Echo Bay poised for turnaround
Misinterpretation of reserves at the McCoy/ Cove mine and again at the Magino and Magnacon mines has cost Echo Bay Mines (TSE) millions of dollars. In 1989, Echo Bay’s per-share earnings dropped to 16…
Misinterpretation of reserves at the McCoy/ Cove mine and again at the Magino and Magnacon mines has cost Echo Bay Mines (TSE) millions of dollars. In 1989, Echo Bay’s per-share earnings dropped to 16…
Pierre Lassonde, the president of Franco-Nevada Mining turned author, takes a look at the 1990s in this excerpt from his new book on the gold (and silver) industry, The Gold Book, published by Financi…
A drilling and trenching program is set to begin at the McConnell Creek property under option to Placer Dome (TSE) from Gerle Gold (VSE). Placer spent $600,000 on the property last year and can earn a…
The new Jasper mine, 87 miles north of La Ronge, Sask., poured its first gold bar at an official opening ceremony on June 7. The mine is owned 80% by Cameco (operator), and 20% by Shore Gold Fund (ASE…
In a complex series of transactions, Corona (TSE) has secured ownership of claims it considers strategic to the operation and longevity of its Nickel Plate gold mine near Hedley, B.C. Based on a recen…
Up until the week ended June 12, gold’s dismal performance wasn’t putting much of a damper on trading activity on the Vancouver Stock Exchange. In fact, recent increases in both volume and value of sh…
A formal agreement for the development of the SB gold-silver property near Stewart, B.C., was recently announced by Westmin Mines (TSE) and Tenajon Resources (VSE). Under its terms, Westmin can earn a…
Week’s Price (US) Change Gold* $353.00 — $6.80 Silver* $4.99 — $0.10 Platinum* $484.40 — $7.35 Nickel** $3.79 + $0.14 Lead** $0.37 — $0.00 Copper- $1.16 — $0.03 Zinc $0.76 — $0.03 Courtesy of Sc…
It still takes a great deal of field work. Dozens, sometimes hundreds, of drill holes still have to be sunk. But, more and more, exploration work is being simplified, thanks to computer software. At l…
After a decade as the driving force behind Galactic Resources (TSE), Robert Friedland has stepped aside as president and chief executive officer to turn over the helm of the company to a management te…
More than ever before, Canadian juniors are now looking overseas for new investment opportunities as exploration heads for a slowdown at home. A brief survey of junior mining companies by The Northern…
Shareholders of Stikine Resources (TSE) will have the opportunity to accept buy- out offers for their shares from either Corona (TSE) or Placer Dome (TSE). Both major companies recently announced offe…
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