Following the completion of an underground exploration program, Goldbrook Explorations hopes to have its Wood Mountain property in production by 1990. Located in the Gold Hill area, eight miles northw…
Concerned about near-term cash flow from its bioleaching division, Vancouver- based Giant Bay Resources has concluded a memorandum of agreement to acquire the Banco group of companies of Nashville, Te…
Judith Erola has been elected a director of Inco Ltd. She is president Pharmaceitical Manufacturers Association of Canada and served as federal mines minister in the early 1980s. A new reorganization …
The Cape Breton Development Corp. (DEVCO), a federal Crown corporation created in 1967, is eastern Canada’s major coal producer. DEVCO operates three submarine coal mines, including the new Phalen Col…
Quintette Coal is located near Tumbler Ridge in northeastern British Columbia. It has long-term contracts for the supply of five million tonnes per year (plus or minus 5%) of high-quality metallurgica…
Trading activity in Vancouver has been mixed for the past week, reflecting in part weaker gold prices and the stronger U.S. dollar. At presstime the market index stood at 1,159.6, down marginally from…
A $400,000 exploration program by Oliver Gold will earn that company an 80% interest in Cominco’s Fairview gold property near Oliver in south central British Columbia. The company first obtained 40% o…
A private placement agreement has been arranged between Kewag ama Gold Mines and a private investor who is also a company director. The company will issue a maximum of 250,000 common shares and a mini…
The Klondike Placer Miners Association, along with the Dawson City Chamber of Commerce, is sponsoring a Gold Show in Dawson City, Yukon, on May 27-28. The Association says the event will be a comprehe…
Pacific Concord — Peter Simon, Richard Vogel and James Wright appointed directors.
A 10,000-ft drilling program has started on the Courageous Lake property held by partners Gunnar Gold and Mill City Gold. Located in the Northwest Territories, the 7,333- acre property is located near…
X-Cal Resources (xcl:tse) has commenced a winter diamond drilling program on its Snowbird property near Fort St. James, B.C. The program will continue for approximately five weeks. Current plans call …
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