Golden Rule assays
Calgary-based Golden Rule Resources (TSE) has completed a 5,289-ft. diamond drill program on its Kaslo property in the La Ronge gold belt of northern Saskatchewan. Significant intersections from the 8…
News
Insider Trading Ewanchuk profits from Corona deal
Henry Ewanchuk, a former senior executive with the Toronto- based Corona (TSE) group, recently made a substantial profit after exercising an option to purchase shares of the company at a discount to t…
New Silidor mine achieves planned production rate
Five months after entering production, the Silidor gold mine lying just outside of this city has reached its planned production capacity of 33,000 tonnes per month. The mining operation, officially op…
Spot prices at a glance (September 17, 1990)
Week’s Price (US) Change Gold* $380.65 — $3.95 Silver* $4.80 + $0.04 Platinum*$455.45 — $29.05 Nickel** $5.41 + $0.45 Lead** $0.39 $0.00 Copper- $1.54 + $0.22 Zinc– $0.73 + $0.02 Courtesy of Scotia…
19 million tons outlined on Goldex Extension
Partners Goldex Mines (TSE) and Ormico Exploration (ME) have successfully increased the mineral inventory at the Goldex Extension zone to 19.4 million tons grading 0.070 gold per ton. An underground e…
Time running out on Lencourt’s option
Its a race against time as Lencourt (TSE) seeks formal approval from the Zaire government to purchase a Zairean mining company. Lencourt’s option to purchase a 72% interest in Sominki, a tin and gold …
Big Springs showcase for Nevada mining
The Big Springs gold mine 60 miles north of this thriving community isn’t the newest or the largest mining operation in the state. It does, however, have the unique distinction of being the first hard…
Sphinx heap-leachs gold in Quebec
Mention heap leaching and a person immediately thinks of the southwestern United States, where large tonnage, low-grade deposits are being mined year-round to yield relatively inexpensive gold. North …
U.S. REPORT Uranium Resources to supply U.S. utility
A subsidiary of Dallas-based Uranium Resources (TSE) has signed a long-term uranium supply contract with a major U.S. electric utility. The deal calls for Uranium Resources to supply the utility with …
Adrian gets mixed results from Stikine Arch drilling
Drilling on the Ski project situated directly north of the rich Eskay Creek deposit in the Stikine Arch area of northwestern British Columbia is returning mixed results. The drilling is part of an ong…
EDITORIAL PAGE A view from Wall Street (An editorial from The Wall
The word went out in November 1989 that socialism is dead, but the message doesn’t seem to have arrived in Ontario yet. Voters in Canada’s biggest and richest province gave the socialist New Democrati…
Grades falling at South African mines
The average grade of gold ore mined in South African mines has dropped steadily for the past 20 years to a low of 0.14 oz. gold per ton, down more than half from the average of 0.38 oz. gold per ton i…