News

In small communities like Atlin where placer mining is the major industry, a code of honour exists among locals that is rarely broken. Stealing from your employer is taboo and those that do are ostrac…

In a bid to turn Whim Creek Consolidated (TSE) into an international mining concern, Peter McAleer spends much of his time on board aeroplanes which take him to properties in Australia, the United Sta…

Increased production, an improved gold grade and lower operating costs at the Cannon Mine in Washington State all joined forces to make a better bottom line for Breakwater Resources (TSE) during the f…

Normetal Mining Exploration (ME) and affiliate company La Sarre Mining Exploration (ME) have delineated several blocks of reserves on the former producing Normetal polymetallic mine near La Sarre, Que…

Net earnings of $20.9 million or 26c a share were reported by Teck Corporation (TSE) for the quarter ended June 30, 1988, up from $9.5 million or 11c a share in the comparable period a year earlier. R…

A quiet week on the Montreal Exchange saw most resource issues lose ground with junior issues suffering the most from the lack of interest in the market. An indication of the weaker interest in junior…

Some good assay results from the Turquetil property in the Northwest Territories made Noble Peak Resources a standout on an otherwise lacklustre trading session. The Noble Peak issue gained 25 cents …

Canada’s world renown expertise in mineral exploration technology, which has aided in numerous international mineral discoveries, is becoming even more accessible to developing nations. Through the Ca…

A financing agreement has been signed by Alberta Gold Exploration Corp. (ASE) which will provide the company with $1.9 million on a flow-through share basis. A large portion of the funds will finance …

When your broker insists the market is “bottoming out” and the dailies carry stories about brokers having to drive to work in their Volkswagen “bug” instead of a Porsche you just know things are getti…

The latest drill program on the Fireweed property near Smithers, B.C. is continuing to extend a high grade mineralized horizon, officials of Canadian- United Minerals (VSE) report. Robert Holland, exp…

Losses reported on Noramco Mining’s (TSE) balance sheet during the first six months of 1988 were due largely to problems at the Golden Rose mine west of Thunder Bay, Ont., the company announced recent…