The start of commercial production at the Nugget Pond gold mine last spring has enabled Richmont Mines (RIC-T) to report a 140% increase in gold production for 1997.The underground mine is in the Baie…
Agarwal ResourcesAlta GoldAmax GoldAmerica Mineral FieldsAnglo AmericanArchangel DiamondAur ResourcesBelvedere ResourcesBolidenBre-X MineralsBYG Natural ResourcesCanarc ResourceCompanhia Vale do Rio D…
Trading reports from the United States show insiders bought more than they sold during these past few months of depressed metals prices.The trend shows the insiders are picking up shares while the pri…
The year past won’t be remembered as much for its mine openings as for its scandals, but several notable (and legitimate) projects did come fruition both in Canada and abroad during 1997.The Musselwhi…
Aber ResourcesAntares Mining and ExplorationApex Silver MinesArizona Star ResourceAshton Mining of CdaAtapa MineralsAtna ResourcesBand-Ore ResourcesBattle Mountain GoldBema GoldBroken Hill Proprietary…
The gold price plunged again over the past week, crashing through its Feb.25, 1985, low of US$284.25 on Dec. 9, and causing further concern that gold producers will be forced to close their highest-co…
Adrian ResourcesAGC Americas GoldAgnico Eagle MinesAlto MineralsAmax GoldAmbrex MiningAntares Mining and ExplorationAnvil RangeArmada GoldAtna ResourcesAurizon MinesBand-Ore ResourcesBanro ResourcesBa…
A new gold zone discovered by Richmont Mines (RIC-T) at its Francoeur mine, west of Rouyn-Noranda, Que., promises to add significantly to reserves.The new No. 7 zone, a steeply dipping structure that …
The start of production at the Nugget Pond mine, near Baie Verte, Nfld., enabled Richmont Mines (ric-t) to boost its operating cash flow tenfold in the second quarter, compared with 1996 levels. Also,…
While the Toronto Stock Exchange continued to set records over the report period July 2-8, the TSE’s gold and precious minerals sub-group, wounded by the meltdown in the gold market, lurched to an ind…
In our issue of June 2, we reported that Bullion Monarch (BMRK-O) had acquired an 80% interest in Knomex Resources (KNO-A). In fact, Knomex is still proceeding with its due diligence review of the pro…
Rouyn-Noranda-based Richmont Mines (RIC-T) has made a bid to take over Montreal-based Louvem Mines (LOV-T).Richmont’s bid is by way of an exchange for all the issued and outstanding shares of Louvem M…
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