The Teck-Corona Williams mine at Hemlo, Ont., is expected to produce about 500,000 oz. of gold this year, maintaining its 1989 status as the largest gold bullion producer in the nation. The mine’s imm…
Cyprus Metals Exploration and equal partner Mitsui of Japan have tabled the first results from an 8,000-ft. drill program on Noble Peak Resources’ (ASE) Crypto zinc deposit in Utah. The first of five …
A new minister for mines for Quebec has been named following a cabinet shuffle by Premier Robert Bourassa. Deputy premier Lise Bacon has assumed direct responsibility for the mines portfolio under her…
When Strathcona Minerals was attempting recently to prepare a valuation on Belmoral Mines’ (TSE) Val d’Or, Que., mill and two money losing gold mines, it took what seemed to be the only course open to…
The Black Pine property in Idaho is slated to become the sixth mine for Pegasus Gold (TSE), a Spokane-based producer which currently turns out over 340,000 oz. gold from five operating mines in the we…
ALUMINUM: MW U.S. Market US83.50- 87.00 cents per lb. (Oct. 4, 1990). ANTIMONY: New York dealer US80-83 cents per lb. (Sep. 6, 1990). BISMUTH: New York dealer US$2.80-2.90 per lb. (Sep. 13, 1990). CAD…
Recent dramatic increases in the price of oil have provided Corona (TSE) with a perfect opportunity to seek a buyer for its stake in Poco Petroleums (TSE). Peter Steen, president of Corona, said the c…
Mining exploration and development companies make up about 70% of listings on the Vancouver Stock Exchange. Despite this, the exchange’s important role in North American mining didn’t rate a mention i…
Investors doubled the share price of Costigan Gold as the junior completed an option agreement on a polymetallic property 200 km southwest of Bathurst, N.B. Costigan can earn up to 40% in the soon-to-…
Options Open Series Volume Last Interest Nov. 460 C 412 15.50 199 Nov. 420 C 311 4.50 3,461 Feb. 380 C 304 19.00 450 Nov. 430 C 224 15.00 2,829 Nov. 400 C 201 14.50 2,226 May. 450 C 150 10.50 167 Feb….
Jarvis Resources (VSE) is planning to drill its newly acquired marble property in Parkin Twp., 20 miles from Sudbury, Ont. Jarvis intends to complete the next phase of drilling, designed to delineate …
To boost reserves at its 65% owned Golden Patricia mine, near Pickle Lake, Ont., LAC Minerals (TSE) is busy completing a US$1.7-million exploration program at the site this year. The Toronto-based com…
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