More visible gold from Spectrum
More visible gold mineralization has been intersected in a recent hole drilled on the Spectrum property in northwestern British Columbia. Project operator Columbia Gold Mines (VSE) said hole 91″D76 in…
More visible gold mineralization has been intersected in a recent hole drilled on the Spectrum property in northwestern British Columbia. Project operator Columbia Gold Mines (VSE) said hole 91″D76 in…
Lower gold output at its Arthur White mine near Red Lake, Ont., hasn’t prevented Toronto-based Dickenson Mines (TSE) from improving its earnings in the second quarter and first half of this year. In t…
Audrey Resources (TSE) President Guy Hebert will resume discussions this week with representatives of Minnova (TSE) over development plans for the Mobrun polymetallic mine near Rouyn-Noranda, Que. Heb…
Week’ Price (US) Change Gold* $363.60 -$ 3.40 Silver* $4.07 -$ 0.16 Platinum* $362.00 -$12.25 Nickel** $3.67 -$ 0.08 Lead** $0.25 $ 0.00 Copper $1.02 +$ 0.02 Zinc $0.48 $ 0.00 Courtesy of Scotiabank. …
Hughes Lang (VSE) has signed a letter of intent which clears the way for Homestake Canada to option the Pickle Pat property near Pickle Lake, Ont. By spending $800,000 and making cash payments totalli…
Reserves at the J&L property near Revelstoke, B.C., have increased substantially following a recently completed $3.4-million exploration program. Cheni Gold Mines (TSE) is earning a 60% interest in th…
Having just completed its first public offering, Wheaton River Minerals (TSE) is getting ready to explore its 104-sq.-km property near Whitehorse, Yukon. Deep drilling is scheduled to commence immedia…
Denver-based Echo Bay Mines (TSE) recently started to convert its Swiss franc 3.87% bonds due 1996 into common shares. The conversion offer will expire Oct. 28. At the option of the bondholders, each …
A drop in head grades at the Lawyers mine in north-central British Columbia pushed first-half results into the red for mine owner, Cheni Gold Mines (TSE). The company reported a loss of $1.7 million f…
Ontario’s first postwar gold mine, the Renabie mine about 200 km west of Timmins, Ont., is about to register another milestone — the first mine closed under the province’s new rules of the revised pr…
Underground mine development is scheduled to begin shortly at the Samatosum mine near Adams Lake, B.C. The mine is 70% owned by Minnova (TSE) and 30% owned by Rea Gold (TSE) which also holds a 5% net …
If a recently announced deal is completed, Rea Gold (TSE) could receive up to $6.15 million in financing from Trimin Resources (TSE). Under the agreement, a wholly owned subsidiary of Trimin will buy …
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