In a bid to expand its existing assets to at least six operating mines, Kerr Addison Mines (TSE) of Toronto is planning to spend $70 million over the next two years on an ambitious development program…
Silver Islet: Striking It Rich In Lake Superior by Elinor Barr. ISBN 0-920474-4-1, 160 pages plus endpaper maps, archival photographs and extensive memorabilia. Premiere edition in a planned series of…
Goldbrook Explorations has acquired an option to earn a 50% interest in a 65-claim property 50 miles north of Beardmore, Ont. Located near the Onaman River, the property covers several polymetallic de…
Toronto-based St Andrew Goldfields (TSE) has raised approximately $22.1 million through a European financing for construction of a 500-ton-per-day mill at its Stock Twp. property near Timmins, Ont. Un…
Toronto-based Cliff Resources (TSE) is putting one of North America’s biggest placer gold mining operations through its paces as it attempts to locate additional reserves along the Olinghouse mining d…
VSE-listed Michele Gold Mines is attempting to raise funds for exploration on three properties, all in Ontario. The company has an option to earn a 49% interest from TSE-listed Cathedral Gold Corp. in…
New Privateer Mine says permission has been received for the treatment of the first 10,000 tons of ore in the recently-completed concentrator. Progress is under way with both primary and secondary cru…
Members of the Canadian diamond drilling industry has just completed their twelve busiest months on record. The ’87-’88 drilling season caps a 5-year period in which there has been an estimated 220% i…
Platinova Resources (TSE),is a fast-moving 2-year-old company whose credo is to explore for and develop specialized commodities with high growth potential. One of the first of such projects to possibl…
An independent analysis of reserves has been prepared by a U.S. consulting firm for Brohm Resources’ (TSE) Gilt Edge project in South Dakota. Proven and probable oxide reserves now stand at 6.2 millio…
First-quarter results by Noranda Inc. (TSE) picked up where they left off at the end of 1987, with the diversified resources company recording net earnings of $129 million, or 66 cents per share, com…
ALUMINUM: MW U.S. Market $1.08-$1.11 per lb. (May 5, 1988). ANTIMONY: New York dealer $1.08-$1.13 per lb. (Apr 14, 1988). BISMUTH: New York dealer $5.60-$5.75 per lb. (May 5, 1988). CADMIUM: New York …
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