Trimin sitting on cash
The sale of its 32.9% interest in the Hanson Lake copper-zinc- silver property in northern Saskatchewan boosted earnings for Trimin Resources (TSE) to $7.3 million for the year ended Feb. 28, 1991. Th…
The sale of its 32.9% interest in the Hanson Lake copper-zinc- silver property in northern Saskatchewan boosted earnings for Trimin Resources (TSE) to $7.3 million for the year ended Feb. 28, 1991. Th…
Development of the Refugio gold property in Chile is proceeding as planned. Bema Gold (TSE), 50% owner of the property, recently released a positive feasibility study calling for a 33,000-ton-per-da…
Mobilization of an exploration camp is expected to begin in mid-June on the SIB claim group adjacent to the Eskay Creek project north of Stewart, B.C. Joint venture partners Silver Butte Resources (VS…
A human rights tribunal has ordered Cameco to change its housing policy at the Key Lake uranium mine in northern Saskatchewan after a male employee was suspended for entering women’s quarters. Power p…
St. Genevieve Resources (TSE) is currently considering its options after recently agreeing in principle to sell 4.35 million common shares of Societe Miniere Louvem (TSE)to Noranda (TSE) for $28.3 mil…
Surface drilling at the Sleeping Giant mine property north of Amos, Que., has verified the apparent south extension of the previously mined A vein, Cambior (TSE) and Aurizon Mines (TSE) reported. Camb…
Following a review of drilling results from a program completed earlier this year, Vananda Gold (VSE) has increased its estimate of preliminary reserves on the Little Billie mine to 195,000 tons gradi…
Merger partners El Condor Resources (VSE) and Covenant Resources (VSE) have decided not to proceed with a previously announced intention to acquire St. Philips Resources (VSE). In early May the compan…
Despite an upswing in the price of gold during the week end the VSE composite index showed little movement, finishing at 566.61 The resource index fared better, adding 14.43 points to close at 55 G…
As far as Fenton Scott can see, there is no light at the end of the tunnel for Canada’s junior mining companies. Already battered by high interest rates, investor apathy, and a large-corporations tax,…
Northfield Minerals (ASE) has resumed work at the Cheminis gold mine near Virginiatown, Ont., and expects to process its first ore within 6-8 weeks. At the moment, Northfield is reactivating the surf…
Price (US) Week’s Change Gold* $370.70 + $ 9.10 Silver* $ 4.51 + $ 0.34 Platinum* $379.75 + $ 1.25 Nickel** $ 3.69 — $ 0.01 Lead** $ 0….
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