The Eastmain gold project in northern Quebec could be in production late in 1989 should the results of a final feasibility study prove favorable, partners Placer Dome (TSE) and MSV Resources (ME) repo…
Assays have been received by La Fosse Platinum Group (TSE) from two projects in northeastern Quebec. On the Marymac project, located 250 km north of Schefferville, three vertical holes tested the Redc…
Operations at the troubled MacLellan gold mine near Lynn Lake, Man., appear to have taken a turn for the better. Under the direction of a new management team put together by Hayes Resources (TSE), the…
Golden Knight Resources (TSE) has entered into a flow-through private placement agreement with Teck Corp. (TSE) for aggregate proceeds of up to $5 million. The funds will be used to finance Golden Kni…
A dispute has erupted over the validity of a mining lease on a small portion of the Dawson project in Colorado. Alberta-listed Jascan Resources and joint venture partner Atlantic Goldfields, whose sha…
A holiday-shortened week of relatively quiet trading on the Montreal Exchange brought few surprises, with the market portfolio closing down but the mining and minerals index showing a small gain. Dail…
Nelson Bidgood, a name synonymous with the early development of the Chibougamou area, died in late April at the age of 80. For his pioneering work there he had received numerous plaques and citations …
William James, chairman of Falconbridge Ltd. (TSE) confirms that a settlement is in the making though not yet finalized with the government of the Dominican Republic, which could see Falconbridge’s fe…
Deep drilling at Breakwater Resources’ (TSE) Darius gold project near Malartic, Que., has yielded an exceedingly rich intersection averaging 2.1 oz gold over 21.9 ft. Brian G. Pewsey, president, says …
Royalty acquisition specialist Euro-Nevada Mining (TSE), has picked up another royalty property in the Nevada gold district, the company said recently. Euro-Nevada says it will acquire a 3% net smelte…
Caught in a financial squeeze because its Spotted Horse mine near Lewistown, Mont., has not met design criteria, Chelsea Resources (VSE) has transferred a 20% direct interest in the mine to Northgate …
A gold loan worth up to $10 million, has been arranged by Augmitto Explorations (TSE) with Rothschild Australia Ltd. The loan, which is available until March 31, 1989, remains subject to several condi…
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