Noranda in search for new reserves
The minerals division of Noranda (TSE) maintains one of the largest exploration programs in the Western world and is currently testing more than 600 properties directly and in conjunction with partner…
News
U.S. REPORT Geology group forms in Republic
A new geological society has been formed by 20 geologists representing the major mining and exploration companies operating in the Republic district of northern Washington. Dave Waisman, president of…
Bond Gold drops Shoal Lake option
After a year-long legal battle to secure its rights to the Shoal Lake claims in northwestern Ontario, Bond Gold Canada (TSE) has dropped its option to earn the remaining 50% interest in the gold prope…
Teck will take 450,000 oz. gold from Hemlo in ’91
With a 50% interest in two of Canada’s richest gold mines, Teck (TSE) was able to chalk up healthy financial results for yet another year. President Norman Keevil told shareholders at the recent annu…
Montreal Exchange Changes for La Sarre
The senior mining companies fared well during the week ended April 30 in terms of trading activity, although the general daily volumes, in the range of 2.9 million to 5.2 million shares, were off from…
U.S. REPORT Roby Partnership, Santa Fe boost reserves at Marigold
Drilling continues on the Marigold property in Nevada where the owners, the Roby Partnership (70% interest) and Santa Fe Pacific Minerals (30% interest), have identified several zones. In addition to …
Uranium mines in Saskatchewan subject to joint environmental review
Proposed uranium mine developments in northern Saskatchewan will be subject to a joint federal-provincial environmental assessment following an agreement between the Saskatchewan and federal governmen…
Queenston, Strike plan third drilling phase at Robertson prospect
Encouraged by evidence of volcanogenic massive sulphides, partners Queenston Mining (TSE) and Strike Minerals (CDN) are planning a third drill program for their Robertson copper-zinc prospect near Mat…
Grange looks for partners (May 06, 1991)
A consulting firm was recently hired by Grange Gold (VSE), a junior company looking to investigate possible joint ventures or partnership arrangements for its 50% owned Lovitt Mining. Lovitt owns abou…
Toronto Stock Exchange Newmont drilling sparks Atlanta Gold stock
A new “socialist budget” in Ontario and a drop in both Canadian and U.S. interest rates were among the items to be considered during the week ended April 30. There was little in store for mining in an…
Atlanta moves up on Newmont deal
As European investors moved to buy up shares of Vancouver-based gold explorer, Atlanta Gold (TSE), the issue has risen to $2.85 from its April 6 trading level of $1.26 on heavy volume. Investors are b…
Vancouver Stock Exchange Takeover bid could stir market
Trading activity in Vancouver may be stuck in a sideways pattern, but some observers think things could change if a takeover battle begins to heat up over St. Philips Resources. Today, May 1, El Cond…