Billiton Minerals USA, the mineral wing of Houston-based Shell Oil Co., has signed a preliminary agreement to earn 51% in Ican Minerals’ (ASE) Racey gold project in southeastern Oregon. Last winter Ic…
A major drill program comprising 58,000 ft in 74 holes has been completed on the Mt Hundere zinc- lead-silver property in the Yukon Territory by partners Hillsborough Resources (TSE) and Curragh Resou…
Goldpost Resources (TSE) and Mining Corp. of Canada have entered into an agreement whereby the latter will purchase Goldpost’s Hislop West property situated east of Timmins, Ont. Goldpost will receive…
Bouyant investor interest in base metal stocks helped push the integrated mines index higher to 4081.06 points this week. The Toronto Stock Exchange’s 300 composite index, a wide measure of Canadian s…
Week’s Price (US) Change Gold*$361.20–$ 5.60 Silver*$ 5.13–$ 0.10 Platinum*$477.10–$ 8.25 Nickel**$ 5.72+$ 0.07 Lead**$ 0.34+$ 0.02 Copper$ 1.36+$ 0.05 Zinc$ 0.84–$ 0.04 Courtesy of Scotiaba…
An Australian-based securities firm falls into the bullish camp for base metals when looking ahead to 1990 and beyond. J. B. Were & Son, in a recent publication, foresees supply rising to meet demand …
Seven short holes testing a gold- copper zone have been completed by joint venture partners Athlone Resources (VSE) and Vital Pacific Resources (VSE) on their Soup property situated of Johanson Lake, …
The first hole in a drill program under way on Black Hawk Mining’s (TSE) Minago nickel property has intersected encouraging results in a northeast extension to the main zone. The Minago nickel project…
In the regular column headed “Suggestion Box” in your June, 1989, issue, Normand Champigny quite rightly points out that ore reserve calculations should be done by a team of professionals, but unfortu…
The French have a saying: “As false as a diamond from Canada.” The phrase orig inates with a load of “diamonds” the explorer Jacques Cartier uncovered near the St. Lawrence River in 1541 and subsequen…
Bailey Controls of Burlington, Ont., introduces the PI750 intelligent process indicator/monitor. Only two models cover the full range of inputs. An ac model can be ranged from 1 to 600 VAC, while the …
Canada’s base metal mines are preparing themselves to meet whatever demand arises from the German War, and they appear to be already substantially advantaged by the swift advance in metal prices. Not …
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