News


Placer Dome to option Brookbank property

Placer Dome Inc. (TSE) has signed a letter of intent to option Metalore Resources (TSE) Brookbank gold property near Beardmore, Ont. Under the terms of the deal, Placer has the right to earn a 50% int…


Ennex developing Scottish gold mine

A Scottish gold mine is in the works. Broker James Capel recently reported Ennex International is exploring the Cononish property at Crianlarach, 60 miles northwest of Glasgow, and to date has defined…


Agency to promote small-scale mining

The lessons learned by companies developing small mines in Canada may soon be applied to mine development elsewhere in the world. That is the aim of Small Mining International, an international agency…


Orex to acquire Goldboro property

Having acquired a 25% interest in the Goldboro gold property in Guysborough Cty., N.S., Orex Exploration (ME) will spend $8 million to purchase the remaining 75% interest held by Onitap Resources (TSE…



Gold funds as of March 14

BGR Goldcorp Central MVP Capital Net value $12.17% 9.16 6.60% 0.80% Price $9.88% 6.00 6.12% 0.62% Discount $ 19.72% 34.5% 7.2% 22.5…


Jolu mine meeting design parameters

Operations at Saskatchewan’s newest gold mine are meeting design parameters, partners International Mahogany Cor , (TSE) and Corona Cor , (TSE) say. The Jolu mine, which entered production in November…


Correction (March 20, 1989)

NLX Resources (TSE) has not acquired control of Sandy K Mines, a private company as reported earlier (N.M., Mar 6/89). NLX holds a 24% in a silver property near Gowganda, Ont., which is controlled by …



Cheni Gold near full capacity at Toodoggone mine

Despite one of the coldest winters on record, Cheni Gold Mines (TSE) says commissioning of the 550-ton-per-day mill on its 100%-owned Lawyers property in the Toodoggone area of British Columbia, has p…


Corona ups interest in Dolphin Explor.

Increasing its interest in Dolphin Explorations (TSE) recently was Toronto-based Corona Cor (TSE). A wholly-owned subsidiary of the latter, Corona-Hemlo, acquired an additional 654,545 shares of Dolp…


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