Chevron shuts mine
Because of the deteriorating uranium market, Chevron Resources, a unit of Chevron (NYSE), has decided to shut its Mount Taylor mine near Grants, N.M. The mine will be placed on standby with ventilatio…
Because of the deteriorating uranium market, Chevron Resources, a unit of Chevron (NYSE), has decided to shut its Mount Taylor mine near Grants, N.M. The mine will be placed on standby with ventilatio…
Some innovative geological thinking has been used to define a new, interesting-looking drill target beneath the underground workings of the old Upper Beaver mine property, near Kirkland Lake, Ont. Pam…
A diamond drill program has started on the Walker-Wilkie property held under option by Asarco Exploration of Canada. Asarco has the right to earn a 51% interest in the claims near Matheson, Ont., and …
Interesting zinc-gold values have been reported by Bitech (ASE) from a recent drill hole on the Tache zinc-gold-silver project near Chibougamau, Que. Bitech is the operator and can earn a 50% interest…
More than 1,000 kg of metal production has come from the Murray Brook gold-silver mine, operated by NovaGold Resources (TSE) in New Brunswick. The open pit mine has been in production for four months….
Four exploration programs have been started up by Deak Resources (TSE) following completion of flow-through financings. Two drill rigs are working at the Aldermac property, 10 miles west of Rouyn-Nora…
ALUMINUM: MW U.S. Market US68.75- 70.50 cents per lb. (Jan. 18, 1990). ANTIMONY: New York dealer US81-84 cents per lb. (Nov. 30, 1989). BISMUTH: New York dealer US$4.40-4.50 per lb. (Dec. 14, 1989). …
A 2-hole drill program is scheduled to get under way this month on property shared by Indigo Gold Mines (ASE), Globex Mining Enterprises (ME) and Murgor Resources (VSE) in Louvicourt Twp., Que. Situat…
Argus Resources (ASE) says it is becoming increasingly certain that sedimentary rocks at its Esker Lake project in the Northwest Territories are similar to those at Echo Bay’s (TSE) Lupin gold mine. A…
A 10,000-ton bulk sample is planned by Armistice Resources (ME) from the Mill zone of its Virginiatown gold property in northeastern Ontario. An open pit method will be used to extract the sample from…
The surprise announcement by Cominco (TSE) to suspend production at the Sullivan mine has raised speculation the decision was partly the result of a smoldering labor dispute and not strictly a matter …
There is a lot of work still to be done to develop the huge Ivory Coast nickel deposit optioned recently by Calgary-based Trillion Resources (ASE). It could take as much as seven years and around $10 …
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