1990

Toronto-based Vedron (TSE) says it has revised the terms of a previously announced debenture offering, designed to finance exploration at the Fuller gold project and pay back debt owed to Belmoral Min…

A net loss of $18.8 million (63 cents per share) for 1989, compared with a net income of $2.9 million (10 cents per share) in 1988, has been reported by Hope Brook Gold (TSE). Revenues totalled $38.1 …

The reason why men began exploring the Arctic is probably the same as why a mountaineer climbs an unclimbed mountain — because it’s there. The first known attempt to reach the Arctic was that of the …

Toronto-based Euro-Nevada Mining (TSE) reported a net profit of $665,000 or 6 cents per share for the nine months ended Dec 31, compared with $583,000 or 6 cents per share during the same period last …

Net earnings of $17.7 million (73 cents per share) were reported by Cambior (TSE) for 1989 on revenue of $116.9 million, compared with $17.4 million (74 cents per share) on revenue of $109.9 million t…

The first results of an underground exploration program on Exploration Orex’ (ME) Goldboro property in Guysborough Cty., N.S., have been announced. The drilling program defines a mineralized block of …

Promoters are a necessary part of this business of mining. There are good ones and bad — and all shades between. One of the best had to be Joe Errington, founder and developer of Little Long Lac Gold…

A diamond drilling program is under way on Vital Pacific Resources’ (VSE) Haida property, 100 km north of Kamloops, B.C. The company will drill 10 to 12 holes totalling 1,800 metres, at an estimated c…

Organizers of the New York gold conference could be forgiven for wishing they had picked a better week to hold the event. As representatives of the major North American producers gathered in the Big A…

With the recent acquisition of three key properties in the Steeple Rock mining district in New Mexico, Novagold Resources Nevada continues to expand its interests in the Western United States. Novagol…

High-grade intersections that fuelled the rapid rise in the price of Aur Resources (TSE) and Societe Miniere Louvem (TSE) shares in mid-1989 failed to materialize among the latest batch of Louvicourt …

Reducing the cost of maintaining underground mining equipment could save the mining industry billions of dollars a year, says Dr. W.R (Bob) Dengler, who heads a prominent mine contracting company. Den…