News

As lacklustre as trading on the stock markets has generally been of late, the Montreal Exchange managed to pull ahead during the week to show gains both in the market portfolio (almost 24 pts) and the…

Reynolds Metals Company recently announced a planned expansion of the Boddington Gold mine in Western Australia to double its original processing capacity, making it the largest gold mine in Australia…

A mini-Hemlo camp in the making at Mishibishu Lake? That’s the impression one quickly gathers after a helicopter flyover of this bustling new gold area and meeting first hand with its key developers. …

A. L. Parres, president of Nor- Acme Gold Mines (TSE), has agreed to sell his shareholdings in the company to High River Resources (VSE) of Vancouver, the company said recently. Parres currently holds…

What began as a marital spat between two Vancouver-based mining companies could turn into a full-fledged divorce. .T The object of the dispute is the Tartan Lake gold mine near Flin Flon, Man., curre…

Gaming is still Nevada’s largest industry and probably always will be. But it’s certainly not the mainstay of Elko anymore where legalized gambling began nearly a half century ago. Several new gold mi…

While Sherritt Gordon (TSE) is on the hunt for new feed for its Alberta nickel refinery, buoyant nickel prices and coinage product profits combined to produce a record second-quarter. Net earnings inc…

Detailed analysis of geologic and assay data from the 1987 exploratory drilling program at Steelhead Resources’ (VSE) Excelsior Mine, Whatcom Cty., Wash., has revealed gold and silver reserves greater…

A loss of $1.6 million or 12 cents per share — the first quarterly loss since 1977 — has been realized by Agnico- Eagle Mines (TSE) for the second quarter ended June 30. The loss is attributed by m…

An open-pit gold-silver mine is planned by Novagold Resources (TSE) at Restigouche Cty., N.B., in the Bathurst area. Capital cost of the mine is estimated at $6.1 million. The Atlantic Canada Opportun…

Buying and selling North American gold stocks holds the excitement, fascination and profit-potential of investing in other forms of gold, but with the measured prudence and rational decision-making re…

Drilling on the Leckie property has increased reserves to 193,000 tons grading 0.215 oz gold per ton, Stroud Resources (TSE) reports. Partner Exador Resources (TSE) is earning a 30% interest in the pr…