From the Casa Berardi area of Quebec, TVX Gold and Golden Knight Resources reported completion during the first quarter of 19 drill holes at their joint venture gold mining project. Five of the holes …
Despite a drop in gold prices, a 12% increase in gold production helped Echo Bay Mines (TSE) return to a profitable position in the first quarter of 1991. The gold miner reported earnings of $4.4 mil…
A miner was killed recently at the Gays River lead-zinc mine in Nova Scotia. It is owned by Westminer Canada, a wholly owned subsidiary of Western Mining Corp. of Australia. An official at the mine s…
Partners Golden Knight Resources (TSE) and TVX Gold (TSE) continue to intersect ore-grade gold mineralization over narrow widths in the Theo River/Lac Germain region, 10 km from their Casa Berardi, Qu…
Merger partners El Condor Resources(VSE) and Covenant Resources (VSE) recently agreed to purchase the North and South Kemess property interests held by a unit of Kennecott. El Condor earned a 60% int…
Last year was a milestone in the 16-year history of the Mining Research Organization of Canada. MIROC, the oldest research organization sponsored by the mining industry, has emerged from its partial d…
Price (US) Week’s Change Gold* $360.25 + $ 3.85 Silver* $ 4.12 + $ 0.09 Platinum* $392.90 — $ 0.60 Nickel** $ 3…
Australian industrial minerals producer Gwalia Consolidated recently fulfilled its ambition to purchase a publicly traded North American gold miner by acquiring Consolidated Nevada Goldfields (TSE) of…
A private Montreal venture-capital company, Polcap Investments, has signed agreements with zinc producer ZGH Boleslaw Mines of Poland to act as financial, managerial and technical adviser. In announci…
Minority shareholders of Falconbridge Gold (TSE) will vote June 3 at the annual meeting in Toronto on a resolution approving the purchase of the African gold assets of its controlling shareholder, nic…
A private placement agreement between Teck (TSE) and Prime Equities (VSE) was recently completed with the sale of four million Prime shares at a price of $1.25 per share. Along with the private place…
The Mattabi mill and Lyon Lake underground mine, part of the Sturgeon Lake mining camp of northwestern Ontario, will close on May 22, reports Noranda Minerals, a unit of Noranda (TSE). About 25 of th…
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