News

Reserves are expected to increase at the Big Missouri gold project operated by Westmin Resources after several drill holes cut wide sections of above average grade. Located near Stewart, B.C., the pro…

An amalgamation has been approved by the boards of directors of Disc overy Mines, Midcon Oil & Gas and Yellowknife Bear Resources. The companies will form Discovery Corp. Discovery shareholders will r…

For most of us, gold trading is a mysterious business at best. From the five bankers who set the bullion price in London twice each day to gold smugglers in Bangkok, most North Americans know very lit…

Narrow mineralization has been intersected by Noranda Exploration on the company’s optioned gold property near Silverton, B.C. The ground is held under option from Andaurex Resources. Noranda complete…

Demand for tantalum in 1987 should be more stable than in recent years, but supply is less certain, says Roskill Information Services of London. Prices, which rose fourfold in two years to a peak of $…

Wednesday close, Nov 26 With golds in the driver’s seat, the market managed to inch its way back above the 3,000 level over the week, but just barely. The golds and silver index netted a gain of close…

The first successful heap leach test ever in northern Ontario has be en completed by Pamour Porcupine Inc., and the company is gearing up for commercial production next year. The success of the test h…

Silver production from Nevada helped finance the civil war and the metal’s name appears on state licence plates. But far from being the Silver State, Nevada is becoming known as a gold producer — lot…

In the Nov 17 issue of The Northern Miner, in a story concerning the Cobalt silver property of Silverside Resources, it was incorrectly stated that mining, milling, trucking and refining would cost an…

Mining needs all the help it can get these days, so on general princ iple it can hardly fault the Association of Mining Municipalities of Ontario for a submission it made recently at a conference on n…

Midland Energy says a sampling program by Rayrock Resources on its Bellavista gold property in Costa Rica has confirmed previous assay results. Rayrock has been granted a 60-day extension to complete …

Regal Goldfields Ltd. came back to life after rescinding a cease trade order. The issue opened up at 45 cents -55 cents . Regal holds a major interest in a company which is planning to carry out explo…