Panorama plans feasibility work
Working to reach the feasibility stage at two U.S. gold projects next year, Panorama Resources reports encouraging results from its recent drilling programs. At the Spanish mine property near Nevada C…
News
Toronto Stock Exchange Traders unimpressed with budget deficit
A four-day winning streak on the tse during our review week was snapped by a 43.86-pt loss yesterday. Today, the composite index perked up, adding 11.35 pts to close at 2,922.67 pts. The generally slu…
Quebec claims staked
A platinum- copper-nickel prospect has been staked by Longreach Resources in Temiskaming Cty., 60 miles south of Noranda, Que. The 24 claims were explored with geophysical surveys, trenching and 50,00…
Northern Dynasty ups output at Nevada mine
The transition from open pit to underground mining will boost production at Northern Dynasty Explorations’ 42%- owned Little Bald Mountain gold mine in Nevada, President J. Glenn Simpson reports. With…
News in Brief (November 23, 1987)
Tropicana Resources has changed its name to Tropicana Development Corp. (tna:vse) on a share-for- share basis.
Exploration underway on Tenquille prospect
Exploration work is progressing at the Tenquille Lake gold-silver prospect north of Pemberton Meadows, B.C., under a joint venture agreement between Tenquille Resources and Ajax Resources. Under the a…
Kidd Creek facing charges of environment violations
Although it claims to be North America’s lowest sulphur dioxide emitter, Kidd Creek Mines is facing charges relating to alleged violations of the Environment Protection Act. The charges follow a raid …
Industry profits near 1979-80 levels
Although base metal prices, in real terms, remain significantly below those prevailing during 1979-80, the rise in prices this year has restored industry profitability to levels approaching those earl…
COATS Trading Features (November 23, 1987)
One of the volume leaders this week was Findore Minerals which reached a high of 65 cents on 182,000 shares. The company has just acquired 21 claims in Garrison Twp., east of Matheson, Ont. Findore p…
Orofino completes flow-through issue
Toronto-based Orofino Resources has completed a flow-through share issue to raise $3.2 million to fund exploration and development of the company’s existing properties. Orofino says it realized $2.2 m…
Spanish help leach project near first pour: Thorco
A gold-silver heap leach project in southwest Spain is expected to have its first pouring of bullion at year-end, Toronto-based Thorco Resources reports. Thorco, through its 50% shareholding in Centur…
Australia closing in on Canada’s gold output record
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…