During 1996, Hecla Mining (HL-N) produced 3 million oz. silver from its various operations, representing a 35% increase over the 2.2 million oz.produced in the previous year.Of last year’s total, abou…
Diversified resource company Noranda (NOR-T) says weak commodity prices caused its net earnings to drop by almost 50% in 1996, despite a 16% increase in cash flow to a record $1.5 billion.The company …
Editor’s Note: Mindoro was a private company and should not be confused with Edmonton-based Mindoro Resources (MIO-A), a legitimate junior company exploring in southeast Asia.In 1993, rumors began cir…
Western Australian producer Mount Edon Gold Mines has accepted a sweeter takeover offer from Teck (TEK-T) and Australian partner Camelot Resources.Teck and Camelot recently increased their bid to A$2….
Ownership of the Busang gold projects, under the development agreement approved by the Indonesian government on Feb. 18, has been broken down as follows:BUSANG II — (SOUTHEAST)Company…
Exall Resources (EXL-T) has completed an exploration ramp at the Glimmer gold mine near Matheson, Ont., and is now excavating an underground bulk sample.Exall holds a 65.53% interest in the project, w…
World demand for cobalt could increase to about 28,000 tonnes per year in 2000, up from 23,500 tonnes in 1995. This demand should remain stable, and could increase further if the price of cobalt remai…
ExchgValue($000s)CloseBre-X MnrlsT62502620.80Barrick GoldT…
Ontario’s Red Lake gold camp was booming in 1936.No fewer than 12 new mine shafts were being sunk that year, causing the town’s population to double within a short period. At the time, Placer Dome’s C…
Diamond-hunters Ashton Mining of Canada (ACA-T) and Pure Gold Resources (PUG-T) have discovered two new kimberlites in the Buffalo Hills area of north-central Alberta, bringing to seven the number fou…
Diamond drilling by Prospectors Alliance (PALL-C) continues to generate positive results from the Alder Pond base metal property in northern Maine.A drill program is delineating the flat-lying, northe…
Spurred on by an almost continuous rise in gold prices, the Toronto Stock Exchange’s composite 300 index hit several new highs during the trading period Feb. 12-18, rising 1.8% from the previous week …
By continuing to browse you agree to our use of cookies. To learn more, click more information
Dear user, please be aware that we use cookies to help users navigate our website content and to help us understand how we can improve the user experience. If you have ideas for how we can improve our services, we’d love to hear from you. Click here to email us. By continuing to browse you agree to our use of cookies. Please see our Privacy & Cookie Usage Policy to learn more.