A sizable cost overrun at the Kemess gold-copper project in north-central British Columbia has pulled Royal Oak Mines (RYO-T) into troubled financial waters.The company recently announced that its cap…
.BGUEST COLUMN/Bruce LeonardThe recent market decline has significantly impacted resource companies.Downsizings, closures, layoffs and reduced levels of operations have all made their mark. However, w…
John Tait appointed chairman. John Hedges, Henry Sandri and Paul Ankcorn appointed directors.
At the recent Prospectors & Developers Association of Canada convention in Toronto, I had the opportunity to hear the Honourable Chris Hodgson, minister of Northern Development and Mines for the provi…
1998Mar.17Mar.16Mar.13Mar.12Mar.11HighLowComposit…
Geomaque Explorations (GEO-T) held its position as a profitable junior gold producer in 1997, posting earnings of $1.6 million (or 4cents per share).This figure includes a one-time charge of US$698,00…
Results from a reconnaissance field program suggest that the Julcan I property in north-central Peru has potential for hosting an economic gold depost, Menora Resources (MEN-M) reports.Situated 112 km…
ExchgVol(000’s)Close.ZSInco LtdT474227.20TVX Gold IncT…
Northern Orion Explorations (NNO-T) poured its first bar of gold at the newly constructed leach facility at the Mantua mine, 240 km west of Havana, Cuba. The event marks the Vancouver-based junior’s f…
Diamond production from the Aredor concession in Guinea provided Vancouver-based Trivalence Mining (TMI-V) with a healthy profit in the fourth quarter of 1997.Revenue from Aredor totalled $7.5 million…
Echo Bay Mines (ECO-X) will defer cash payments on US$100 million in capital securities.The second semiannual payment on the securities, which were issued in March of last year, is due in October and …
The U.S. Department of Justice is investigating the alleged submission of certain fraudulent mining claims in west-central Montana involving American Gem (GEM-T), its former chairman, Gregory Dahl, an…
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