Toronto-based Nuinsco Resources (TSE) has launched a counter-suit against Echo Bay Mines (TSE) for breach of fiduciary duty involving the Cameron Lake gold property in northwestern Ontario. Echo Bay, …
A US$1-million deep drilling program is planned by Hycroft Resources and Development (TSE) for its Crofoot mine project near Winnemucca, Nev. According to Hycroft, the first stage of the drill program…
Given the cyclical nature of the mining industry, the high prices of metals experienced two years ago were not to last in 1989. And in most cases they didn’t. But what will 1990 bring? A random surv…
The option to enter a profit-sharing agreement on the Excelsior property owned by Steelhead Resources (VSE) has been dropped by FMC Gold (NYSE). The original 90-day option, subsequently extended by 60…
Wilanour Resources (TSE) said recently that 1,006,299 shares had been subscribed for and issued following a rights offering which expired Dec. 12, for which Wilanour has received $3.2 million. Accordi…
A sharp drop in metals prices in November contributed to a reduction of 1.3% in Scotiabank’s all- commodity price index for that month. Economist Patricia Mohr reported a 2.9% monthly drop in the meta…
Equity interests in three associated companies are being traded by Echo Bay Mines (TSE) for partial ownership of two fairly new gold mines in the Wawa area of northern Ontario. The large North America…
William Eplett, president of International Platinum and a director of Corona Corp., died Dec. 20. He was 56. Eplett graduated with honors in business administration from the University of Western Onta…
Now that the Robinson gold mine litigation is officially settled, Alta Gold (NASDAQ) and partner Echo Bay Mines (TSE) expect to produce about 115,000 oz. gold at Robinson in 1990. Kennecott recently g…
Kimex Resources (ME) has signed a letter of intent with Wabigoon Resources (COATS) which gives Kimex the right to earn a 50% interest in Wabigoon’s Hunter gold project near Timmins, Ont. The interest …
St. Genevieve Resources (TSE) has reported net income of $1.3 million or 7 cents per share for the nine months ended Sept. 30, 1989, compared with a loss of $2.8 million or 20 cents per share for th…
A quiet trading pattern prevailed during the holiday season and left most junior mining shares unchanged. A single transaction involving 100,000 shares of Milestone Resource left that issue unchanged …
By continuing to browse you agree to our use of cookies. To learn more, click more information
Dear user, please be aware that we use cookies to help users navigate our website content and to help us understand how we can improve the user experience. If you have ideas for how we can improve our services, we’d love to hear from you. Click here to email us. By continuing to browse you agree to our use of cookies. Please see our Privacy & Cookie Usage Policy to learn more.