The problem with government assistance for commercial ventures is that taxpayers usually end up footing the bill for an enterprise that simply wasn’t good enough for conventional backers. A recent loa…
The most recent progress report from Amax Gold (NYSE) on the Robertson project, near Lander cty., NV., owned by Coral Gold (TSE) appears to be somewhat disappointing, with Coral reporting that 10 of t…
Collins Resources Ltd — 1,000,000 offered @ 40 cents per unit. Slocan Development Corporation Limited — 1,200,000 offered @ 40 cents per unit. Santa Marina Gold Ltd. — 1,000,000 offered @ 40 cents …
Fourteen teams from around British Columbia recently competed in rescue and first aid competitions sponsored by the British Columbia Mines Ministry in Nanaimo, B.C. The competition included three cate…
Aug. 28 Aug. 27 Aug. 24 Aug. 23 Aug. 22 HIGH LOW Composite “300” 3354.20 3358.26 3361.23 3359.28 3431.20 4009.47 3334.13 Metals & Minerals 3031.24 3058.68 2992.80 2959.23 3017.10 3453.06 2850.84 Integ…
Calgary-based Aurora Gold (ASE) has farmed out its 31% interest in a base metal property near Joutel, Que., to Phelps Dodge Corp. of Canada, a unit of North America’s largest copper producer Phelps Do…
The board of directors of small gold producer St Andrew Goldfields (TSE) leaves no doubt as to how its members feel about the long-term outlook for gold: positive. “Massive deficits persist in the U.S…
Toronto-based Goldstake Explorations (TSE) and its joint venture partner Sawatch Gold Placers have begun a major drilling campaign on their South Pass gold project in Wyoming. The 2,962-hectare placer…
Production last year from 80 primary, non-placer Canadian gold mines totalled slightly more than 4.5 million oz., up about 25% from 1988, research firm Metals Economics Group of Halifax reports. About…
St. Louis-based Doe Run’s Buick lead mine in Missouri recently won an award for its 1989 safety record, which showed 147,624 employee hours without lost time to injuries. Called the Sentinels of Safet…
Minority shareholders in Stikine Resources (TSE), including Euro- Nevada Mining (TSE), provided the votes needed to place Corona (TSE) at the helm of Stikine management during a recent annual meeting….
British Columbia’s mining industry recorded an all-time high of nearly $4 billion in gross sales in 1989, but an independent survey by Price Waterhouse also shows that the industry suffered a dramatic…
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