An attempt by Vancouver-based Royal Oak Resources (TSE) to buy up the assets of bankrupt LynnGold Resources (TSE) was rejected recently by LynnGold’s trustee. Thinking that it could turn LynnGold’s Ma…
Falconbridge is building a mine in Sudbury, but not much is known about it. And those who do know the details aren’t talking. Although Falconbridge has made some major decisions with regard to the min…
Subject to regulatory approval, Atlanta Gold (TSE) will complete a private placement of 1.25 million shares at $1 per share to two European investors. The placement also includes 1.25 million non-tran…
Startup of the Laterriere aluminum smelter at Chicoutimi, Que., was recently resumed by Alcan. Phase one should be fully operational by April 11, the company says; startup of the second phase will the…
May 6-10, Ottawa, Ont. 92nd Annual General Meeting of the Canadian Institute of Mining & Metallurgy. At the Westin Hotel and the Ottawa Congress Centre. Theme: Resources in Transition — Toward 2001. …
A drill program by Norgold Resources (VSE) is about to begin on the 100% owned General Grant gold project, some 70 miles northwest of Phoenix, Ariz. Situated in a known mineral belt, the 2,600-acre pr…
Candela Resources (CDD:VSE) has changed its transfer agent to Central Guaranty Trust Co.
Week’s Price (US) Change Gold* $373.30 — $16.6 Silver* $5.00 — $0.05 Platinum* $474.20 — $12.55 Nickel** $4.27 + $0.39 Lead** $0.42 — $0.07 Copper- $1.15 + 0.05 Zinc $0.75 + $0.05 Courtesy of Scot…
ALUMINUM: MW U.S. Market US68.50- 70.50 cents per lb. (Mar. 8, 1990). ANTIMONY: New York dealer US84-86 cents per lb. (Feb. 15, 1990). BISMUTH: New York dealer US$4.30-4.40 per lb. (Feb. 8, 1990). CAD…
The partners in the Fontana gold project northwest of Val d’Or, Que., announced another encouraging drill intersection: 125 ft. of (uncut) 0.51 oz. gold per ton. The strike, they say, was along a wedg…
A new $3-million surface exploration program is under way after a short delay at the massive sulphide discovery, east of Val d’Or, Que., of Aur Resources (TSE) and Societe Miniere Louvem (TSE). “Our o…
A small heap leach project near Amos, Que., is set to resume operation in early May after a winter break, Sphinx Mining (ME) reports. Last autumn the company extracted a 40,000-ton bulk sample from on…
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