The decision to go ahead with the Marigold gold project in central Nevada will bring Rayrock Yellowknife Resources’ (TSE) net gold production to around 50,000 oz a year, the annual meeting was told. T…
A gold discovery in northern Chile has been described by the president of Lac Minerals (TSE), Peter Allen, as “highly significant for the company.” The discovery was made on Lac’s 85%-owned Apolinario…
Assay results (N.M., April 25/88) from drilling in northern New Brunswick should have read as follows: Granges Exploration (TSE), Middle River property, values to 0.225 oz gold per ton over 9 ft; Cari…
Mohave Gold Inc. (ASE) has announced it will begin three programs, recommended by MineStart Management Inc., to run concurrently on its Pilgrim mine project, 21 miles northwest of Kingman, Mohave Cty….
In an annual meeting speech, delivered with all the gusto of a southern baptist preacher’s Sunday morning sermon, American Barrick Resources (TSE) Chairman Peter Munk promised recently not to digress …
Newmont Second Capital Corp. a wholly-owned subsidiary of New York-based Newmont Mining, recently sold its 34% stake in Sherritt Gordon Mines (TSE) for approximately $40.8 million(US). Sprott Securiti…
With the expected demise of flow-through financing, partners Storimin Exploration (ASE) and Tandem Resources (ME) have some major decisions to make at the Moss Twp. property, west of Thunder Bay, Ont….
A $1-million exploration program involving a minimum 20,000 ft of drilling is planned this year for Cathedral Gold Corp.’s (tse) Takla Rainbow project 95 miles northeast of Smithers, B.C. Approximatel…
Agnico-Eagle — P. Penna bought 200,000 to hold 266,152. Amer Barrick — J. Garbutt sold 22,644 to hold 4,200. Aurora Corp — L. Payton bought 13,500 to hold 53,500. Cominco — Teck Corp bought 456,40…
London Metal Exchange Spot closing prices in Pound Sterling per tonne Date May 3 May 2 Apr. 29 Apr. 28 Apr. 27 Copper 1184-1186 N/A 1140-1142 1100-1110 1146-1147 Lead …
When hydraulic drills were introduced in the early 1970s, productivity shot up to an estimated 107 tonnes per man-hour. That compares with 13 tonnes per man-hour produced using the hand- held pneumati…
With a November deadline to consider, Jerome Gold Mines (ASE) and Muscocho Explorations (TSE) are currently working against the clock to prove up enough reserves to place the old Jerome mine near Sway…
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