1988

With a $50- million investment in the Muscocho Group of companies including McNellen Resources (VSE), Echo Bay Mines (TSE) is set to play a much larger role in Eastern Canada’s gold mining industry. U…

Toronto-based HSK Minerals (TSE) has entered an agreement with CMP 1988 Resource Partnership and Co. Ltd. (CMP), in which CMP will subscribe for shares of HSK on a flow-through basis for a considerati…

Need to know more about the finding, development and financing of mines in Canada? The Prospectors and Developers Association of Canada is aiming to fill the gaps in knowledge on these subjects, throu…

Rising interest rates have put a lid on the summer rally — at least for the time being. Combined with summer holidays and investor concerns over inflation and the economy in general, our review week …

With underground exploration still in progress at Mark V Petroleums and Mines (VSE) Bagdad gold mine near Philipsburg, Mont., the company says it is still encountering high grade mineralization on the…

A problem at one of Cominco Ltd.’s zinc roasters at Trail, B.C., has resulted in a mechanical breakdown. The failure will put the roaster out of service for about a week, resulting in the loss of 2,00…

Despite the recently-announced abandonment (after it had been completed) of a major U.S. nuclear power station, other events have offered hope and expectation that there will be no slowing in the worl…

Mobilization for a $1.5-million exploration program on Energex Minerals’ (VSE) Al project in the Toodoggone area north of Smithers, B.C., is under way. The program is designed to increase reserves of …

Jerome Gold Mines (ASE) has arranged for a private placement through First Toronto Capital Corp., to fulfill its obligations at the Jerome mine joint venture at Swayze, Ont. Under an agreement with pa…

Breakwater Resources (TSE) has completed the purchase of 3.2 million shares or 19.9% of the issued capital of Noramco Mining (TSE) for an aggregate consideration of $20.8 million. Of that amount, $6 m…

As a subscriber to The Northern Miner, and an ardent follower of current events in the mining community, I would like you to know that your paper’s editorial content is appreciated and well-respected….

News that drilling has quadrupled reserves at the Magino gold mine, sent McNellen Resources back to the $4 mark. Although little information has been released about the nature of the deep drill result…