Although its average production costs rose significantly in 1989, Amax Gold (TSE) can still extract an ounce of gold from the ground for less than most of its North American competitors. The Colorado-…
A slight increase in gold production at the White underground mine near Red Lake, Ont., helped keep earnings steady for Dickenson Mines (TSE) in 1989. The company recently reported net earnings for th…
An agreement was signed last November by a large Soviet gold mining association and an Alaska company to combine mining technology developed on both sides of the Bering Straits. Severovostokzoloto of …
Northgate Exploration (TSE) affiliate ABM Gold (AMEX) appears to be winning a battle with the elements as it puts the finishing touches to its ambitious Colomac gold project, 137 miles north of here. …
A recent drill program in Garrison Twp., Ont., by Great Northern Gold (ASE) and Winteroad Resources (COATS) was successful in cutting at least one high-grade gold value. The companies report that hole…
A $10.8-million writeoff of exploration expenditures from the huge Tundra gold project in the Northwest Territories was reflected in the 1989 annual earnings of Hemlo Gold Mines (TSE). The company rec…
BRANER RESOURCES — Mark Wallbom appointed to the board of directors.
An exploration shaft on Jonpol Explorations (TSE) and T&H Resources’ (TSE) joint venture property in Garrison Twp., Ont., will be deepened to 680 ft. from 500 ft., the companies say. Jonpol has arrang…
Due to construction cost overruns and delays at the Tonkin Springs project near Eureka, Nev., owner U.S. Gold (NASDAQ) is experiencing significant liquidity problems. The Tonkin Springs project began …
News of a gold find in Douay Twp. in the Casa Berardi area of northern Quebec has created a stir in the mining industry and indirectly sparked a legal dispute. Inco (TSE), Societe d’Exploration Minier…
Scramble Mining, a wholly owned subsidiary of Boise Cascade, has terminated its joint venture agreement with Madeleine Mines (TSE) on the Scramble gold project, six miles from Kenora, Ont. The company…
The new Premier Gold mine near Stewart, B.C., is producing more problems than gold for operator Westmin Resources (TSE) and joint venture partners, Pioneer Metals (TSE) and Canacord Resources (TSE). A…
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