A 6,000-ft diamond drilling program is under way on Greenstone Resources’ (TSE) Lada property, north of the Joe Mann mine in the Chibougamau mining district of northwestern Quebec. The Lada program is…
Litigation has ended between Cameco, Shore Gold Fund (ASE), Golden Rule Resources (TSE), International Mahogany (TSE) and Goldsil Resources (VSE), following the completion of bidding on their Transom …
Assay results were released by Calpine Resources (VSE) for 12 step-out holes completed on the 21 zone discovery at the Eskay Creek property north of Stewart, B.C. Calpine owns 50% and is operator whil…
Excluding non-recurring gains, Placer Dome (TSE) reported consolidated net earnings of $90.3 million or 38 cents per share on revenues of $711.6 million for the first nine months of 1989. This compar…
Ontario Supreme Court recently approved the proposed merger of Neptune Resources (TSE) with three other companies into a single entity controlled by Toronto-based ABM Gold (AMEX). The decision came ju…
Two partners in the Dee gold mine in Nevada, Corona Corp. (TSE) and Rayrock Yellowknife Resources (TSE), have increased their interests in the project. The companies jointly purchased the 29.33% inter…
A private placement of Freewest Resources (ME) shares with Noranda Ltd. (TSE) has closed. Noranda bought 325,000 Freewest shares at $3.50 per share. The proceeds of $1.13 million will be used by Freew…
Noranda Inc. (TSE) has released additional results from its Beatty and Hislop twps. gold property near Matheson, Ont., held in joint venture with Glimmer Resources (VSE). Results from five holes are l…
Improved third-quarter performance of the conventional operations at Timmins, Ont., and Yellowknife, N.W.T., helped Giant Yellowknife Mines (TSE) on the balance sheet. The company reports reduced mine…
Property writedowns led to a 1989 third-quarter net loss of $7.86 million or 23 cents per share for Granges Inc. (TSE), compared with a net loss of $1.17 million or 5 cents per share for the third q…
A positive feasibility study has been received by Societe d’Exploration Miniere Mazarin (ME) for its Lac Knife graphite project near Fermont, Que., and the Labrador border. The project, to operate at …
Northern lead-zinc producer Pine Point Mines (TSE) reported earnings of $74.3 million or $16.02 per share for the nine months ended Sept 30. This compares to $43.9 million or $9.47 per share in the pr…
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