journal. The slowdown is most obvious in North America and Australia,…
As investors awaited the outcome of the Meech Lake discussions and for Placer Dome to make the next move in the battle for Eskay Creek, gold issues continued to suffer today, June 6, from the recent p…
The recently inaugurated Las Vegas Mirage Hotel is equipped with a device to reduce air-conditioning and heating costs, according to a report by The Gold Institute in Washington, D.C. In the summer, M…
Norman Ursel, president of Noble Peak Resources and Norman H. Ursel Associates, died in Toronto, Ont., May 29. He was 63. Ursel is best known for his pio 0000,0600 neering activities in Canada’s far n…
Moving to consolidate its position in the Eskay Creek project in British Columbia, Corona (TSE) has tied up control of the gold deposit’s two major players. Under a revised merger deal, Corona has acq…
An exploration agreement has been concluded by Teck (TSE) with Perrex Resources (ASE) and Gwen Resources (ASE), covering the latter companies’ gold property in northwestern Quebec. Teck can earn a 60%…
Two earn-in agreements signed by Equinox Resources (TSE) could see up to US$1.5 million in exploration funds spent on the company’s Nevada properties. The first joint venture grants Amax Gold (NYSE) t…
Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date June 5 June 4 June 1 May 31 May 30 Copper 1563-1565 1603-1605 1558-1560 1578-1580 1562-1564 Lead 488-490 4…
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