An underground program has started at the Maria copper project in Mexico, and assuming satisfactory mining conditions are encountered, partners Cominco Resources International (TSE) and Empresas Frisc…
Consolidated earnings of $26.5 million (16 cents per share), before unusual and extraordinary items, on operating revenues of $187.5 million were reported by Corona Corp. (TSE) for the 15-month period…
As expected, Audrey Resources (TSE) has received a welcome boost at the Mobrun polymetallic mine where production is on hold because of a mill construction program. Based on a study by Kilborn and Ass…
ALUMINUM: MW U.S. Market 97 cents – $1.00(US) per lb. (Feb 16, 1989). ANTIMONY: New York dealer $1.00- $1.03(US) per lb. (Jan 19, 1989). BISMUTH: New York dealer $6.40-$6.60(US) per lb (Feb 16, 1989)….
International Platinum Corp., (TSE) has completed a $900,000- private placement of common shares with a group of Swiss, Belgian and English investors. In addition, the company has acquired $533,000 th…
Recent drilling has resulted in a rather dramatic improvement in the mine-making chances for the Moss Twp. joint venture gold project of Storimin Exploration (ASE) and Tandem Resources (ME), The North…
A feasibility study has been started by Lake Ponask Gold (TSE) on a small zinc-lead deposit in Jamaica. Known as the Hope mine, the property produced an unknown quantity of zinc and lead from 1500-186…
Mining giant Placer Dome (TSE) has signed a letter of intent with Tundra Gold Mines (VSE) to earn a 60% interest in the McKenzie Break gold properties near Val d’Or, Que. The 406-claim group is locate…
Bitech Energy Resources (ASE) is attempting to expand its land position at Newfoundland’s Betts Cove area where the company is working on a promising gold discovery. Toronto-based Bitech is offering t…
The large property holdings of Goldquest Exploration (TSE) in northern Ontario’s Red Lake gold camp will soon be the focus of a major exploration effort by a new joint venture partner. The Toronto-bas…
A 15% increase in gold production was achieved by Homestake Mining (NYSE) during 1988. Total output climbed to 781,458 oz which Homestake emphasized “more than offset a $10 per ounce decline in the av…
Downward was the general direction taken by many COATS-traded mining issues this week. Chance Mining & Exploration has settled back down to the 43 cents -48 cents range after reaching a high of 76 ce…
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