While gold experienced a fairly quiet summer, base metals came on strongly. Mid-year inventory levels of base metals did not rise appreciably and more than a few analysts see the strength of these met…
Low gold prices and some operational problems associated with bringing a new heap leach mine on stream are expected to “hold down production” at the Robertson gold mine owned by Coral Gold (TSE). The …
Timmins Nickel (TSE) has acquired three more nickel properties near its operating Redstone nickel mine southeast of Timmins, Ont.: the Tontine and Hart properties, purchased for cash and shares from C…
Toronto-based Nuinsco Resources (TSE) has entered into an agreement with Deak International Resources Holdings, whereby Deak will subscribe for a secured convertible debenture in the principal amount …
Amos, Que. (Special) — A modest staking rush has developed recently along what is believed to be a major regional structure, as reported this year by SOQUEM in its 1988-89 annual report. This structu…
The next underground gold mines to start pouring the yellow metal along the Kirkland Lake Break in northeastern Ontario very well may be two former producers: the Upper Canada and the Upper Beaver min…
N.Y. Commodity Exchange Week’s High Low Close Change COPPER (in US cents per lb.) Oct122.50 122.50 122.90 — 7.45 Nov– — 121.40 — Dec121.30 118.90 119.70 — 6.25 …
At approximately 4:30 p.m. on AFriday, Aug 11, one of the most Adrawn-out lawsuits in the history of Canadian mining came to a close. The country’s highest court finally delivered its judgment confirm…
The Vezza property, 25 km (15 miles) south of Matagami, Que., is owned jointly by Dundee-Palliser Resources and North American Rare Metals. Diamond drilling from December, 1986 to June, 1988 has outli…
A 20,000-ft drill program has been completed by Moneta Porcupine Mines (TSE) and Nahanni Mines (TSE) on their Michaud Twp., Ont., claims 65 miles east of Timmins. The program has confirmed the presenc…
Brunner Canada, manufacturer of drill bits and accessories, has named R. T. Legault as its new national sales manager. Legault has more than 30 years experience in mining and related industries, part…
Two companies within the Cominco Ltd. (TSE) fold have acquired options to earn a 35% interest in 30 properties owned by Ennex International (LSE) in Ireland. Cominco Ireland and Pine Point Mines can e…
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