Recent drilling on Golden Rule Resources’ (TSE) Weedy Lake property located in the La Ronge belt of northern Saskatchewan has returned more high grade gold intersections. Two holes were drilled to tes…
While attention has been focused on the price of copper of late, another base metal has been showing its strength. Zinc is on the move after a summer lull, the spot price of the metal recently hitting…
Aur Resources (TSE) has acquired a base metals prospect from Abbey Exploration (TSE). The 12-claim property, known as the Lugold, is located near Val d’Or, Que. Aur purchased the 100% interest for $12…
FREE MARKET London Metal Exchange Spot closing prices in Pound Sterling per tonne, except zinc and nickel ($US per tonne) Date Nov 1 Oct 31 Oct 28 Oct 27 Oct 26 Copper 1844-18…
The wind seems to have gone out of the sails of the ME, with both the general market portfolio index and the mining and minerals index experiencing downturns. In the case of the latter, the index was …
A membership drive is under way by the Prospectors and Developers Association of Canada (PDAC). Established in 1932, the PDAC currently boasts an individual and corporate membership of more than 4,200…
Corona Corp. (TSE), better known for its gold production, is getting into the diamond game. Corona has acquired an option giving it the right to earn a 70% interest in a 35,000-acre property held by C…
A reorganization and amalgamation of Manitoba and Saskatchewan Coal (1984) and Bienfait Coal has resulted in the formation of a new company, Estevan Coal Corp. Headquarters of the new company will be …
Colonel Eric Douglas Bruce Kippen, O.B.E., died suddenly on Oct 22. He was 95. Colonel Kippen served in France in World War I, was commissioned in 1916, wounded and taken prisoner in the Battle of Cam…
Toronto-based Rio Algom (TSE) is continuing to benefit financially from a favorable economy and the performance of 68.8%-owned copper producing subsidiary Lornex Mining Corp. (VSE). After reporting im…
The program planned for the 1989 Society of Mining Engineers annual meeting and exhibit includes technical sessions, three special symposia, three short courses, several field trips and an expanded ex…
The first four drill holes completed on the Nugget Pond project, owned by Bitech Energy Resources (ASE), has returned strong gold values. Drilling on the new discovery in Newfoundland’s Betts Cove are…
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