After completing 6,700 ft of diamond drilling at its Nugget Pond gold property near Betts Cove, Nfld., Bitech Energy Resources (ASE) is taking a hard look at the data before deciding what to do next. …
A Slovakian immigrant who began his working life in Canada as a tomato picker, Stephen B. Roman built one of the country’s largest mining and resource empires. That globe-spanning empire now includes,…
Newmont Mines, a wholly- owned subsidiary of Newmont Mining, will begin an 8,000-ft drill program next month on the Ithingo Lake gold property in northern Saskatchewan. Mobilization will begin this mo…
Toronto-based American Barrick Resources (TSE) is about to embark on one of the most ambitious mine development programs ever undertaken by any Canadian gold producer. Over the next four years the com…
The board of directors of Roddy Resources (TSE) has approved the settlement of debts owing to the company’s chairman, Walter Callum. Under the settlement, subject to all required approvals, Callum wil…
VANCOUVER Bellwether Res Ltd — rt exerc on 175,000 @ 55 per sh. Moongold Res Ltd — 600,000 sold for gross $210,000. West Pride Ind Corp — rt exerc on 457,266 @ 66 per sh. Mishibishu Res Ltd — 1,…
Falconbridge Gold, a recent newcomer to COATS, saw 40,000 of its shares traded in the $3.25-$4.50 range this week. The company is spinoff of the giant Sudbury nickel miner. Augdome Corp. was up slight…
With demand strong and supply at record levels, zinc is trading at fancy prices today. The base metal, which averaged about 54 (US) per lb last year, was recently trading for 76 on the London Metal E…
The proposed merger of CoCa Mines (NASDAQ) and Geodome Resources (NASDAQ) could be completed in the first quarter, said CoCa President Hugh J. Matheson. The deal will require the approval of the holde…
A major drill program totalling more than 110,000 ft is scheduled to begin this month on the Lamaque gold project owned by partners Teck Corp. (TSE) and Tundra Gold Mines (VSE). The program, expected …
Trading activity on the Montreal Exchange in 1988 was comparable to 1986 levels, says the exchange, which saw its general market portfolio index gain about 6.5% last year. “While the October, 1987, cr…
The new directors of MacDonald Mines Ltd have changed the name of the mining company to MacDonald Mines Exploration (COATS). The company took on a new life last year (N.M., Sept 5/88) when shareholder…
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