“You can’t sit still in this business. But you have to raise money to go forward.” So said Agnico-Eagle’s Paul Penna at the company’s annual meeting, citing expansion requirements that will call for s…
In terms of natural beauty it’s safe to say that Mother Nature hasn’t been kind to Nevada. But looks can be deceiving and, indeed, much of the state’s wealth lies hidden beneath its barren, inhospitab…
Well over one million hours of work without a lost-time accident have been accumulated at the Elliot Lake operations of Denison Mines, establishing a new Canadian mine safety record. According to Coli…
An announcement that International Baslen Enterprises (ASE) has been offered the chance to finance a legal fight for control of 148 claims in the Hemlo, Ont., area was enough to ensure a packed house …
Bitech Energy Resources (ASE) is targeting late 1989 as a production start-up date for the company’s Tache Lake polymetallic deposit in northern Quebec. Shared equally with Greenstone Resources, (TSE)…
Gold production from the screening and sorting operation of Ateba Mines (TSE) in Beardmore, Ont., was lower during the winter months than originally anticipated. The reason is one of the coldest winte…
Abbey — S. Spivak bought 7,500 to hold 58,501. Aurelian — R. Martel bought 60,960 to hold 274,269. Dickenson — Brewis & White sold 100,000 to hold nil. Dumagami — Mentor bought 14,500 to hold 190,…
If there ever was a classic example of the business cycle and its effect on one company, it’s the case of Inco in the 1980s. The nickel producer is flying high now with record earnings and an increa…
Sale of the controlling interest of Great Lakes Nickel (TSE) to an unidentified resources company may be imminent. President Dennis Wood, speaking at the annual meeting, said a deal, which was to clos…
Eighteen platinum properties in six provinces, the Northwest Territories and one United States state has made International Platinum Canada’s busiest white metal explorer. The company has been at it f…
Exploration work is being accelerated at the Sunrise Lake project of Aber Resources (VSE) and Hemisphere Development Corp. (VSE) in the Northwest Territories. A second drill has been added to outline …
A start was to have been made on deepening the shaft to 3,500 ft from the present bottom level of 2,500 ft at Broulan Resources’ (TSE) main property in the Timmins area of Ontario, where Belmoral Mine…
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