Low gold prices translated into lower earnings for Franco-Nevada Mining (FN-T over the 9-month period ended Dec. 31, 1997.The royalty company reported income of $37.9 million (or 50cents per share) on…
At its Santa Gertrudis mine in northern Mexico, Campbell Resources (CCH-T) has completed an exploration program designed to delineate easily accessible deposits that would lend themselves to near-term…
While diamond prospects in Canada’s North remain its primary focus, Winspear Resources (WSP-V) is helping fund a drill program now testing the Wekusko property about 45 miles southeast of Snow Lake, M…
Initial drill results from the Rosia Montana gold project of Gabriel Resources (GBU-V) have proven encouraging.The program is designed to upgrade the resource at the Romanian deposit, which stands at …
Toronto-based Republic Goldfields (RGF-V) has agreed to sell its Congress gold project and related assets to an undisclosed purchaser for the bargain-basement price of US$250,000. The Congress propert…
Yamana Resources (YRI-T) has secured its first contract of work (CoW) from the government of Indonesia on its Block 1 property in Kalimantan.On Feb. 19, the Indonesian Minister of Mines and Energy sig…
— Drill results point to higher-than-expected zinc valuesDrilling by Noranda (NOR-T) on the Aripuana joint venture in southwestern Brazil has returned encouraging base metal values.The major, which i…
Partners Noront Resources (NOT-V) and Alto Minerals (ATO-V) will resume drilling this month at their Windfall Lake gold and base metal project in Quebec’s Urban and Barry twps.The juniors are encourag…
Toronto-based Laramide Resources (LAM-T) has joined the rush to acquire ground in Zacatecas state, Mexico. Spurred by the success of partners Teck and Western Copper at San Nicolas (see story, page E1…
The Vancouver Stock Exchange composite index gained 17.65 points, or 2.9%, to close at 630.65 over the report period ended March 3. The mining index followed that trend, rising 13.47 points, or 2.7%, …
Battle Mountain Gold (BMG-N) has restructured its exploration and corporate development groups in order to respond to opportunities that may result from the current industry downturn.Battle Mountain G…
Moncton, N.B.-based Major Drilling Group International has completed the purchase of Midwest Drilling and two related companies, Wescore Drilling and R.M. McIsaac Drilling.Midwest is one of the larges…
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