News


McNellen says yes to Echo Bay deal

Shareholders of McNellen Resources (VSE) recently gave the go- ahead to a transaction in which Echo Bay Mines (TSE) will acquire two million McNellen shares at $2.50 per share. Under the agreement, du…


News in Brief (August 08, 1988)

Coeur D’Alene reports net income of $3.6 million(US) on revenue of $17.7 million during the second quarter of 1988 compared with $2.5 million on revenue of $9.9 million for the same period in 1987. Ne…


Obituaries Thomas J. McQuillan

Thomas J. McQuillan, one of British Columbia’s best known prospectors , died at White Rock, B.C. recently after a lengthy illness. He was 70. McQuillan was born in Nanaimo and, as a young man, worked …



Metalore action dismissed by court

An action brought by Metalore Resources (TSE) against Ontex Resources (ASE) alleging conspiracies in relation to a lawsuit launched by Ontex against Metalore has been dismissed by an Ontario Supreme C…


Quebec mining ventures studied

A report published this year on mining projects in Quebec operated by French-Canadians says the typical enterprise has about 4 million shares in circulation which are in the hands of 400 shareholders….


Noranda/BP Nfld project shows significant values

Eight holes drilled since the middle of July at the Tally Pond- Duck Pond polymetallic project in central Newfoundland have intersected significant values, joint venture partners Noranda Inc. (TSE) an…


Hemlo Gold reports drop in earnings

Second-quarter earnings of $10.6 million (12 cents per share) on revenue of $44.5 million were recorded by Hemlo Gold Mines (TSE), compared with $12.2 million (14 cents per share) on revenue of $47.2…





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