There was good news and bad news at Belmoral Mines’ annual Christmas party in Val d’Or, Que. The good news was the company’s first anniversary out of receivership: the bad news was a Supreme Court of …
Alberta-listed Northfield Minerals could acquire an interest in anot her strategic piece of ground in the Larder Lake area next to the Virginiatown gold mine operated by Kerr Addison Mines. Shareholde…
A good drill intersection from a gold property held equally by Power Explorations and Oracle Resources failed to have much impact on either issue. Despite releasing news of a 9.2-ft section grading 0….
From the point of view of the mining industry, there was only one thing that marred the epic flight of the Voyager superlight aircraft around the world. The aircraft itself, which has become the first…
In the Tax Angles column by John Playfair and Barry Dent in the Dec 15 issue, it was incorrectly stated that, should a bill tabled in the House of Commons be passed, the alternative minimum tax (AMT) …
INCO LTD – Hon. John Black Aird elected a director.
Consolidated McKinney Resources has picked up a 50% interest in the Carissa mine, a gold prospect in Wyoming with a modest production history. The mine produced about 11,500 oz gold prior to its closu…
Exploration work is continuing at Abermin Corp.’s Tartan Lake project near Flin Flon, Man., which falls under a joint venture agreement with Granges Exploration. According to Roger P. Taylor, Abermin …
Reactivated Delbridge Mines has received regulatory approval for a financing expected to net the company $315,000 when completed. The money will fund a follow-up exploration program on the company’s O…
Wednesday close, Dec 17 Investors were feeling anything but festive, judging by the dreary market action this past week. The widely followed composite 300 fell 14.59 pts on the week, including a 2.25 …
An exploration program including surface work and more than 9,000 ft of diamond drilling is planned for the 1987 field season on Colray Resources’ holdings in the Courageous Lake area in the Northwest…
American Barrick Resources has locked up a 100% working interest in Nevada’s Goldstrike gold mine with an agreement to buy Western States Minerals’ 50% interest in the property. The purchase from West…
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