A second deep drill hole has been completed at the Paymaster gold property at Timmins, Ont., partners Associated Porcupine Mines (TSE) and American Reserve Mining (ME) report. The hole was drilled to …
With gold prices in the $427(US) per oz range and the market still sleepwalking through summer, it’s hardly surprising that there wasn’t much action during trading this week. Volumes were generally lo…
Investors scrambled to salvage what little they could following a week-long slump which culminated in a savage 64-pt drop yesterday and today. Last month’ s rally, which set a post-October 19th cras…
Exploration plans this year for Moss Resources (ASE) include further drilling to delineate reserves on the Kasagiminnis Lake, Randall Lake and Opapimiskan Lake properties, and comprehensive exploratio…
An aerial view of the newly-opened Holt-McDermott gold mine site, located 25 miles northeast of Kirkland Lake, Ont. The gold mine is the first to open in the historic Kirkland Lake gold mining area in…
As American Barrick Resources (TSE) opened the Holt-McDermott mine 25 miles north of here recently, no-one was denying that the company’s newest gold producer is an impressive feat of engineering. Sch…
Toronto-based Coin Lake Gold Mines (TSE) has received permission to go ahead with gold production at the Golden Reward property in South Dakota. The company said it has received the necessary state mi…
ALUMINUM: MW U.S. Market $1.21-$1.24 per lb. (Aug 4, 1988). ANTIMONY: New York dealer $0.99-$1.05 per lb. (July 21, 1988). BISMUTH: New York dealer $5.90-$6.05 per lb. (Aug 4, 1988). CADMIUM: New York…
A 60,000-gallon biological leach test facility will be built by Congress Operating Corp. and Giant Bay Resources (TSE) near Gold Bridge, B.C. The plant, which is expected to be in production this fall…
Many in Canada’s mineral exploration industry feel they’re in a state of limbo; activity today is certainly not at the level of 1987’s hectic pace, but neither have the dark days of the early 1980s re…
The former chairman and chief executive officer of Seabright Resources says a lawsuit launched against himself and other former directors of the company is without foundation. “The allegations contain…
A formal agreement is expected to be signed shortly that will allow recently-listed Prospector Airways (VSE) to earn a 40% undivided interest in Esso Resources Canada’s Eagle properties in the Dease L…
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