Long awaited government approval to begin test milling and mining at the Surlaga gold mine and mill complex near Wawa, Ont., has finally been received by Citadel Gold Mines (TSE). The recent approval …
World prices for nickel rage on as the base metal continues to bring a smile to producers and investors alike. Low inventories and strong demand, especially from the stainless steel sector, have combi…
Some additional results were released recently from Bakra Resources’ Sannorm property in Manitoba where the company has succeeded in outlining three zones. The latest results from a 14-hole program fi…
Goldpost Resources (TSE) says the first hole of a four hole drill program on the west zone of the Hislop East property east of Timmins, Ont., has intersected 0.43 oz gold per ton across 42.2 ft from a…
Your recent review of the re- opening of the Bunker Hill mine (N.M., Feb 27/89) implies that we are operating with only one year of proven reserves. I believe that your estimate of our proven reserve …
Despite a substantial improvement in gold production and revenue from sales, Granges Exploration (TSE) reported a loss of $13.5 million or .61 cents per share for 1988, compared to net earnings of $1…
If predictions by partnership fund management officers for 1989 are to be believed, flow-through financing, which appears to have had a watershed year in 1987, is in for a rough ride. “Disaster,” Barr…
A disturbing fact came out at the second annual Central Canada Geological Conference held in Toronto last February. During a panel discussion entitled The University-Industry Relationship — The Next …
With the Cheni gold project now in production, Vancouver-based Energex Minerals (TSE) has the most advanced exploration project in the Toodoggone area north of Smithers, B.C. But a decision on a combi…
Several high grade gold discoveries were made by operator Levon Resources (TSE) during recent underground work on the Congress project located near Gold Bridge, B.C. The project is a 50/50 joint ventu…
Underground exploration work by Newfields Minerals (TSE) in the Kirkland Lake, Ont., area has been placed on hold pending further financing. The company is negotiating a private placement out of New Y…
A concerted effort by the Federal Reserve Board in the U.S. to keep a firm lid on inflation is taking its toll on equities and gold bullion — the latter a traditional inflation hedge. Rising interest…
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