News

International meet on biohydromet

An international symposium on biohydrometallurgy, jointly sponsored by the United States Department of Energy and canmet, was staged recently in J ackson Hole, Wy. Some 278 registrants participated fr…


Intl. Platinum busy on five properties

A diamond drilling program is under way on the Picket Pin project of International Platinum (TSE). The property is nine miles from the Still water platinum-pal ladium mine in Montana. In a recent prog…


Mutual has results from Dixie Lake bet

Assay results have been released by Mutual Resources (VSE) from recent drilling on the Dixie Lake gold property 15 miles south of Red Lake, On t. The 141-claim property is centred on a gold-bearing ir…


Alberta Stock Exchange Roper Rises

When a company like Pan East Resources trades over one million shares in a single session there are usually some drill results or a financing to e xplain all t he activity. But in Pan East’s case ther…


Cassandra in Unuk play

Cassandra Resources (VSE) has acquired a gold prospect in the Unuk River area of northwestern British Columbia. Located two miles from the Eskay Creek gold d iscovery made by partners Calpine Resource…


FUTURES PRICES (September 11, 1989)

N.Y. Commodity Exchange Week’s High Low Close Change COPPER (in US cents per lb.) Sep130.50 127.70 128.30 + 0.30 Oct– — 127.40 + 0.80 Dec127.50 123.80 124.50 + …


Toronto Stock Exchange Indices (September 11, 1989)

Sept 5 Sept 4 Sept 1 Aug 31 Aug 30 HIGH LOW Composite “300”3998.83 Holiday4014.56401 0.184009.114019.623353.13 Metals & Minerals3860.47Holiday3919.203911.483910.773919.203207.50 Integrated mines4051.9…


Glimmer encouraged by drill results

Glimmer Resources (TSE) reports encouraging drill results from its gold proper ty in Beatty and Hislop twps. 42 miles east of Timmins, Ont. Two holes were drilled to test a portion of the Destor-Porcu…


Newhawk plans more drilling to test R-8 zone

With a 23,000- ft underground drill program nearing completion on the Sulphurets property north of Stewart, B.C., Newhawk Gold Mines (TSE) is planning to extend the decline (now completed to the 120…


Lencourt seeks financing for African acquisition

Since signing an option agreement to acquire a mining company in Zaire, Africa , Lencourt Ltd (TSE) has been working to complete a due diligence examination of the company’s assets and to arrange the …


Cross Lake, Teck in joint venture

Cross Lake Minerals (VSE) and Golden Dragon Resources (VSE) have signed a joint venture agreement with Teck Corp. (TSE) involving the junior comp anies’ Wilhel mina nickel property near Timmins, Ont. …


Ministers can’t guarantee MDAs

The future of Mineral Development Agreements (MDAs) is far from assured following the 46th annual Mines Ministers conference held here recently. Federal Mines Minister Jake Epp, who co-chaired the con…


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