News

Low gold assays have been reported by Societe d’Exploration Miniere Vior (ME) from four final drill holes on the Douay joint venture in northwestern Quebec. The project is 42% owned by operator Inco (…

Project operator Cominco (TSE) is gearing up for the start of its 1990 work program on the Tulsequah Chief volcanogenic massive sulphide project in northwestern British Columbia. A budget of $1.6 mill…

Recent drilling by Cache Resources (ME) on Parquet Resources’ (ME) Courville Twp. property, 19 miles northeast of Val d’Or, Que., has confirmed the presence of significant gold values in a previously …

Relations between junior and senior mining companies in Ontario couldn’t be better this year, as demonstrated by the number of exploration joint ventures under way on dozens of properties across the p…

Noranda Minerals, a unit of Noranda (TSE), has increased its stake in the Louvicourt Twp. massive sulphide discovery by purchasing an additional 20,000 shares of Societe Miniere Louvem (TSE). Louvem i…

Nickel giant Inco recently awarded about 460,000 shares to 16,000 workers under the company’s employee share award program. Each worker was given 10 common shares and one additional share for each ful…

N.Y. Commodity Exchange Week’s High Low Close Change COPPER (HG) (in US cents per lb.) Mar 123.50 119.20 120.25 + 8.35 Apr 117.50 117.50 117.35 + 8.45 May 117.40 114.25 115.35 + 8.60 SILVER (in US cen…

The New York Mercantile Exchange (Nymex) may soon be adding platinum bars stamped with the hammer and sickle of the Soviet Union to its trading inventory. The Soviet agency responsible for exporting t…

Since the mid-1980s, Manitoba’s mineral exploration industry has been showing strong growth in activity and spending. As a consequence of increased exploration since 1986, four new mines were put into…

Having drilled some 450 holes totalling in excess of 340,000 ft., no doubt remains that Continental Gold (VSE) has outlined a huge porphyry gold-copper deposit on the Mt. Milligan property over 100 mi…

sinc 1988…

Year-end estimated exploration and predevelopment expenditures in northern Saskatchewan in 1989 were $71 million, compared with $105 million in 1988. While expenditures on uranium rose, those on gold …