News

Officials cut a ribbon here May 31 to open the country’s first commercial tailings re-treatment project. About 60 people were on hand to help Eastmaque Gold Mines (TSE) celebrate the occasion. With si…

Among Canadian gold producers, Blackdome Mining’s (TSE) dividend policy was probably the most generous. Indeed, last year’s payout of $6.7 million was about 109% of net income which was simply unsusta…

A proposed $40-million deal between Battle Mountain Gold (TSE) and Noramco Mining Corp. (TSE) has collapsed following a review of Noramco’s projects by Battle Mountain. The big U.S. gold miner had agr…

The Vancouver market has turned much more positive with trading volume and prices reflecting activity at several key gold plays, particularly the Skyline/Iskut River area northwest of Stewart, B.C. It…

In a week when lack of rainfall may have put a damper on the speculative activities of Alberta investors, the Tusk Minerals issue was one of a small group which managed to post gains in their share pr…

Inco Ltd. (TSE) subsidiary Inco Gold has agreed to become a 50% joint venture partner with Queenston Gold Mines (TSE) at the Upper Canada mine property near Kirkland Lake, Ont. Under the agreement, In…

The image presented of mining, particularly on that most powerful of all mediums, television, is all too frequently a negative one, focusing often enough on hard issues such as accident rates, environ…

Firmness in the market for cadmium is being sustained by strong demand from the makers of nickel- cadmium batteries, Roskill of London reports in a new study on the metal. In the longer term, however,…

Recently listed for trading on the Montreal Exchange was American Reserve Mining (symbol AMI), a company incorporated in 1980 in British Columbia under a different name. The current name came into bei…

Second-quarter earnings of $3.6 million (4 cents per share) before unusual items, and $3.3 million (4 cents per share) after unusual items, were recorded by International Corona Resources (TSE) for t…

Placer Pacific, the affiliate of Placer Dome Inc., which is developing several big gold mines in Australasia, traded 64,475 shares today. The price advanced to $2.30 per share. Winteroad Resources was…

A net loss of $3.8 million (47 cents per share) was reported by St. Genevieve Resources (ME) during 1987, compared with a loss of $11,980 (1 cents per share) for the previous year. The company attribu…