The third-quarter income of BP Canada (TSE) got a boost from higher oil prices and the sale of its 30% stake in the Mt. Milligan copper-gold joint venture in British Columbia. BP’s net income for the …
Marshall Minerals (ASE) in Niagara Falls, Ont., has hung the “for sale” sign on its Restigouche lead-zinc-copper deposit in New Brunswick. Having already approached a number of potential buyers includ…
Officials at Northgate Exploration (TSE) and MinVen Gold (TSE) breathed a sign of relief when anti-mining initiatives in California and South Dakota were defeated recently. In Nov. 6 state elections, …
Recent drilling by Total Energold (TSE) on Northway Explorations’ (TSE) Noyon Twp. gold claims in northwestern Quebec has expanded the potential of the property’s RJ zone. Hole 102, which probed a wes…
Merrill Lynch Canada will act as financial adviser and agent in connection with Corona’s (TSE) planned sale of its oil and gas holdings in Poco Petroleums and Avalon Corp. Last month, Corona announced…
A group of businessmen gathered in a downtown Toronto hotel room recently to discuss the future prospects for junior exploration company International Baslen Enterprises (ASE). The informal meeting wa…
The remaining holes from a 38-hole drilling program on the Illinois Creek project in the western interior of Alaska have returned wide intersections of gold-silver mineralization. The drilling program…
Drilling success on the New World property this year has Crown Butte Resources (TSE) predicting a substantial increase in reserves from those reported at the end of the 1989 program. Recent drilling a…
Final court approval has been granted for a merger between Minera Rayrock (TSE) and Westlake Industries (VSE) which holds a 40% stake in Minera’s Bellavista gold project in Costa Rica. Under the merge…
Drilling is under way on the Bend copper-gold deposit in northern Wisconsin, according to operator NDU Resources (VSE). The deposit, which hosts preliminary reserves of 1.9 million tons grading 2.8% c…
The manager of Placer Dome’s (TSE) Dome mine in Timmins says the company hopes to reduce its average production costs by as much as US$43 per oz. Robert Perry made the comment at the conclusion of a 6…
A new high-grade zone of zinc- copper-gold mineralization has been discovered by Hudson Bay Mining and Smelting (TSE) below the current workings of its Trout Lake mine in Manitoba. The mine is a joint…
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