An updated preliminary reserve estimate was released by Crown Butte Resources (TSE) for its 100% owned New World gold-silver-copper project in Park Cty., Mont. The advanced project is being explored a…
Royalstar Resources (VSE) says it has reached agreement-in-principle with Credit Lyonaisse Lang of the United Kingdom whereby the latter will act as agent in the sale of 2.9 million Royalstar shares a…
The holiday season buoyed investors, who turned out in strong numbers during the period ended Dec. 23. Daily trading volumes ranged between 4.2 million and 10.9 million during the four days, driving t…
Big brother Inco (TSE) has taken over the supervision of exploration at Fort Knox Gold Resources’ (TSE) base metal prospect in the Shining Tree area of northeastern Ontario. The decision was announced…
Preview Lake partners Windarra Minerals (TSE) (20%), Cameco (TSE) (50%) and Uranerz Exploration and Mining (30%) have agreed to spend $2 million to look for additional reserves at the Contact Lake dep…
I note that the Canadian Mining Hall of Fame, in its fourth year of existence, has decided to induct Sir William Logan at its Jan. 6, 1992, ceremony at Toronto (T.N.M., Dec. 2/91). My thought is that …
Dec 17 Dec 16 Dec 13 Dec 12 Dec 11 High Low Composite 300 3325.08 3346.05 3359.47 3348.42 3351.92 4009.47 3009.91 Metals & Minerals 2689.56 2724.79 2768.41 2760.23 2752.01 3453.06 2502.63 Integrated M…
The time is ripe to get involved in a new generation of Irish mineral exploration companies, says a Halifax, N.S., consulting geologist. James Patterson, who did his Ph.D. work at Imperial College in …
After months of negotiations, Central Crude (TSE) has signed a letter of intent to purchase 75% of the Magnacon mill and related infrastructure near Wawa, Ont., from debt-ridden partners Flanagan McAd…
ALUMINUM: MW U.S. market US49.50-50.25 cents per lb. (Dec. 5, 1991). ANTIMONY: New York dealer US82-84 cents per lb. (Aug. 8, 1991). BISMUTH: New York dealer US$3.10-3.20 per lb. (Sep. 26, 1991). CADM…
Recent drilling at the McArthur River joint venture has boosted probable in-situ reserves from 200 million to 260 million lb. of U3O8. The average grade of the deposit has increased from 4% to 5% U3O8…
The mineral exploration arm of Noranda (TSE), Noranda Exploration, plans to reduce its exploration personnel and reduce spending by about one-quarter in 1992. The total exploration budget of Noranda E…
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