Valdez Creek placer project going on hold
Operations at the Valdez Creek placer gold project in Alaska will be suspended temporarily in September and the project placed on a care and maintenance basis pending higher gold prices. The project, …
News
Maintenance AVOIDING CRISES
“History-and-analysis” is the term used for the recording and analytical study of interesting past events in a given maintenance program. It is an essential part of any effective maintenance operation…
Montreal Exchange Interest remains high
Trading activity was busy again this week in companies with interests in properties in the Val d’Or, Que., area near the recent Louvicourt Twp. copper-zinc discovery. The find by Aur Resources and Soc…
On western extensio New discovery at Mishibishu
A new gold discovery of much more than passing interest has just been made by the Hemlo Gold Mines (TSE) and Noranda Exploration team on a large optioned property at the western extremity of the 23-mi…
Hardrock and partners face financing hurdles
Affiliated companies Hardrock Extension (TSE), Geraldton Longlac Gold (COATS) and Ferau Resources (COATS) face a difficult task ahead as they try to raise funds for additional exploration work on thei…
South American Goldfields outlines Guyanese gold find
A large, highly anomalous gold area has been outlined by Homestake Exploration on the Akaiwong property held under joint venture with South American Goldfields (TSE). The Akaiwong property covers seve…
Dona Lake important to Placer’s Canadian plans….photo
Ontario Premier David Peterson, left, assisted by Placer Dome vice-president Henry Brehaut, hammers his initials into a $500,000 gold bar to mark the mark the official opening of the Dona Lake gold mi…
Exmar busy in Newfoundland
Surface sampling has returned anomalous gold-silver values on Exmar Resources’ (VSE) Yak Lake property on Newfoundland’s Baie Verte Peninsula. The company says recent surface sampling has yielded valu…
95% recovery from Turquetil gold bet
Metallurgical test work has demonstrated a 95.4% gold recovery rate from drill core samples taken on the Turquetil property owned by Noble Peak Resources (ASE) and Dejour Mines (TSE). The property is …
More drills head for Aur find ….Photo by The Northern Miner
Aur Resources President James Gill explains how geological detective work led to discovery of a new massive sulphide deposit in the South horizon of the Louvem property. The map in background shows pr…
Galactic suspends mining at Summitville
Concerns about the stability of a leach pad facility at the Summitville open pit gold mine in Colorado has prompted Galactic Resources (TSE) to temporarily suspend mining operations. The company said …
Metal Prices (June 26, 1989)
FREE MARKET London Metal Exchange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date June 20 June 19 June 16 June 15 June 14 Copper …