Surging gold bullion prices broke the psychologically important $400-mark this week as London gold closed at $409.90(US) per oz on the second fix. Gold’s strength was quickly reflected in the gold min…
A copper- gold discovery was recently made by Cazador Explorations (VSE) on its Hanson Lake property near Burns Lake, B.C. The mineralization was encountered in the main discovery trench within one of…
Summitville, the troubled mine most associated with Galactic Resources (TSE), is up for sale. A Taiwanese company has made Galactic an offer to purchase the mine, which began production in 1986. “We a…
The Prospectors and Developers Association of Canada says it is pleased that the Goods and Services Tax (GST) draft legislation released on Oct 13, addresses a serious concern of the association. Acco…
Three drills are at work on the McKenzie Break group of properties held by joint venture partners Placer Dome (TSE) and Tundra Gold Mines (VSE) near Val d’Or, Que. Situated 15 miles northeast of Val…
VSM Exploration (ME) and partner Serem Quebec have more than doubled reserves at their Grevet M property in Quebec. Following the completion of exploration work to the end of October, the partners hav…
Your editorial “Mining is high tech’s best customer” (N.M., Nov 6/89) reflects Northcare’s message precisely. High tech is our resource community’s future. Our concern was sparked by the 3-volume repo…
Management of ABM Gold (AMEX) is confident the vast majority of Neptune Resources (TSE) minority shareholders favor an amalgamation of the two companies. Although the Ontario Securities Commission has…
VANCOUVER Graham Gold — 700,000 sold for gross $231,000. Westerra Res — opt exerc on 100,000 @ 40 cents per sh. Mondana Ventures — min 650,000 offered @ 36 cents per sh. Circumpacific Egy — 1,00…
This week’s rally involving the shares of many senior gold mining companies had little effect on junior issues trading on COATS. Following a European financing Carolin Mines is exploring the Ladner Cr…
N.Y. Commodity Exchange Week’s High Low Close Change COPPER (HG) (in US cents per lb.) Dec111.80 110.80 111.80 — 4.40 Jan109.20 108.00 109.30 — 4.90 Feb108.00 108.00 10…
Reconnaissance sampling on the Selena Creek placer gold project in the Northwest Territories has encouraged partners Verdstone Gold (VSE) and Sirius Resource (VSE). Sirius reports that it recently c…
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