The Ontario government recently announced it has reached an agreement with the Bear Island Indian Band clearing the way for mineral exploration of 1,100 sq. km of land that has been frozen to explorat…
1989 Jan. 30Jan. 29Jan. 26Jan. 25Jan. 24HIGH LOW Composite “300”3707.003722.523733.723749.353761.464009.473707.00 Metals & Minerals3048.703056.643064.413071.853068.443453.053048.70 Integrated mines…
Volatile financial markets had a negative impact on the Montreal Exchange during the week ended Jan. 30. The price of gold advanced at the beginning of the report period, then backed off. Both the mar…
The Rainbow property in the Greenwood mining camp of southern British Columbia will be the subject of a 60% earn-in by Minnova (TSE). The company is earning the interest from Kettle River Resources (V…
Franco-Nevada Mining (TSE) has entered the Hemlo gold camp by purchasing a 100% interest in 31 claims from International Interlake Industries (VSE). Franco will pay Interlake $1.65 million after compl…
Chesbar Resources (TSE) has changed its transfer agent to Royal Trust Co.
Sliding metal prices had a negative effect on Scotiabank’s all- commodity price index in December, which was off 0.8% from the previous month. The all-items index has fallen 9.5% in the last year. Eco…
Assay results from one of six recently completed surface drill holes on Card Lake Resources’ (COATS) Harker Twp. property near Matheson, Ont., include 10.5 ft. grading 0.26 oz. gold per ton and 7.5 ft…
Net earnings for 1989 of $29.7 million (80 cents per share) were reported by Brunswick Mining & Smelting (TSE), compared with $31 million (87 cents per share) the previous year. Value of mineral prod…
The Rocks Speak, a recently published collection of essays by Haddon King, contains his recollections and musings over a long career in mineral exploration. He has visited and critically examined most…
Exploration work will soon be under way at three properties, Dufresnoy (ME) reports. At the Union Mining-New Bidlamaque property near Val d’Or, Que., a drilling program of 3,000 metres is planned. Pla…
Golden Pacific Resources (ASE) says exploration has begun at the Penon Blanco claims on the Mother Lode vein system in Mariposa Cty., Calif. The program is expected to include surface exploration, sur…
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