News

The Eagle, the first gold coin minted by the U.S. government in 54 years, will go on sale Oct 20. Sales of the legal tender, 92% pure-gold coin are expected to reach as high as 2.2 million oz of gold …

Already well advanced on a joint venture re-development program on an old mine in Quebec, Nova Beaucage Mines is setting out on its own with a similar re-development scheme for a mine in Ontario. The …

An agreement has been signed between Edmonton-based Terra Mines and a Mexican mining company called Industrias Penoles, S.A. de C.V. providing for joint exploration and development of a group of gold …

by Consolidated Sea Gold, on its Cahill claim group at Hedley, B.C. The company says the hole was drilled to a depth of 903 ft, with visual mineralization throughout most of it. Further drilling is go…

Ontario’s mine rescue team, entered for the first time ever in the national mine rescue competition, has tied with a Northwest Territories team from Nanisivik Mines for top spot in the event, held rec…

From the marketing of highly speculative grass roots mine issues to mutual funds represents quite a switch. But that’s the direction now being taken by the broker-dealer firm of Gordon-Daly Grenadier …

The exploration shaft on D’Or Val Mines’ Beacon gold property, just east of Val d’Or, Que., has been sunk below the 1,350-ft level with stations cut for future drives at depths of 770-ft, 950-ft and 1…

The gold zone being developed in the Mishibishu Lake area of northern Ontario under a joint venture with Granges Exploration has now been traced for 1,100 ft with current drilling stepped out to beyon…

A decison to dewater the No 1 shaft at the former producing Pickle Crow mine near here is expected to be made by the end of the month, officials of Highland-Crow Resources have told The Northern Miner…

A 4,000-m diamond drill program has begun on Nexus Resource Corp.’s 493-claim Birch Lake property, about 65 miles east of Red Lake, Ont., the company says. The target is gold mineralization associated…

Exchange on Oct 6. This original listing in the mining category is for 31 million common shares, all of which are issued and outstanding. The company is primarily engaged in the exploration for and de…

Asamera Inc. reports that a total of 134,726 tons of ore was processed through the mill at the Cannon mine in Wenatchee, Wash., during the second quarter of 1986. An 82.37% flotation recovery was aver…