The Magino joint venture of equal partners McNellen Resources and Muscocho Explorations expects to make a production decision on its gold property near Wawa, Ont., before the end of June. Muscocho Pre…
Not yet a year old, Inco Gold is already gearing up to open its first gold mine in September, in the Casa Berardi area of Quebec. Then in 1989, two more mines are planned to come on stream, one in the…
London Metal Exchange Spot closing prices in Pound Sterling per tonne Date Mar. 22 Mar. 21 Mar. 17 Mar. 17 Mar. 16 Copper 1277-1279 1258-1262 1289-1291 N/A 1260-1262 Lead …
Shareholders of tse-listed Northumberland Mines have until April 5 to tender their shares to an offer by NovaGold Resources. NovaGold decided to extend the offer, which gives shareholders one NovaGold…
An independent valuation of Louvem Mines of Val d’Or, Que., has concluded the gold-producing firm is worth between $2.40 and $2.72 per share, President P. Andre Lacroix reports. The valuation was prep…
A buoyant precious metal market will keep profits high in 1988, Equity Silver President A. Petrina tells shareholders in the annual report. British Columbia’s largest silver producing mine located nea…
The death of Stephen B. Roman is truly a milestone in the history of Canada’s mining industry. Seldom has one man put his stamp so firmly on such a large mining enterprise. Seldom has the grip of one …
Toronto-listed Westfield Minerals has encountered some encouraging gold and zinc values while drilling its Big Island Lake polymetallic project near Flin Flon, Man., the company said recently. By spen…
Exploration success at American Barrick Resources’ Goldstrike property near Elko, Nev., have contributed to some record-breaking financial results, the company said recently. Toronto-based Barrick sai…
Through a financing agreement with Echo Bay Mines, Toronto- based Nuinsco Resources has raised $1.65 million for exploration at its northwestern Ontario gold properties, the company said recently. As …
All permits are in place for Brohm Resources’ Gilt Edge gold property located in the Black Hills of South Dakota. The $17.5-million open pit, heap leach project is slated to come on stream in August, …
In what appears to be one of the decade’s major bargains, Vancouver-based Mark V Petroleums and Mines has announced a production decision — at a rate of 50,000 oz annually — at a Montana gold proper…
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