No two holes are drilled exactly alike and careful planning is the key to any hole completion, say Noble Larsen and Percy Wicklund in a paper titled “Drilling the Hawaiian scientific observation holes…
Western markets continued a trend of general weakness during the period ended May 12, with the Vancouver composite index sliding by more than five points to finish at 615.71. The resource index sat un…
A phase-three, 2-hole drilling program on Fort Knox Gold Resources’ (TSE) Fawcett Twp. property near Shining Tree, Ont., has returned weak copper-nickel mineralization from the south grid. Hole SG-12 …
A slight decline in metal prices in March didn’t prevent Scotiabank’s commodity price index from recording a small gain of 0.8%. Stronger forestry prices and a small gain in energy prices offset decli…
Semi-monthly reports as of April 30, showed 25,039,057 shares of 599 issues compared with 26,377,283 shares of 619 issues on April 15. Larger individual positions included: Amax Gold 18,400, down 103,…
With the payment of US$1.75 million plus one million common shares of Amax Gold (NYSE), Amax recently exercised its option to earn a 62.5% interest in the Haile property from owner Piedmont Mining (NA…
A $600,000 drill program funded by KWG Resources (ME) began recently on Horne Fault Mines’ (TSE) Lavoie Lake copper property in northwestern Ontario. KWG has the option to earn a 60% stake in a 96-uni…
Work-related injury and illness not only cause an unacceptable level of pain and suffering, but the compensation costs, on average, amount to 4% of payroll. In 1991, the Ontario Workers Compensation B…
Drilling on the Longshot Ridge copper oxide project owned by Kookaburra Gold (VSE) was recently completed with assays for four of 10 holes released. Rennie Blair, president, said the company drilled o…
The proposed merger between Homestake Mining (NYSE) and International Corona (TSE) is moving steadily toward completion, Corona President Peter Steen told shareholders at the company’s recent (and pos…
In return for $13,000 and 500,000 shares, Beaufield Resources (TSE) has acquired a 75% interest in three claim groups in Wilson, Verneuil and Ralleau twps., east of Quevillon, Que. Totalling 117 claim…
London Metal Exchange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date May 5 May 4 May 1 Apr 30 Apr 29 Copper 1231-1232 NA 1233-1234 1242-1243 1245-1246 Le…
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