NovaGold retires debt
After reaching an agreement with creditors to retire $1.43 million in outstanding debt, NovaGold Resources (TSE) is now focusing its efforts on achieving gold production at the Murray Brook project, 8…
After reaching an agreement with creditors to retire $1.43 million in outstanding debt, NovaGold Resources (TSE) is now focusing its efforts on achieving gold production at the Murray Brook project, 8…
Active on the Canadian mining exploration scene for many years, A. Lew Parres has been chosen Prospector of the Year by the Prospectors and Developers Association of Canada (PDAC). Parres will re ceiv…
American Reserve Mining Corp. (VSE) reports that over 99% of the shareholders of Associated Porcupine Mines (TSE) have voted to amalgamate with a wholly-owned subsidiary of American Reserve to form Pa…
Assays from a further five holes were released by Athabaska Gold Resources (VSE) from recent drilling on the Nicholas Lake gold property located 60 miles north of Yellowknife, N.W.T. The company has e…
A substantial increase in gold production from seven North American mines made 1988 an extremely lucrative year for Toronto-based American Barrick Resources (TSE). As a result of development at the Go…
A junior mining company with roots extending back to the original booms of both the Kirkland Lake and Red Lake gold camps is teaming up with one of this country’s biggest and most successful operators…
Mining attracts colorful and flamboyant characters of all types because its more than just a business, not just a 9 to 5 job — it’s a way of life that can consume all your waking time and more. In th…
Despite the decline in uranium prices during the past year, Uranium Resources (VSE) posted record earnings for both its fourth quarter and fiscal 1988. The Dallas-based company produces uranium in Sou…
Over the last few years, the mining industry in northwestern Ontario has created more new full- time jobs for the region than any other industry. It is growing at an unprecedented pace, with two new m…
Still smarting financially from start-up problems and production shortfalls at its 100%-owned Johnny Mountain mine, Skyline Gold Corp. (TSE) is looking to form a joint venture with a senior mining com…
Based on data from 1988 surface and underground drill programs, partners Tenajon Resources (VSE) and Esso Minerals Canada have reported geological reserves for the SB property north of Stewart, B.C. I…
On behalf of Newmont Mining and the many Newmont employees who have been part of the Canadian mining scene over the past 60 years, I would like to express sincere thanks for your gracious comments on …
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