Lower gold prices and a strong dollar have made their mark on Breakwater Resources’ (TSE) half-year income. In the first six months of 1990, Breakwater earned $4.3 million (7 cents per share) compared…
A “best efforts agreement” has been entered into by Acquisitor Mines (VSE) with Montreal brokerage firm Brault, Guy, O’Brien for an offering to Quebec investors only. The offering, subject to regulato…
A 3,000-ft. underground drilling program is under way at the Langmuir No. 1 property of Timmins Nickel (TSE) in the Timmins, Ont., area. The drilling is designed, the company says, to follow up previo…
More than 11.7 million oz. silver went into the minting of silver legal tender bullion coins in 1989, up by 49% from the previous year, The Silver Institute of Washington, D.C., reports. The U.S. Amer…
Several decades ago, the district surrounding this peaceful community was crawling with prospectors and geologists aspiring to find a “company-builder” copper deposit similar to ones found at the near…
Pursuant to its Aug. 2 agreement with Gerle Gold (VSE), Placer Dome (TSE) has acquired 750,000 shares of the company at a price of 53 1/3 cents per share. Of the placement, 562,500 shares are designat…
Edmonton-based Gallery Resources (ASE) has begun production at its Hannandor placer gold mining operation in British Columbia. The first gold shipment of 120 oz. has been sent to the Englehardt refine…
Marginal assay results have been reported by Akiko-Lori Gold (VSE) from recent drilling on the company’s Catharine gold project near Kirkland Lake, Ont. The project is a 50/50 joint venture between Ak…
Edwin Phillips appointed chairman of the board succeeding Malcolm Taschereau who resigned.
Gene Elam appointed vice- president and chief financial officer.
By increasing its stake in Conroy Petroleum and Natural Resources to 27.6%, Corona (TSE) is gaining a position in what could be a major lead-zinc producer. Conroy is developing a large, shallow, lead-…
A drilling program is under way at a polymetallic project near Kiniskan Lake in the Iskut-Stikine area of British Columbia, Ascot Resources (VSE) and Beauchamps Exploration (VSE) report. Ascot, which …
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