Financially strapped Golden Shield Resources (TSE) recently lost its major shareholder after Kerr Addison Mines (TSE) sold its holdings in the Kirkland Lake area gold producer. Kerr, which sold the lo…
With the world gold mining scene increasingly dominated by “super producers,” able to churn out more than a million oz of the yellow metal per year, Consolidated TVX Mining (TSE) Chairman Eike Batista…
The Shareholders of Britain’s giant RTZ Corp. have approved the $4.3-billion(US) purchase of minerals assets being sold by British Petroleum Co. PLC. RTZ says it expects to complete payment for most o…
Montreal-based Freewest Resources (ME) recently optioned a 27 claim property located on the eastern boundary of Louvicourt Twp. near Val d’Or, Que. Freewest has agreed, subject to regulatory approval,…
Drilling in January and February of this year outlined graphite deposits in three zones at the Portland, Ont., project of Victoria Graphite (COATS). Forty-one holes representing more than 16,000 ft we…
A rumor that Champion Gold was involved in negotiations to provide financing for exploration at Canuc Resources’ Coronation Gulf gold project in the Northwest Territories drove the price of Champion u…
Investors waiting to determine the potential size of the Aur Resources (TSE), Louvem Mines (TSE) massive sulphide discovery near Val d’Or, Que. may have to wait a while. Based on the results of seven …
Completion of a preliminary feasibility study for the Whitewood Creek gold tailings project in South Dakota is imminent, Goldstake Explorations (COATS) President Robert Cleaver said at the annual meet…
An exploration program is planned by Fair Harbour Mining Corp. (VSE) for its base metal/precious metal property on Pitt Island near Prince Rupert, B.C. The company plans to carry out property-wide rec…
Re: The Just-in-Time Mine article that appeared in the March, 1989, issue. I wish to report some serious errors and omissions. The following points should clarify some of the statements made and also …
Mining costs for the western world’s gold producers continued to rise in 1988 and Canada slipped to fourth spot among producer- nations, Consolidated Gold Fields reports in its Gold 1989 publication. …
Toronto-based Lencourt Ltd. (TSE) has entered into an agreement with Billiton International Metals, B.V., which could see the latter company acquire Lencourt’s interest in a Zaire gold project. Billit…
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