Cuvier drilling two properties
Diamond drillng contracts have been awarded by Cuvier Mines for projects in Newfoundland and Labrador. On the Baie Verte peninsula in Newfoundland, Cuvier plans to drill 5,000 ft on the company’s Ming…
News
Nuinsco remains bullish on Beauchastel project
Nuinsco Resources and Seadrift International remain bullish on the prospects for their Aldermac project at Beauchastel Twp. near Rouyn/Noranda, Que. The joint venture partners are encouraged by result…
Metal Prices FREE MARKET London Metal Exchange Spot closing prices
Date Sept. 8 Sept. 7 Sept. 4 Sept. 3 Sept. 2 Copper 1069-1070 N/A 1044-1046 1031-1032 1043-1044 Lead 412- 414 N/A 412- 414 408- 409 404- 405 Zinc 448- 450 N/A 457- 458 453- …
Bitech funded for exploration work
A $125,000 working capital loan has been arranged by Bitech Energy Resources. The loan was provided by D.C.C. Equities. Exploration funding for the year will come from two placements of flow-through s…
Yukon Chamber mining school
The British Columbia and Yukon Chamber of Mines will hold its 69th annual prospecting and mining school in Vancouver again this year. Classes begin Tuesday, Sept 15, and run Tuesday and Thursday eveni…
Canamax results encourage south of Kremzar project
Drilling by Canamax Resources on its large land holdings adjacent to the company’s developing Kremzar gold mine, is yielding strong results. The Kremzar mine and surrounding properties are located nea…
Agnico earnings are up sharply
A sharp improvement in the second quarter operations of Agnico- Eagle Mines has resulted in a 3- fold increase in this company’s half year net to $5.1 million or 37 cents per share, compared to $1.5 …
Hudson Bay disappointed At Metalore’s Brookbank
Deep drilling completed by Hudson Bay Gold has produced disappointing results from Metalore Resources’ Brookbank gold property near Beardmore, Ont. Ontex Resources holds a 10% net profits royalty on t…
Deal with Amoco Canada said good for Placer Dome
From a Placer Dome investor or potential investor point of view, at least two good things could happen as the result of a deal struck between the newly-formed mining giant and Amoco Canada Petroleum, …
Metal Prices FREE MARKET (September 07, 1987)
Spot Gold, Silver, Platinum and Palladium prices Sept. 1 Aug. 31 Aug. 28 Aug. 27 Aug. 26 Gold London Bullion Dealers afternoon (morning) $US per oz. 453.75(453.10) N/A …
Meston acquires royalty interests
An agreement has been reached for the purchase by Meston Lake Resources of the royalty interests of the Societe de developpement de la Baie James on the Meston Lake properties in Quebec’s Chibougamau …
Editorial That gold perfume again
Remember the little company in Ajax, Ontario, that produces a very expensive brand of perfume claimed to contain actual flecks of gold? We’ve commented on it before in this space, because (not surpris…