News


Claude’s Seabee may be the next Saskatchewan mine

Based on the results of a final feasibility study, Claude Resources (TSE) says it has decided to place its Seabee gold project in northern Saskatchewan into production. A 400-ton-per-day mill is plann…


Small drill development by Hydracore

Since 1983, Hydracore Drills has been developing a new drill suitable for drilling on difficult surface setups and which would allow easy movement and repositioning. The result was the Gopher Drill wh…



VSE steps up surveillance

The Vancouver Stock Exchange has recently signed two agreements to strengthen its international securities surveillance capabilities. A memorandum of understanding has been signed with The Securities …


$150,000 in flow-through for Fontana gold project

A maximum of $150,000 in flow-through financing will go toward Jilbey Exploration’s (ME) share of expenses on the Fontana joint venture project in Duverny Twp., Que. CMP 1990 Resource Partnership has …


METALS PRICES PRODUCER PRICES (May 21, 1990)

ALUMINUM: MW U.S. Market US70.75- 73.75 cents per lb. (May 10, 1990). ANTIMONY: New York dealer US82-84 cents per lb. (Apr. 19, 1990). BISMUTH: New York dealer US$4.15-4.25 per lb. (May 10, 1990). CAD…



Denison has loss in first quarter

Improvements at Denison Mines’ (TSE) uranium operations at Elliot Lake, Ont., were offset by a number of other factors including lower oil and gas production during the three months ended March 31. As…


Colombia guerrillas attack gold mine

A small gold mine in northern Colombia, recently destroyed by guerrillas, is owned by Americans, and not Canadians as has been reported. Jim Anthony, chairman of Greenstone Resources (TSE) which has p…



USMX to buy 50% of Alligator Ridge mine

USMX (NASDAQ) of Denver, Colo., has reached an accord with RTZ-subsidiary Kennocott Corp., to purchase the latter company’s 50% interest in the Alligator Ridge gold mine in White Pine Cty., Nev. A for…


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