A statement of reserves and capital costs for Cal Graphite’s recently acquired gold property near Magdelana de Kino in the Sonora province of Mexico could not be substantiated by formal engineering re…
One of North America’s most influential financial publications has taken Borealis Exploration to task for spending flow-through dollars on its Arctic iron ore and gold projects without yet making any …
N.Y. Commodity Exchange Week’s High Low Close Change COPPER (in US cents per lb.) Feb 93.70 93.70 93.60 — 14.90 Mar 94.60 …
Toronto-based Noranda Exploration has elected to increase its participation in a Montana polymetallic property by exercising its right to acquire shares of Vancouver- listed Crown Butte Resources. Und…
The price of gold has been rather sluggish of late, breaking that so-called $440(US) barrier on the downside again this week. Naturally, this is causing some concern in investment circles, certainly t…
In a bid to increase its share of gold reserves at the Stock Twp. property near Timmins, Ont., St. Andrew Goldfields is buying an additional block of claims to the north and east of the property from …
A $70 million construction program will be undertaken by Highland Valley Copper in British Columbia to relocate two mills to a site adjacent to the Lornex Mining milling complex. The program is expect…
A bid by St. Genevieve Resources of Montreal to buy up the outstanding balance of shares of Louvem Mines it does not already own has been announced. St. Genevieve holds an approximate 56% interest in …
Hourly employees at Lac Minerals’ Bousquet mine near Malartic, Que., have voted 80% in favour of accepting a new three-year collective agreement, the company said recently. The 262 employees represent…
An agreement has been worked out between Rambo Exploration of Rouyn-Noranda, Que., and To ronto-based Royex Gold Mining whereby the latter may acquire a 50% interest in Rambo’s 35-claim gold prospect …
AGIP Canada, the wholly-owned affiliate of AGIP SpA of Italy, one of the world’s leading oil and gas companies, is taking on a more aggressive role in the Candian mining industry. Although the company…
Earnings of $3.5 million (11 cents per share) were recorded by Belmoral Mines of Toronto during 1987, compared with net income of $1.4 million (5 cents per share) for the year before. Revenues for th…
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