Believing that its CNE base metal deposit in New Brunswick can be developed as a low-cost open pit mine, Stratabound Minerals (ASE) has applied to the provincial government for permission to take a bu…
Joint venture partners Dejour Mines (TSE) and Noble Peak Resources (TSE) plan to carry out a $700,000 exploration program this year on their Turquetil gold property, situated 140 miles southwest of Ra…
Gibraltar Mines made a smart decision back in mid-decade. The company was saddled with about 200 million tons of low-grade ore and “waste” piled on-site at its McLeese Lake, B.C., mine. Someone decide…
Shareholders of Franco-Nevada Mining Corp. (TSE) can look forward to annual dividends of $1 per share, Seymour Schulich, chairman of the company said at Franco’s annual meeting. “The cornerstone of Fr…
A cease trading order placed on the common shares of Comaplex Resources (TSE) will remain in effect for the time being, the Ontario Securities Commission has ruled. The cease trading order was issued …
Drifting on the second and third levels of the East Zone of Ronrico Exploration’s (VSE) Simkar gold project near Val d’Or, Que., have increased the company’s No 1 stockpile to 5,991 tonnes. Ore reserv…
The discovery of a significant copper-zinc massive sulphide deposit near Val d’Or, Que., has provided a badly needed psychological boost to market activity here, even though the find directly involves…
The official opening of the Magnacon mine, this area’s first producer, ushers in what promises to become a significant new Canadian gold camp. An impressive looking plant, it is owned 50% by Flanagan …
ALUMINUM: MW U.S. Market US87.50 cents – 90.00 cents per lb. (June 15, 1989). ANTIMONY: New York dealer 98 cents -$1.00(US) per lb. (June 22, 1989). BISMUTH: New York dealer $6.00-$6.10(US) per lb. (J…
Another six wedged holes are planned for Chance Mining and Exploration’s (COATS) base metals property this year, shareholders learned at the company’s annual meeting. Owned 100% by Falconbridge Ltd. (…
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…
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