With its shares trading at 8 cents recently on the Toronto Stock Exchange, Golden Range Resources (TSE) says it has been unable to raise sufficient funds to finance a 5,000-ft decline at the Hudvam pr…
Helping to enliven a directionless trading week on the exchange was news that MSV Resources of Montreal will be taking on the Eastmain gold project in northern Quebec by itself, subject to various app…
Continuing exploration drilling by Placer Dome US is going on in an area of several square miles located 6 to 8 miles north of Nome, Alaska in ongoing evaluation of lode gold deposits discovered by As…
Vancouver market watchers were buoyed by news that bargain hunters were out in full force in Toronto, generating a rebound among otherwise sound issues that had been battered by gold’s drop below $400…
Measuring stresses in hard rock has always been a big problem for rock mechanics engineers. Dr Gerhard Herget should know. The research scientist at the Canada Centre for Mineral and Energy Technology…
Shaft sinking at the Astoria property near Rouyn-Noranda, Que., has reached a depth of about 900 ft, between the sixth and seventh levels, Karl Glackmeyer, president of Yorbeau Resources (TSE), told T…
The new Komatsu Dresser Co. of Libertyville, Ill., has elected a 6-member management committee. They are: John Murphy, chairman, president and chief executive officer of Dresser Inc.; Masao Tanaka, pr…
Although modern exploration interest in the Mishibishu area came about as a sort of `overflow’ from the Hemlo gold rush in the early 1980s, it was only until recent discoveries that major companies ha…
A discovery by Inco Ltd. (TSE) geologists in 1981 of a gold deposit lying about 60 miles north of La Sarre, Que., recently became a producing mine (Golden Pond East), a positive sign for the Casa Bera…
Two drill holes on property in Beauchastel Twp. in northwestern Quebec have intersected “very interesting copper values,” Kimex Resources (ME) reports. The property is located 15 miles west of Rouyn-…
Then comes the interesting part * * * an estimate will be made of what the annual revenue from a mine will be during production to pay for preproduction capital costs. This requires a forecast of what…
Price (US) Change Gold (per oz) $401.60 -$20.30 Silver (per oz) $ 6.19 -$ 0.32 Platinum (per oz) $492.00 -$32.00 Copper (per lb) $ 1.11 -$ 0.02 Lead (per lb) $ 0.27 -$ 0.01 Zinc…
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