A recent sampling of the No 2 vein over a portion of the 250 level lying west of the No 1 shaft and directly below the current drifting on the 125 level at the Granada property near Rouyn-Noranda, Que…
While the mining industry has long since extricated itself from the 1980 recession, budding engineers still seem leery of the resource roller coaster. At Queen’s University, for example, about 20 mini…
Rayrock Yellowknife Resources (TSE) President David Crombie missed an opportunity recently to take advantage of the hype surrounding Platinova Resources’ (TSE) Greenland gold joint venture with Corona…
In concert with the company’s move away from mining, Energex Minerals (TSE) sold its Al Claims group in the Toodoggone region of northern British Columbia to Cheni Gold Mines (TSE) in exchange for var…
Dick Murray, P.Eng., a district engineer of mines for Ontario for many years, died in Kenora, Ont., Nov 20. Murray joined the Ontario Department of Mines in 1955. For more than 22 years he carried out…
In August, Denver-based Newmont Gold pulled an intersection of 350 ft of 0.768 oz gold per ton from its Deep Star property along Nevada’s Carlin trend (N.M., Aug 21/89). Newmont, a 90% owned subsidiar…
With $1 million cash on hand, Noront Resources (VSE) is gearing for a major program of exploratory drilling that will employ six rigs. It will follow up a number of targets established during the past…
Foresthill Res — gross proceeds rec $250,000. Annax Ventures — min 500,000 offered @ 50 cents per sh. Kendra Gold — 600,000 shs sold in 300,000 units @ $1 per unit.
FREE MARKET London Metal Exchange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date Dec 19 Dec 18 Dec 15 Dec 14 Dec 13 Copper 1488-149…
A minority shareholder of Cal Graphite (VSE) is planning to increase its holdings in the junior to more than 15%. Wilmington Securities, a Delaware subsidiary of The Hillman Co., controlled by Pittsbu…
It’s being called the hottest base metals discovery since Kidd Creek and the Louvicourt Twp., Que., find of joint partners Aur Resources (TSE) and Societe Miniere Louvem (TSE) brought a sluggish June …
A private financing worth $500,000 is being arranged by Minerais Chabela (ME). A maximum of 50 investors will be allowed, at a cost of $10,000 per unit. Chabela plans to spend the money on exploration…
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