The Page-Williams mine in the Hemlo area of Northern Ontario turned out 378,943 oz gold in 1988, the largest single gold-mining operation in Canada that year. Information about the mine is contained i…
New Golden Sceptre Minerals (TSE) and New Goliath Minerals (TSE) recently completed a diamond drilling program on the Matarachi gold property in northern Mexico. The two companies report a total of 91…
Although capital costs have almost doubled to $70 million since the initial feasibility study, North American Metals (VSE) and Chevron Minerals will proceed with the development of their Golden Bear p…
After Teck Corp. (TSE) paved the way by terminating its 60% back-in right, Breakwater Resources (TSE) reached a deal to earn up to a 70% interest in the Estrades property in the Casa Berardi region of…
Exploration results at the Rossland gold project in southern British Columbia have yet to live up to the predictions of Bryndon Ventures’ President Bernard Brynelsen. The 77-year-old discoverer of Bre…
Although it is still listed as a Canadian mining company, Toronto-based Northgate Exploration (TSE) looked more like an investment banking firm in 1988. By investing more than $134.6 million in 12 Nor…
Falconbridge Ltd. (TSE) is making an offer to acquire the remaining 26% interest of New Quebec Raglan Mines (TSE) that it doesn’t already own. The bid includes a $5.36 per share cash offer, or one Fal…
The minerals division of resource giant Noranda Inc. (TSE) exceeded all expectations last year, making minerals a close second to Noranda’s forest products division in terms of earnings, says the comp…
The successful start-up of the Green Springs gold mine in Nevada has generated improved financial results for USMX Inc. (NASDAQ) in 1988. The Colorado-based company reported a net loss of $55,000(US) …
While the Vancouver market remained in the doldrums over the past week, brokers and investors here are taking note of a recent upswing in trading activity in New York and Toronto. A lukewarm economy a…
Toronto-based Diepdaume Mines Ltd. (VSE) proposes to issue 500,000 units representing one million flow-through shares (one unit two shares) at 60 cents per unit, provided it gets approval from all app…
The London Metal Exchange (LME) will begin trading in a new tin contract June 1. LME Chief Executive Michael Brown said a decision to resume tin trading after more than three years was made by the exc…
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