Galleon options BMR ground
A joint venture to explore the Will property near Clearwater, B.C., was formed between Galleon Mining (VSE) and BMR Gold (TSE). BMR can earn a 100% interest in the property in return for a $5,000 opti…
News
Spot prices at a glance (December 09, 1991)
Week’s Price (US) Change Gold* $365.70 – $0.80 Silver* $ 4.05 – $0.05 Platinum* $365.50 – $1.75 Nickel** $ 3.19 – $0.04 Lead** $ 0.24 + $0.01 Copper{ $ 1.06 – $0.03 Zinc $ 0.56 + $0.03 Courtesy of Sco…
Mink to explore for gold in Mali
Vancouver-based Mink Mineral Resources (VSE) is preparing to explore a 400-sq.-km concession in Mali after signing a joint venture deal with the government of the West African republic. Mink Resources…
U.S. REPORT (December 09, 1991)
The Securities and Exchange Commission in Washington, D.C., approved proposals this year advanced by the National Association of Securities Dealers (NASD) to raise the basic listing requirements and m…
EDITORIAL PAGE (December 09, 1991)
When it comes to developing our mineral wealth, those entrusted with the responsibility of making decisions for the public good sometimes have to weigh between economic development and wilderness pres…
Newfoundland Goldbar cuts gold values at Glover Island
Newfoundland Goldbar Resources, a Newfoundland-based exploration company, has intersected encouraging gold mineralization at Varna Gold’s (ASE) Glover Island property in Western Newfoundland. The main…
Mineral reserves on the decline says MAC chairman
Delegates to the recent Mineral Outlook Conference here were told that everyone is seeking a competitive edge. “However, in today’s world, any such edge is temporary,” said Keith Hendrick, chairman of…
Nickel miners big winners as cobalt rallies
Uncertainty about cobalt supplies from Zaire, the Western World’s primary producer, continues to buoy the price of the metal in the range of US$25-$30 per lb. In early November, the free market cobalt…
Changes in Soviet Union affect world gold market
Controversy continues to surround the gold situation in the Soviet Union, where the winds of political change have caused economic instability. The chief beneficiary of the confusion surrounding the y…
Air prospecting less in demand
The era of airborne geophysics (aero-magnetics and aero-electromagnetics) is far from over but its heyday in Canadian mineral exploration is certainly passed. That time was in the late 1950s to the ea…
U.S. REPORT (December 02, 1991)
The magnitude of the gold mining operations currently taking place on the Carlin Trend properties owned by Newmont Gold (NYSE) northwest of here probably outstrip even the wildest dreams of the geolog…
Geddes more than doubles reserves at Windy Craggy
Having more than doubled reserves at the Windy Craggy project, owner Geddes Resources (TSE) now ranks it as the largest copper and cobalt deposit in Canada, and one of the largest in the world. Locate…