A substantial increase in gold production from seven North American mines made 1988 an extremely lucrative year for Toronto-based American Barrick Resources (TSE). As a result of development at the Go…
A junior mining company with roots extending back to the original booms of both the Kirkland Lake and Red Lake gold camps is teaming up with one of this country’s biggest and most successful operators…
Despite the decline in uranium prices during the past year, Uranium Resources (VSE) posted record earnings for both its fourth quarter and fiscal 1988. The Dallas-based company produces uranium in Sou…
Over the last few years, the mining industry in northwestern Ontario has created more new full- time jobs for the region than any other industry. It is growing at an unprecedented pace, with two new m…
Still smarting financially from start-up problems and production shortfalls at its 100%-owned Johnny Mountain mine, Skyline Gold Corp. (TSE) is looking to form a joint venture with a senior mining com…
Based on data from 1988 surface and underground drill programs, partners Tenajon Resources (VSE) and Esso Minerals Canada have reported geological reserves for the SB property north of Stewart, B.C. I…
Ore from the Laurel Lake gold- silver mine near Creighton, Sask., will be processed at the Bootleg Lake mill of Vista Mines (TSE). Vista reports agreement has been reached for the milling of 9,000 ton…
Hillsborough Resources (TSE) earned $1.4 million or 30 cents per share in 1988, compared to a profit of $1 million or 23 cents per share in 1987. Revenue of $34.1 million was up 2% from $27.9 million…
Agreement-in-principle has been reached between BHP-Utah International and Noble Peak Resources (ASE) whereby the latter will purchase all of the remaining rights and interests of BHP-Utah in the Cryp…
Toronto-based junior Goldquest Exploration (TSE) has signed a letter of intent with Chevron Minerals whereby the latter may earn a 50% interest in certain properties belonging to Goldquest in the Red …
FREE MARKET London Metal Exchange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date Feb 28 Feb 27 Feb 24 Feb 23 Feb 22 Copper 17…
Control of Atlantic Goldfields (COATS) has passed to Ronald Goguen, a private investor based in New Brunswick. Via his private company, Kash Investments, Goguen purchased 2.3 million shares or a 19.7%…
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