Royal Oak Mines’ (TSE) Giant gold mine outside Yellowknife, N.W.T., increased gold production during the third quarter of 1992 compared to the second quarter despite a bitter strike which began May 23…
Mining activities here in Canada are in decline even while metal demand worldwide continues to grow because of the vital role mining products play in our daily lives. But our industry is still seen as…
Having discounted weeks ago a rejection of the Charlottetown Accord, eastern markets strengthened in the days after a majority of Canadians voted against the deal. Bolstered by the positive investor r…
I am a highly frustrated shareholder of Spirit Lake Explorations and have followed the company since the 1960s. Management in June said an incline was being considered at a cost of $1.5 million to obt…
Your recent article on Alberta ammonite (T.N.M., Sept. 14/92) was most interesting, but poorly researched and factually incorrect. With our involvement in the spring of 1986, there slowly emerged an a…
A net loss of US$111.4 million was reported by Homestake Mining (NYSE) for the 8-month period ended Aug. 31, which includes US$117 million of pretax expenses relating to its recent acquisition of Inte…
An option to earn a 50% interest in the Duquesne gold property north of Rouyn-Noranda, Que., has been acquired by Hemlo Gold Mines (TSE) from Radisson Mining Resources (ME). To earn its interest, Heml…
A study on the proposed construction of a ferrochrome plant in Tracy, Que., is expected to be completed early in 1993, says Ressources Minieres Coleraine (ME). Coleraine and provincial utility Hydro-Q…
In order to fund further mineral royalty acquisitions, Redstone Resources (TSE) will issue two million special warrants at $4 per warrant to raise $8 million. Each special warrant will be convertible …
Bermuda-based Dundee International, a wholly owned subsidiary of Dundee Bancorp (TSE), will make a 1-for-1 share exchange offer to acquire the 263 million ordinary shares of Knights Gold Mining. Knigh…
Four separate geological targets were evaluated during a first-phase trenching and surface sampling program carried out by the Goldrun Syndicate on the Decker, Torok and Goldrun mineral leases in Humb…
I regret that I am unable to renew my subscription due because of M.R. Brown’s column “Warding off `penny dreadfuls’ ” (T.N.M., Sept. 14/92). I am a promoter of several of such “penny dreadfuls.” Mr. …
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