A second phase of drilling will be carried out in early December on the Cooper Gold property, near Madoc, Ont. Drilling to date has outlined a gold zone containing 41,193 tons grading 0.24 oz. gold pe…
Having followed the incredible successes of American Barrick Resources and Horsham Corp. over the years, I have concluded that Chairman Peter Munk was the moving force. At the same time, I was amused …
Hemlo Gold Mines President Ian Bayer will speak at the Nov. 25 luncheon of the Toronto branch of the Canadian Institute of Mining, Metallurgy and Petroleum. Hemlo Gold operates the low-cost Golden Gia…
A small Venezuelan mining delegation recently viewed the vat leaching technology developed by NovaGold Resources for the extraction of gold. Gerald McConnell, president of the Halifax, N.S.-based comp…
After a brief hiatus following the closing of the Camflo mine, the Camflo mill is again producing gold from the ores of the Abitibi gold belt. Richmont Mines (TSE) bought the mill, near this small nor…
Former prime minister Brian Mulroney has joined the board of directors of gold producer American Barrick Resources (TSE) and its major shareholder Horsham (TSE). The Barrick directorship is Mulroney’s…
An option deal with Consolidated Ramrod Gold (TSE) will provide funds for further work on the Elmore property of Atlanta Gold (TSE). Ramrod can earn a 51% interest in the Idaho property by spending US…
ALUMINUM: MW U.S. market US49.5-50.5 cents per lb. (Nov. 11, 1993). ANTIMONY: MW New York dealer US76-80 cents per lb. (June 10, 1993). BISMUTH: MW New York dealer US$2.35-2.65 per lb. (Sept. 23, 1993…
With limited news on both the gold and diamond fronts, western markets closed little-changed at the end of our reporting period (Nov. 16). The Vancouver Stock Exchange composite index edged up just ov…
As a member of the Canadian exploration fraternity and staunch supporter of mining in Canada, I often wondered why everyone was endeavoring to learn Spanish and heading for southern climes. Well, havi…
Golden News Resources (VSE) has the right to acquire Minera Sanex, a Mexican copper company owned 51% by private individuals and 49% by Chutine Resources (VSE). Minera Sanex owns the San Antonio group…
Sampling at the Romeo and Juliet gold zones, near Baie Verte, Nfld., has returned high-grade values for NovaGold Resources (TSE). Grab samples from the property, 1,200 metres northwest of the Pine Cov…
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