From a standing start five years ago, Australian gold production has increased dramatically. Indeed, the country is now challenging Canada’s third-place position among Western gold producers — the No…
Third-quarter net earnings of $7.3 million(US) (18 cents per share) were reported by Freeport-McMoRan Gold compared with $4.5 million (11 cents per share) for the same period in 1986. Revenues during…
An exploration program by Morono Mines is under way on two properties in northwestern Quebec, the Verneuil and Dufay, the company reports. The work is to be completed by late winter, 1988. Six drillin…
A considerable amount of activity was witnessed by The Northern Miner on the road running across the Mishibishu Lake area west of Wawa, Ont. One of the larger operations was an airlift of fuel and dri…
Drilling by Westfield Minerals and Goldbrae Developments on their Big Island Lake polymetallic property in Manitoba, has cut high grading precious and base metal values. The property is located five m…
Two lawsuits involving members of the mining community currently under way revolve around claims of withheld information. In the more recent of the two lawsuits, Noranda Inc. is suing Agnico-Eagle Min…
Shareholders of All-North Resources have approved an agreement which gives Galactic Resources a 64% control position in their company. All- North will issue approximately 6.7 million shares to Galacti…
Hudson Bay Mining and Smelting realized net earnings of $13.5 million during the third quarter of this year. This compares to profit of $3.6 million during the same period last year. For the nine mont…
ALUMINUM: MW U.S. Market 79.50 cents – 82.00 cents per lb. (Nov 12, 1987). ANTIMONY: New York dealer $1.08-$1.12 per lb. (Nov 12, 1987). BISMUTH: New York dealer $4.75-$4.85 per lb. (Nov 12, 1987). C…
The combination of a high percentage of visible gold and good continuity over drifted sections is yielding some pleasant surprises at the Magnacon project 50 miles west of here. Located north of Mishi…
Coastech Research Inc. of Vancouver has teamed up with Chester Millar, president of heap-leaching experts Glamis Gold to form a new public company, Biomet Technology Inc. Together, they have raised $5…
Joint venture partners Aber Resources and Hemisphere Development have resumed drilling their Sunset Lake polymetallic project located 70 miles northeast of Yellowknife, N.W.T. Encouraged by initial dr…
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