News


Augmitto financing

Private placements totalling $8 million have been completed by Augmitto Explorations (TSE). The company placed three million Class A special shares at $1.80 per share with European investors. Another …


Editorial Platinum coin a spur to exploration

On the face of it, the Royal Canadian Mint’s recent decision to add platinum Maple Leaf and silver Maple Leaf coins to its already highly-successful Maple Leaf investment-vehicle gold coins, seems fai…


Sharp increase in quarterly profit for Noranda Inc.

Earnings for Noranda Inc. (TSE) continue to sparkle. The resources giant recorded a second-quarter net income of $186 million on total revenue of $2.3 billion, compared with $103 million on revenue of…


Santana to test airborne gas detector over Nevada

Explorationists may soon have at their disposal a powerful new method of remotely detecting mineral deposits. The instrumentation is being developed by Skyborne Exploration Canada, which is 51%- held …



Bralorne gold property nears feasibility stage

A $3.1-million exploration program aimed at advancing the Bralorne gold mine property of Golden North Resource Corp. (TSE) and Imperial Metals (TSE) to the production feasibility stage by year-end is …


News inBrief (July 25, 1988)

Triple M Mining Corp. has changed its name to S. E. Storage Express (International) Ltd. (sxe:vse) on a share-for-share basis.




Metal Prices PRODUCER PRICES (July 25, 1988)

ALUMINUM: MW U.S. Market $1.22-$1.29 per lb. (July 7, 1988). ANTIMONY: New York dealer $0.95-$1.05 per lb. (July 7, 1988). BISMUTH: New York dealer $5.60-$5.75 per lb. (June 23, 1988). CADMIUM: New Yo…


Thor to earn interest in Big Hurrah project

Calgary-based Thor Gold (ASE) has signed a letter of intent to earn a 70% interest in Golden Zone Developments’ (VSE) Big Hurrah project on the Seward Peninsula about 45 miles east of Nome, Alaska. Th…


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