U.S. REPORT Formation acquires Oregon property
Exploration work by Formation Capital (VSE) on recently acquired ground in eastern Oregon has the company optimistic the property has potential for a bulk tonnage, precious metal deposit that may be a…
News
U.S.REPORT Coeur d’Alene earnings slide
A decline in silver prices and lower gold and silver production reduced the net earnings of Coeur d’Alene Mines (NASDAQ) during its latest quarter ended June 30. The Idaho-based company reported net i…
U.S. REPORT LAC, Norgold form joint venture on Nevada properties
Vancouver-based Norgold Resources (VSE) and a U.S. subsidiary of Toronto-based LAC Minerals (TSE) have formed an exploration joint venture on two gold properties near the Rosebud discovery in Nevada. …
Highgrading, Part 1 (First of a 4-part series) Cobalt shop owner
From the far reaches of Alaska and the Yukon to the near- Antarctic lands of South Africa, gold has drawn fortune-seekers like honey bees to pollen. A good many of the adventurists took advantage of p…
Radisson continues Duquesne sampling
More than 19,000 tons of sampling material have been extracted from the Duquesne mine project north of Rouyn-Noranda, Que., Radisson Mining Resources (ME) reports. Milling of the material has establis…
PRODUCER PRICES (August 27, 1990)
ALUMINUM: MW U.S. Market US80.00- 83.00 cents per lb. (Aug. 16, 1990). ANTIMONY: New York dealer US82-83 cents per lb. (Jun. 14, 1990). BISMUTH: New York dealer US$2.95-3.05 per lb. (Aug. 16, 1990). C…
Montreal Exchange Lightning zone assays
Drilling of the Lightning gold zone in Harker and Holloway twps. in northeastern Ontario continues to excite operator Noranda and project partner Freewest Resources. Several intersections cutting more…
Colomac, Choquelimpie cost affects Northgate earnings
The high cost of reorganizing its corporate structure and bringing the Colomac gold project into production was reflected recently in Northgate Exploration’s second- quarter results. The Toronto-based…
BOOK REVIEW `Song of praise’ to miners’ saint
Sancta Barbara is a personal statement of one man’s dedication to his profession, its history and spiritual dimension. A labor of love, it is author Jean-Paul Drolet’s “song of praise to ask the saint…
Superconductors will feature Inco metal alloys
An agreement has been signed between Inco Alloys International (IAI), a division of nickel giant Inco (TSE), and American Superconductor Corp. (ASC) of Massachusetts related to joint development of IA…
Alberta Stock Exchange Galore boosts Yukon
Volume leader during the week ended Aug. 21 was Yukon Minerals which traded more than a million and a half shares for a gain of 12 cents. The Yukon issued closed at 28 cents after the company announce…
Moondust to drill copper-gold bet
A 6,000-ft. diamond drill program is slated to begin shortly on the Webb copper- gold prospect where Moondust Ventures (VSE) can earn up to a 70% interest from Grand America Minerals (VSE). The proper…