Ontario’s oldest gold camp — the Madoc area in the eastern part of the province — is still the site of exploration activity, although other minerals are being sought in addition to gold. One of the …
A proposed merger between Pegasus Gold (TSE) and CoCa Mines (NASDAQ) has collapsed because the “two companies were unable to agree on certain provisions relating to management of the merged company,” …
An operating profit was generated by the Grant gold mine, owned 100% by Silverado Mines Ltd. (VSE). Located in Alaska, the Grant mine produced 856 oz of gold in April which resulted in an operating pr…
The gold potential on Texada Island, 50 miles northwest of Vancouver, has attracted Freeport-McMoRan Gold (NYSE) which recently optioned property from Vananda Gold (VSE). The option agreement involves…
From a speech by federal mines minister Gerald Merrithew at the 1988 Minerals Policy Outlook Conference. The mining industries in Canada and the United States have many similarities. Both industries p…
A Placer Dome (TSE) subsidiary plans to establish a 8,000-tonne- per-day mine and mill complex at its one-third owned Porgera gold deposit in Papua New Guinea at a cost of more than a billion dollars….
A gross profit of $108,000 and a net profit of $65,000 were recorded by Louvem Mines (TSE) during the first quarter of this year, compared with a gross profit of $1.5 million and a net profit of $322,…
What has been described as a “barn burner” of a drill hole yielded spectacular gold values at Huntington Resources’ (VSE) Brett property west of Vernon, B.C. The intersection that may have jolted th…
Subject to a July 15 closing, San Paulo Explorations (ASE) has entered into an agreement to sell, on a private basis, one million shares in the capital stock of the company at $1 per share with warran…
At press time The Northern Miner learned that Cassiar Mining (TSE) was negotiating the purchase of Newmont Mines’ Similkameen Copper operation near Princeton, B.C. The move by Cassiar appears to be an…
The world’s premier nickel producer, Inco Ltd. (TSE), says its expects its average realized price for nickel will exceed $5(US) per lb for the second quarter of 1988. The company, which doesn’t normal…
Haileybury School of Mines held its graduation recently and the convocation speaker for the event was James S. Redpath, founder and chairman of the J. S. Redpath group of companies. In 1962, Redpath …
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