Reaction to the federal government’s new resource exploration incentive, or grant scheme which will replace flow-through funding runs from “cautious optimism” to positive, The Northern Miner found in …
Lenora Explorations (TSE) and Mary Ellen Resources (VSE) have entered into preliminary discussions regarding the possible merger of the two, the boards of directors of the companies have announced.
Some encouraging drill results were released recently from X-Cal Resources’ (TSE) Snowbird gold property near Fort St. James, B.C. The Toronto company is currently drilling the new “North Zone” which …
N.Y. Commodity Exchange Week’s High Low Close Change COPPER (in US cents per lb.) May 102.70 101.20 101.90 + 6.00 Jun 98.50 97.00 …
Gold-producer Placer Dome (TSE) wants to divest itself of its almost 25% interest in Falconbridge Ltd. (TSE), shareholders were told at Placer’s annual meeting which took place in Toronto. Placer has …
Getting adequate medical services, particularly a doctor in-residence, is just one of the many challenges that face some small mining communities in remoter areas of Canada, especially in the northern…
The executives at Skylark Resources, (VSE) Vancouver offices say they are encouraged by some high grade gold/silver discoveries at the Toodoggone gold camp in northern British Columbia. The latest dis…
The expansion of Amax Gold’s (TSE) Sleeper Mine near Winnemucca, Nev., is expected to add about 40,000 oz gold to the Colorado company’s annual gold production by 1989, the company said recently. Amax…
The post-crash rally, which saw almost 500 pts added to the TSE composite index since October, 1987, has all but disappeared over the past two months. Following a week of small but steady declines, th…
The milling operation at Granges Exploration’s (TSE) Tartan Lake gold project near Flin Flon, Man., has been shut down because of mechanical problems. Apparently an idler shaft in a rod mill cracked, …
Faith Mines (VSE) has commenced an 8,000-ft diamond drill program on 7 1/4 mineral claims situated approximately 2,000 m east of Perron Gold Mines’ Sleeping Giant deposit in Chaste Twp., Que. Faith en…
Last week the federal government’s decision to extend and enhance flow-through (at least for juniors) was greeted with a big yawn; but the market has backed off since then and today it followed Toront…
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