The three major shareholders of Cominco (TSE) recently increased their ownership of the major base metal producer. MIM (Canada) Inc., a subsidiary of MIM Holdings, reported buying, for itself and the …
Revised reserve estimates for the Ski project north of Stewart, B.C., represent an approximate 70% increase in preliminary reserves and contained gold-equivalent ounces over those announced in Septemb…
El-Equip Inc. of Elliot Lake, Ont., recently obtained a technology supply contract with Codelco, Chile’s state-owned mining conglomerate. The contract, worth $400,000, is for the supply and installati…
A wholly owned subsidiary of Seabright Explorations (TSE) has merged with Corner Bay Resources, a private Toronto-based company with properties in the Chibougamau area of northern Quebec. At the end o…
After a disappointing performance in 1990, when the company was forced to close both its Kremzar and Ketza River gold mines, Canamax Resources (TSE) is pinning its hopes on the Golden Highway project …
Conforming with a trend to test old copper porphyry deposits for gold content, Cactus West Exploration (VSE) is planning a program for its Bank of Idaho property in southwestern Idaho. Cactus West acq…
The Ministry of Northern Development and Mines (MNDM) will celebrate its 100th anniversary on May 4. Established in response to significant copper-nickel discoveries in the Copper Cliff area during th…
Gateford Resources (ASE) has made a takeover bid for all the outstanding shares of Landmark Corp. Under terms of its offer, Gateford will issue 11 treasury shares for each 13 shares of Landmark. Gatef…
The mining consulting firm of Derry, Michener, Booth & Wahl may have dissolved its partnership practice toward the end of 1990, but its Mining House division of Toronto carries on. Charles Pitcher, a …
Weak metal prices combined with a strong Canadian dollar forced Audrey Resources (TSE) to break out the red in 1990. The Montreal-based polymetallic producer reported a loss of $2.9 million or 19 cent…
Lower than anticipated production, high costs at the Copper Range mine in northern Michigan and a drop in base metal prices all combined to slash Metall Mining’s (TSE) annual income by over 90%. The C…
A private company that claims to represent institutional shareholders of Toronto-based Goldcorp Investments (TSE) and subsidiaries Dickenson Mines (TSE) and Wharf Resource (TSE) says it wants to find …
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