Midland Energy Corp. of Vancouver will quadruple the value of its ore reserves and increase its exposure to Third World mining by acquiring Rayrock Yellowknife Resources’ Chilean, Ecuadorian and Costa…
London Metal Exchange Spot closing prices in Pound Sterling per tonne Date Nov. 3 Nov. 2 Oct. 30 Oct. 29 Oct. 28 Copper 1223-1224 1194-1196 1175-1178 1145-1…
N.Y. Commodities Exchange Week’s High Low Close Change COPPER (in US cents per lb.) Nov. 88.60 86.75 88.60 + 7.30 Dec. 86.90 84.50 85.60 +…
Toronto-based Agassiz Resources, has released some encouraging drill results from its Lingman Lake joint venture gold property near the Manitoba/Ontario border. As operator of the project which is own…
ALUMINUM: MW U.S. Market 85.00 cents -88.00 cents per lb. (Oct 22, 1987). ANTIMONY: New York dealer $1.10-$1.16 per lb. (Oct 8, 1987). BISMUTH: New York dealer $4.90-$5.00 per lb. (Oct 22, 1987). CAD…
Following the sale of its shares in West Kootenay Power and Light Co., Cominco Ltd. has reported unaudited consolidated earnings of $92.6 million for the 9-month period ended Sept 30. That compares wi…
Resurrecting the trouble-plagued Ladner Creek gold mine of Carolin Mines near Hope, B.C., is something that appears to have challenged Giant Bay Mines. Giant Bay says it is joining forces with Wright …
Underground drilling at the big Porgera gold deposit in Papua New Guinea has resulted in a reserve increase. Placer Dome Inc., reports that close-spaced drilling from an adit has enabled the project p…
Canada Tungsten Mining Corp. has optioned two properties from X-Cal Resources in B.C. On the Tyax property, Canada Tungsten can earn 50% of X-Cal’s interest by spending $1 million over a 3-year period…
Several rich intersections have been pulled by Canamax Resources from the Break zone on the Ketza River gold property in B.C. Pacific Trans-Ocean Resources shares the property equally with Canamax. Ho…
Vancouver-based Galactic Resources and Cornucopia Resources have opted to go ahead with a major deep drilling program at their 100,000-acre Ivanhoe property in Nevada’s Carlin gold trend. The joint ve…
Mono Gold Mines reports it has an agreement with Micham Exploration under which Micham can earn a 51% interest in Mono’s Bannockburn gold property near Madoc, Ont. Under the terms of the agreement, Mi…
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