Minnesota has been left out in the cold as exploration gears up in the Rhinelander-Ladysmith greenstone belt of neighboring Wisconsin. Although Minnesota put thousands of mineral leases up for sale du…
Peter Bradshaw, Brian Fraser, Terry Holland, Randy Turner elected to the board.
Low potash prices continue to take their toll on on Potash Corp. of Saskatchewan (TSE) whose annual potash output represents about 15% of the world’s total production capacity. For the three months en…
An ongoing strike at the Brunswick lead-zinc mine near Bathurst, N.B., has led to another disappointing third quarter for Brunswick Mining and Smelting (TSE). Brunswick reported a net income of $181,0…
Stung by high interest rates, Noranda (TSE) saw its third- quarter net income plunge to $18 million (1 cents per share), down from $101 million (49 cents per share) in the year-earlier period. The 82%…
Growing gold producer American Barrick Resources (TSE) has more than 3.4 million oz. hedged through gold loans, forward sales, options and spot deferreds. Greg Wilkins, chief financial officer, recent…
Increased gold production from two Ontario gold mines enabled Teck (TSE) to report a new record in operating profit from mining activities during its third quarter ended Sept. 30. Operating profit fro…
Several months after acquiring the South Mercur gold property from Dominion Mining and Ennex International, Rochester Minerals (VSE) has negotiated an agreement with Kennecott Corp. The deal gives Ken…
Shareholders of Seven Mile High Group (VSE) rejected an unusual offer by former president Maurice Hamelin to drop his $1.3 million lawsuit against the company on the condition they elect a board of di…
A $10 million writedown on the carrying value of the Lac Shortt gold mine in northwestern Quebec resulted in a $589,000 third-quarter loss for Kerr Addison Mines (TSE) compared with earnings of $5.6 m…
With assay results now in from a 14-hole drill program, Asamera Minerals (TSE) is busy planning an expanded 1991 exploration program for its new gold discovery near Rankin Inlet in the Northwest Terri…
An information forum on professional registration of geoscientists will be held this month in three Ontario cities: Sudbury (Nov. 14, 8 p.m.), Timmins (Nov. 15, 7 p.m.) and Ottawa (Nov. 16, 1 p.m.). T…
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