News

Higher costs at the Red Lake mine, lower realized gold prices and lower revenues at Havelock Lime contributed to a 82% drop in earnings at Dickenson Mines (TSE) for the first nine months of the year. …

Undeveloped mineral deposits in British Columbia could be expropriated by the provincial government for exploration costs over the last five years if the recommendations of a recent commission of inqu…

Third-quarter earnings for Amax Gold (NYSE) took a turn for the worse, sliding to US$700,000 from US$5.4 million for the same period last year. Earnings for the nine months ended Sept. 30 were also lo…

The Calgary Mineral Exploration Group will be holding its Second Annual Mining Forum March 3-4, 1993, at the Ramada Hotel in downtown Calgary. Interested individuals are invited to submit papers to be…

Patrick Tan appointed director.

Douglas Rogers appointed director.

Michael Clark named chief operating officer.

Daniel Baroux, Elisabeth Labrick and Oksana Szulhan appointed directors.

James Aikens appointed director and president; Bruce Ellner and James Armstrong appointed directors.

An employee-owned potassium sulphate plant was recently officially opened near Wynyard, Sask. The owner, Big Quill Resources, expanded the plant, initially a pilot project of the Potash Corp. of Saska…

Transpacific Resources (TSE) says it is carrying out a restructuring under which its approximate $6-million debt will be converted to equity. The company has plans to commercialize its patented techno…

Peat “T” Inc. of Edmonton says it has agreed to purchase the working assets of North Star Peat, an Edmonton-based company which harvests, processes and markets peat, by the end of 1993. Peat “T” says …