Development plans for Wrightbar Mines’ (ME) Bourlamaque gold property near Val d’Or, Que., have been put on hold. President W. J. Cluff said the project operator, Belmoral Mines (TSE), has been asked …
The venture capital arm of Noranda Inc. (TSE), Noranda Enterprise, reports it intends to increase its holdings in Diabrasive International of Montreal by purchasing up to 200,000 common shares (a 2.1%…
Week’s Price (US) Change Gold (per oz) $390.40 –$ 1.60 Silver (per oz) $ 5.88 +$ 0.06 Platinum (per oz) $529.25 +$10.00 Copper (per lb) $ 1.41 –$ 0.09 …
The sale of Consolidated TVX Mining’s 50% interest in a large Chilean gold/silver project to Placer Dome (TSE) was completed recently. Placer Dome has agreed to pay $63 million cash and assume respons…
VANCOUVER Quantum Res Corp. — gross proceeds rec $180,000. Safari Int’l Res — gross proceeds rec $140,000. Benton Res Ltd — 600,000 sold for gross $750,000. Davic Enterprises Inc — 450,000 sold fo…
A contract has been let to complete a 10,000-ft underground drill program at Goldpost Resources’ (TSE) Hislop East property near Ramore in northern Ontario. The Hislop East property is straddled by th…
Another encouraging intersection has been encountered by Armistice Resources (ME), which is involved in a deep drilling program on property at Virginiatown in northern Ontario adjacent to the western …
It looks as if Granges Exploration (TSE) will be taking on a major shareholder in the form of MIM Holdings of Australia. Under a recently concluded agreement between the two companies, MIM Canada will…
Recently acquiring a 51-claim property in Summers Twp. in northern Ontario was Golden Dragon Resources (VSE). The company says the property covers a 3 1/2- mile extension of the Empire fault zone west…
A 1989 work program budgeted at $1.2 million has started on the Vault property near Okanagan Falls, B.C. Inco Gold Ltd. (TSE) owns 60% and is operator, while Seven Mile High Resources (VSE) holds a 40…
The Lucky Eagle joint-venture exploration undertaking being formed by Agnico-Eagle Mines (TSE) and Hecla Mining Co. of Coeur d’Alene, Idaho, will start out with at least 20 properties in identified bu…
ALUMINUM: MW U.S. Market $1.02-$1.05 per lb. (Feb 2, 1989). ANTIMONY: New York dealer $1.00 cents -$1.03 per lb. (Jan 19, 1989). BISMUTH: New York dealer $6.75-$6.85 per lb (Jan 26, 1989). CADMIUM: Ne…
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