Kewagama exploring old Granada mine
Underground exploration is under way at the old Granada gold mine near Rouyn-Noranda, Que., Kewagama Gold mines (Quebec) (ME) reports. Proceeds from two private placements completed earlier this year …
News
Geddes Sept 26
Geddes Resources (TSE) is planning a $10.2-million financing which will be used to fund exploration and development work at the company’s Windy Craggy copper deposit. Situated in British Columbia, the…
Metal Prices PRODUCER PRICES (October 02, 1989)
ALUMINUM: MW U.S. Market US76.25 cents – 78.25 cents per lb. (Sept 21, 1989). ANTIMONY: New York dealer US94 cents -98 cents per lb. (Sept 14, 1989). BISMUTH: New York dealer $4.75-$4.85(US) per lb. …
KIERENS
e small, 250-ton-per-day (230- tonne-per-day) Kierens gold mine, near Malartic, Que., could become slightly larger if a feasibility study on the adjoining Norlartic property pans out. Aur Resources, …
Spinner to sell Manitou interest to Gold Vessel
Montreal-based Gold Vessel Resources (ASE) has signed a preliminary agreement to acquire Gold Spinner International’s stake in the Manitou tailings project east of Val d’Or, Que. Under an agreement wi…
Research LEAD FINGERPRONTS
Many ore prospects are poorly Mexposed and complexly metaMmorphosed and deformed. Many thus are accessible only at great expense because of their remoteness or the rugged terrain within which they lie…
Metal snips (October 02, 1989)
A gold and silver refinery was officially opened recently near Sydney, Australia, by Pacific Precious Metals Ltd., a company in which Noranda Minerals has a 40% interest. The other two partners in the…
Alberta Stock Exchange Sept 27 Markets column Must go Golden
Issues which have peaked investor interest during the past couple of trading sessions, continued to make progress this week. Golden Crescent Resources, for example, gained 26 cents on large volumes b…
Onitap Sept 21
Onitap Resources (TSE) is seeking funding for a 25,000-ft drill program designed to test the company’s copper-zinc property in Tonnancourt Twp., Que. Hosting drill- indicated reserves of 60,000 tons g…
What’s New DUST SUPPRESSOR
Industrial Mechanical Specialties (IMS) of Thornhill, Ont., has come up with a new way of suppressing airborne dust in underground hardrock mines. John Morgan, an IMS specialist hit upon the idea when…
American Pacific boosts earnings
Now that access has been gained to higher grade ore at the El Mochito polymetallic mine in Honduras, American Pacific Mining (TSE) is reporting a substantial increase in production and earnings. The N…
VSM, Serem drill wide intersection
Drill hole 70 at the Grevet zinc project near Matagami, Que., intersected 44.2 ft (25.3 ft true width) of economic grade, the widest intersection to date, VSM Exploration (ME) and Serem-Quebec report….