The Musselwhite gold project in northwestern Ontario won’t be given the construction green light this winter, say owners Placer Dome (TSE), Inco Ltd. (TSE) and Corona Corp. (TSE). Following the recent…
It is business as usual at the Agnico-Eagle Mines (TSE) group now that shareholders of 43% owned Dumagami Mines have approved a merger with Agnico. At a special meeting in Montreal, 90% of Dumagami sh…
Card Lake Resources (COATS) has signed an option agreement with American Barrick Resources (TSE) concerning Card Lake’s property in Harker Twp., Ont. The Harker property is 2.5 miles west of Barrick’s…
Beginning Jan 1, 1990, The Northern Miner’s library will no longer be open to the public. Reports of companies’ current status will still be provided in response to written requests that are accompani…
1989 Dec 19Dec 18Dec 15Dec 14Dec 13HIGH LOW Composite “300” 3915.083958.543986.203995.334005.764037.833353.13 Metals & Minerals 3330.593334.353346.513347.433332.813919.203207.50 Integrated mines 3442….
A decision by Bachelor Lake Gold Mines (TSE) to place its mine at Desmaraisville, Que., on standby was reflected in the Toronto company’s recent financial results. Bachelor Lake reported a loss of $2….
Golconda Resources (ASE) says it has been encouraged by results at its Star City gold property in California where the next exploration phase will involve an attempt to outline open pit reserves. Golc…
The market indices headed lower for the week ended Dec 19, although daily trading volumes, ranging between 6.9 million and 9.1 million shares, picked up in strength. The market portfolio dropped almos…
During the 10-year period 1978- 88, South Africa’s Krugerrands (and other gold coins) went from accounting for 84% of the gold used in the production of gold coins to 13%. The Gold Institute of Washin…
A 2.4×2.4-m backfill raise, inclined at 69 degrees and measuring 294 m long, has been driven by a pneumatic Alimak machine at the Golden Giant mine in Hemlo, Ont. Don Cameron, Andy Roy, Matti Hakkola,…
In assessing today’s markets for the various base metals, an important factor is inventory size. More than a few observers have pointed out how inventories over-all have remained low for the major met…
ALUMINUM: MW U.S. Market US73.00 cents – 74.75 cents per lb. (Dec 14, 1989). ANTIMONY: New York dealer US81 cents -84 cents per lb. (Nov 30, 1989). BISMUTH: New York dealer $4.40-$4.50(US) per lb. (D…
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