News


Noranda explores near Stewart

A unit of Noranda (TSE) will operate an exploration program this year on the Knipple Lake polymetallic prospect, 60 km north of Stewart, B.C. Hyder Gold (VSE) can earn a 50% interest in the property f…


Alberta Stock Exchange Golconda falls 34 cents

During the week ended April 16, shares of Golconda Resources fell 34 cents to close at 77 cents on volume of nearly one million shares after the company released mediocre assay results from the first …



Report of Activities

Copies of the Resident Geologists 1990 Report of Activities are now available from ministry offices across the province. The report, published each year by the Ministry of Northern Development and Min…


PRODUCER PRICES (April 22, 1991)

ALUMINUM: MW U.S. Market US66.50-68.00 cents per lb. (Apr. 4, 1991). ANTIMONY: New York dealer US84-85 cents per lb. (Mar. 14, 1991). BISMUTH: New York dealer US$2.80-2.90 per lb. (Jan. 31, 1991). CAD…


Hillsborough profit up

Higher contract revenues from the Westray coal project in Nova Scotia and the Mt. Hundere lead-zinc project in the Yukon helped Hillsborough Resources (TSE) double its profit in the first quarter of t…


First week in June set for Ontario Mining Week

The Ontario Mining Association, in co-operation with the Prospectors and Developers Association of Canada, Ontario’s Ministry of Northern Development and Mines, the Canadian Institute of Mining, Metal…


Aurtec plans final feasibility in Gabon

Aurtec Mining Development (ME) is trying to raise $500,000 to conduct a final feasibility study on its Bakoudou gold property in Gabon, Africa. Detailed exploration work on the property has outlined a…


Simkar project ships first ore to Belmoral mill

Production recently commenced at the Simkar gold mine of Ronrico Explorations (VSE) following the shipment of 10,500 tons of ore and development muck to Belmoral’s (TSE) mill near Val d’Or, Que. Ronri…


Pioneer settles with Westmin

A tentative agreement between Westmin Resources (TSE) and Pioneer Metals (TSE) calls for Pioneer to transfer to Westmin its 40% interest in the Premier Gold project near Stewart, B.C. In return, Westm…


Unlisted Trading Swansea secures loan

A private Australian company has agreed to provide a $150,000 loan to finance development at Swansea Gold Mines’ Ruby Creek gold prospect near Wisdom, Mont. The property hosts a 2.56-million-cubic-met…


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