1987

Custom milling of ore from the Mirado property held by Golden Shield Resources has begun on Jan 20, the company says. Milling is taking place at the McBean mill, near Kirkland Lake, Ont. Approximately…

The Vancouver market hasn’t been quite as volatile as New York and Toronto but it’s been climbing steadily and is now within 18 points of its all-time high. Lower interest rates, stable gold prices, a…

Aur Resources reports net earnings of $717,860 or 9 cents a share, for its fiscal year ended Sept 30, after provision for $700,000 in income taxes. This compares with a net loss of $159,450 in fiscal …

A major 50,000-ft diamond drilling program is adding tonnage to known reserves on the Larder Lake, Ont., property held by partners Eldor Resources, Kerr Addison Mines, Northfield Minerals and Northern…

Heap leach technology is now being applied to gold deposits in Alaska where climatic conditions are not that much different from many parts of Canada. Last year, La Teko Resources completed a test pro…

Drilling has begun on the Queylus Twp., Que., gold property held under option by Diana Resources. Project operator Corporation Falconbridge Copper plans to spend $427,255 on the property following up …

Private placements for $700,000 have been arranged by Vancouver- listed Baroque Resources. Of that amount, $350,000 is with CMP 1987 Resource Partnership and Company, Ltd. and $350,000 is with CMP 198…

Dickenson Mines reports preliminary net earnings for the year ended Dec 31, before extraordinary items, of $4,140,000 or 36 cents per share compared to $1,707,000 or 16 cents per share in 1985. Net e…

The volume leader on the Montreal Exchange this week was, once again, North American Rare Metals. NAR traded 728,300 shares and moved up 23 cents to close at 78 cents as it continues to work on its …

Adding to its list of recent asset sell-offs, Falconbridge Ltd has picked up $75 million (US) for the sale of its 49% equity interest in Western Platinum, a South African producer of platinum group me…

The Fox River project, one of several platinum bets within the fold of International Platinum Corp. will be the subject of another $500,000 exploration program this year by BP Selco. The property, loc…

Grassroots exploration work has started on a 57-claim property in Sandra Twp, near Beardmore, Ont., held by coats-listed Portfield Industries Inc. The work is being funded by Bay Resources & Services …