Arizona Star drills California gold bet
Drilling is scheduled to get under way next month on the Imperial Cty. joint venture in California, owned 65% by Glamis Gold (TSE) and 35% by Arizona Star Resources (VSE). The property covers an area …
News
Battle Mountain to option HSK’s Kirkland Lake bets
A joint venture agreement with the Canadian exploration subsidiary of Texas-based Battle Mountain Gold Mines (TSE) was the main topic for discussion at HSK Minerals’ recent annual meeting in Toronto. …
Campbell River to crown”King Miner” July 1
Campbell River, B.C., will be the site of a mining competition on Saturday, July 1, during that community’s salmon festival. The contest, sponsored by Westmin Resources, is open to experienced miners …
Despite dropping gold price Nuinsco on track at Cameron
Even though the financial climate could hardly be called hospitable, Douglas Hume strives to be realistic about the task that lies before him. Yes, he admits, a $100(US) per oz jump in the price of go…
Giant Yellowknife selling Ross mine
The producing Ross mine in Hislop Twp. west of Timmins in northern Ontario is being sold by Giant Yellowknife Mines (TSE) to a private company. The buyer is Preston Electrical & Mechanical Ltd. of Tim…
Montana silver project owes its prospects to persistence
From a speech by Frank Duval, President of Montana Reserves Co., at the Montana Mining Association’s centennial convention. Big miners move mountains of ore and mountains of money, but they don’t make…
Empire gold project dispute settled
A legal dispute that has stymied development of the Empire gold project of Nevada Goldfields (NASDAQ) and Clear Creek Resources has been settled. The two companies initiated the suit against Marquette…
Metal Prices PRODUCER PRICES (June 19, 1989)
ALUMINUM: MW U.S. Market US89.00 cents – 95.00 cents per lb. (June 8, 1989). ANTIMONY: New York dealer $1.00- $1.03(US) per lb. (June 8, 1989). BISMUTH: New York dealer $6.10-$6.25(US) per lb. (June 8…
Metal Prices (June 19, 1989)
FREE MARKET London Metal Exchange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date June 13 June 12 June 9 June 8 June 7 Copper 1677-1…
Davidson boosts land holdings in Timmins area
Toronto-based Davidson Tisdale Mines (TSE) has expanded its land holdings in the Timmins area of northern Ontario. President K. R. Kent told shareholders at the recent annual meeting the company had s…
Downturn offers Equinox opportunity
While many of its competitors are bemoaning current market conditions and metal prices, Equinox Resources (TSE) views the downturn in the context of a previously successful investment strategy. Under …
McChip to drill Timmins gold bet
Additional diamond drilling is planned this year on a Timmins area gold property under option to McChip Resources (TSE) from Noranda Exploration. Under the terms of an option agreement, McChip has the…