The terms of an agreement have been settled between Newfields Minerals and Teck Corp. regarding the companies’ respective properties in the Kirkland Lake gold camp of Ontario. Newfields may earn a 50%…
Gold jumped into second place behind nickel as Ontario’s most important mineral in terms of value in 1986, the province’s ministry of northern development and mines reports. The value of production of…
Exploration work by Chesbar Resources is progressing well on the Chester Twp. property in northern Ontario, so well in fact that a decision may be made this summer on going into gold production. Chesb…
Chronically under-financed, Wharf Resources has struggled to maintain production at its Annie Creek gold mine near Lead, S.D. But the company appears to have turned the corner and with record precious…
ALUMINUM: MW U.S. Market 62.50 cents -64.00 cents per lb. (Mar 5, 1987). ANTIMONY: New York dealer $1.08-$1.14 per lb. (Feb 26, 1987). BISMUTH: New York dealer $2.50-$2.70 per lb. (Feb 26, 1987). CADM…
An option to earn a 50% interest in the Bapst Twp. property owned by Fairfax Bay Resources in the Casa Berardi gold area in northwestern Quebec has been obtained by Yorbeau Resources. Yorbeau Presiden…
With a healthy funding package in place, activity is continuing at a brisk pace with seven drills in operation at the Aldermac and Lac Dufault prospects held in joint venture with Toronto-listed Nuins…
Week’s High Low Close Change PLATINUM (in US$ per oz.) March — — 523.40 + 4.70 April 525.50 518.40 524.40 + 4.50 July 531.0…
Underground exploration work on a section of the Lamaque gold property near Val d’Or, Que., has encountered visible gold in drift faces. Teck Exploration, which is performing the work funded by Tundra…
Well into the third month of the new year and still the pace of trading has not slackened. If anything it’s becoming even more hair- raising with records being shattered right left and centre. The com…
Tournigan Mining Explorations plans to raise net proceeds of $500,000 from a private placement which the company says will be added to its general working capital. As the company’s agent, Deacon, Morg…
A private company recently “gone public,” Eastmain Resources Inc. had its shares listed on the Toronto Stock Exchange this week. This company has been carrying out an ambitious exploration program for…
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