A contract has been awarded to Orocan Inc. of North Vancouver for mill construction at Skyline Explorations’ Reg property north of Stewart, B.C. Initial mill capacity will be 200 tons per day, expanda…
Hambro Resources has changed its name to Richwell Resources (rwl:vse) on a one-new-for-three- old share basis.
Toronto-based Nova Beaucage Mines has completed a private placement of $2.7 million with the Societe en Commandite CMR 1987 Partnership. Under the terms of the placement, the partnership will earn a 1…
N.Y. Commodity Exchange Week’s High Low Close Change COPPER (in US cents per lb.) June 69.40 69.10 69.40 + 4.10 July 69.40 67.0…
Eureka Resources and Southlands Mining Corp. recently concluded a joint venture agreement to develop Eureka’s Frasergold Precious Metals project near Williams Lake, B.C. Under the agreement, Southland…
A miner was crushed to death in a rock fall at one of Rio Algom’s uranium operations this week, the ninth fatality suffered in Ontario mines this year. This is a very serious situation, completely un…
There was good news for shareholders of Breakwater Resources at the recent annual meeting. Chairman Robert Hunter said that Breakwater would probably be paying dividends after the third quarter. This …
The longevity of any mining venture is of prime importance to miners and investors alike. Miners want a secure job in a stable community where they can raise their families and investors want to own s…
It was a banner first quarter in 1987 for the Dome Mines group of gold-producing companies. On a consolidated basis, Dome reports net income for the period of $17,126,000, or 19 cents a share, compar…
The Mines Accident Prevention Association Ontario has presented its first Awards of Excellence for outstanding safety achievements in four sectors of the province’s mining industry — underground mine…
A majority of issues were listless traders this week, as gold prices behaved erratically. One of the most intriguing movers was Jerome Gold Mines, a generally inactive company. The issue closed at a n…
Thirteen of the 15 locals at Stelco Inc. have ratified a new 3-year contract. Included in that total is the key Hilton local in Hamilton. One local, in Burlington, was voting at presstime. The Parkdal…
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