Among Canadian gold producers, Blackdome Mining’s (TSE) dividend policy was probably the most generous. Indeed, last year’s payout of $6.7 million was about 109% of net income which was simply unsusta…
A proposed $40-million deal between Battle Mountain Gold (TSE) and Noramco Mining Corp. (TSE) has collapsed following a review of Noramco’s projects by Battle Mountain. The big U.S. gold miner had agr…
Liberian Iron Ore (TSE) has announced that the Liberian American-Swedish Minerals Co. has repaid the balance of $4.677 million(US) of the bank loan it obtained in 1983 to enable it to finance at that …
A major shareholder of Royex Gold Mining (TSE) with a 21% interest, Galveston Resources (TSE), reports a net loss of $333,000 (1 cents per share) for the three months ending March 31, compared to a n…
Ramcor Resources (ME) has acquired from Rejean Roy a group of five claims located in Dalquier Twp. north of Amos, Que., in return for 100,000 common shares and payment of a 1.5% net smelter royalty. A…
Just three months after Newmont Gold announced a $404-million program designed to develop its gold deposits on the Carlin trend in Nevada, the expansion policy is beginning to pay off. While reserves …
The Vancouver market has turned much more positive with trading volume and prices reflecting activity at several key gold plays, particularly the Skyline/Iskut River area northwest of Stewart, B.C. It…
Net income of $1.9 million (23 cents per share) on revenue of $10.3 million was repomted by TSE-listed Sigma Mines (Quebec) for the first quarter this year, compared with net income of $1.67 million (…
Annual output of 50,000 oz gold and 150,000 oz silver is expected from its wholly-owned Santa Fe mine in Nevada which is to go into production in October, Lacana Mining reports. The company, part of t…
Six out of 15 diamond drill holes completed by Noranda Exploration on its Grew Creek property near Faro, Yukon, show significant gold values. Golden Nevada Resources and Brenda Mines are also involved…
A target of doubling earnings in the next five years has been set by Hemlo Gold Mines (TSE), President John Harvey told shareholders at the company’s first annual meeting since it started trading publ…
By taking on a local partner, Imperial Metals Corp., (TSE) has put its Parys Mountain project on a fast track to production. Located on the Isle of Anglesey in northern Wales, the polymetallic mineral…
By continuing to browse you agree to our use of cookies. To learn more, click more information
Dear user, please be aware that we use cookies to help users navigate our website content and to help us understand how we can improve the user experience. If you have ideas for how we can improve our services, we’d love to hear from you. Click here to email us. By continuing to browse you agree to our use of cookies. Please see our Privacy & Cookie Usage Policy to learn more.