In a bid to broaden its interests beyond gold exploration, Moneta Porcupine Mines of Timmins, Ont., has acquired a major interest in over 200 mining claims in the Finlay Basin area of Granite Cty., Mo…
Remember that childhood game called crack the whip? That’s exactly what the market is doing to those interpid investors bold enough to go for the ride. Since Black Monday last Oct 19, volatile swings…
While Quintette Coal has accused them of attempting to squirm out of long term contracts, a major Japanese steel manufacturer says it has no alternative but to take a pricing dispute involving Quintet…
A $15.2-million exploration program at Associated Porcupine’s Paymaster gold property near Timmins, Ont., will be funded by American Reserve Mining under a joint venture agreement. Using flow-through …
Edmonton-based Echo Bay Mines, which four years ago produced just 118,000 oz of the yellow metal, plans to pour 550,000 oz next year and is shooting for 700,000 oz in 1989. This incredible growth rate…
The Canadian Mineral Industry Education Foundation is widening its horizons. For more than 20 largely-unheralded years, the industry-supported, non-profit foundation has been quietly but effectively w…
A generally quiet week is the best way to sum up the performance on coats. Several issues however, did show some life. Clavos Porcupine Mines, which holds a royalty interest on a promising gold play o…
Given the present dangerous state of affairs in South Africa, on the face of it it’s probably a good move — certainly a shrewd move — for that country’s mining giants, Anglo American Corp. and De Be…
Deeper drilling, to 500 ft, has doubled inferred reserves on the Richardson Lake property, 70 miles east of Red Lake, Ont. Owned and operated by Golden Terrace Resources the project now has 200,000 to…
By the early 1990s, the Pickle- Opapimiskan Lakes area in northwestern Ontario could have four gold mines in operation producing more than 200,000 oz of gold. Such a production forecast, combined with…
St. Genevieve Resources and Societe en Commandite Sofimines 1987 have entered into an agreement whereby Sofimines will contribute $326,400 towards the former’s exploration programs in exchange for 65,…
C. Eric Ho, former senior vice- president for tungsten operations in the metals group at Amax Inc, has died, of a heart attack, at age 61. Ho retired from Amax last January after a 29-year career with…
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