Assuming receipt of all necessary permits, the Champagne heap leach mine near Arco, Idaho, is officially scheduled to begin life as a year-round gold and silver producer in June, 1989. Bema Gold Corp….
A third company has been signed up by joint venture partners Gunnar Gold (TSE) and Mill City Gold (ASE) to explore their 100%-owned Courageous Lake gold property, 150 miles northeast of Yellowknife, N…
Canada faces a crisis in its ability to maintain a robust metal mining industry, and the cause of the crisis may be more deeply rooted than many are aware. Canadian Mining Association President Norm…
For 9 months ended Sept 30, 1988. In millions of dollars, except per-share figures. 1987 Assets $121.7 $129.6 Long-term debt $10.0 — Revenue $279.1 $234.3 Earnings (loss) $13.6 $35.6 …
For 9-month period ended Sept 30, 1988. In millions of dollars, except per-share figures. 1988 1987 (6 months ended Sept 30) Assets $483.0 $450.0 Long-term debt $18.8 $18.8 Revenue N.A…
For 9-month period ended Sept 30, 1988. In millions of dollars, except per-share figures. 1988 1987 (as of (as of Dec 31/88) Dec 31/87) Assets $795 $750.1 Long-term debt $0.778 $66.0 R…
An underground drilling program is under way at the southeastern end of Nevada Goldfields’ (NASDAQ) Kingston mine property near Austin, Nev., and initial results from the work are encouraging, says Al…
A plan of arrangement allowing shareholders of McIntyre Mines (TSE) to exchange each of their shares for either $64 cash or around 2.52 Falconbridge Ltd. (TSE) common shares, received both shareholder…
A new leaner Chelsea Resources (VSE) is planning to increase production this year at the troubled Spotted Horse gold mine near Lewistown, Mont. After gaining control of the company, Chairman Fernando …
Investors were out in strong force during the week, with daily trading volumes ranging between 6.2 million and 9.75 million shares, and both the market portfolio and mining and minerals index capturin…
The announcement on May 17, 1988, that mining exploration would not be allowed in the newly- created park areas in Ontario resulted in the loss of millions of dollars worth of economic activity in Ont…
American Ore — G. Oughtred bought 800,000 (Niv) @ 30 cents to hold 905,000. Bitech — Pamiba Est. sold 100,000 (Dec) @ 33 cents to hold 457,754. Broulan — H. Grightmire bought 30,000 (Dec) @ $1.62 …
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