While gold production within the Northgate Exploration (TSE) group was up during the first six months of this year, the Toronto-based firm was forced to break out the red ink. Northgate reported a net…
An agreement providing Great Lakes Minerals (TSE) with a 100% interest in five copper deposits (543-S, G-2, G-12, G-13 and St. Louis) in northern Michigan has been concluded, the company reported. In …
While the recent crisis in the Soviet Union sent shock waves around the world and briefly threatened to end the new spirit of perestroika, the episode had almost no effect on metal prices. As news rea…
For some time now provincial governments and Ottawa have encouraged mining companies to adopt pro-native, pro-northern resident hiring practices. Companies, anxious to win support from local residents…
Ojibway Resources Ltd. (OJB:ME) has changed its name to Consolidated Ojibway Resources Ltd. (COJ:ME) with a consolidation of capital on a 1-new-for-4-old share basis. The transfer agent is Central Gua…
A drill rig is being moved to test the recent discovery of a new zone of base and precious mineralization on the Treaty Creek property in northwestern British Columbia. The prospecting discovery was m…
Week’s Price (US) Change Gold* $355.30 – $ 0.90 Silver* $ 3.95 + $ 0.02 Platinum*$339.90 – $ 5.60 Nickel**$ 3.56 – $ 0.16 Lead** $ 0.24 $ 0.00 Copper $ 1.03 + $ 0.03 Zinc $ 0.46 – $ 0.01 Courtesy of S…
Teddy Bear Valley Mines (CDN) has reached a settlement with a former director and his company, Card Lake Resources (CDN), over five patented claims in Holloway Twp., Ont. Under the settlement, Teddy B…
Consolidated Brinco (TSE) recorded a net loss of $958,000 during the first half of 1991 compared with a loss of $671,000 for the same 6-month period last year. A second-quarter loss of $422,000 was re…
Bringing the former Madsen gold mine near Red Lake, Ont., back into production after a 15-year absence could be a long and costly process, says James Morlock, president of Toronto-based Madsen Gold (T…
Layoffs were announced this summer at several British Columbia mining operations, the most recent affecting 98 employees at the Myra Falls underground copper-zinc mine complex operated by Westmin Reso…
Armenex Resources Canada Ltd – 800 units consisting of 1,750 shs and 1,250 flow through shs offered @ $600,000 per unit. Bradsue Resources Ltd – 600,000 units consisting of 1 sh and 2 wts offered @ 40…
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