Annual financial results reported recently by Audrey Resources (TSE) reflect the recent expansion of its Mobrun polymetallic mine near Rouyn-Noranda, Que. Reopened after a 1-year shutdown from mid-198…
Through the exercise of warrants, Cominco Resources International (TSE) is expecting to receive proceeds of about $29 million to fund ongoing work on its major projects. These will include the Quebrad…
SHERRITT GORDON — Brian Shea appointed manager, metals marketing.
By spending US$500,000, Placer Dome (TSE) will earn a 70% interest in a 4,117-acre property jointly owned by Quote Resources (VSE) and Pelangio- Larder Mines (COATS), in Enterprise Twp., Wis. The thre…
In its bid to develop low-cost and efficient mining processes for the future, Rio Algom (TSE) has three projects under way that make use of innovative techniques such as solution mining and in situ le…
Having received favorable indications from overburden testing on its Shamrock gold property in Newfoundland, Eastern Goldfields (COATS) plans to engage in a program of drilling and trenching this summ…
Shares of Toronto-based Golden Crescent Resources posted a surprising gain of 80 cents for the week ended April 10 to close at $1.75 on volume of 164,900 shares. The company has reported some mixed dr…
Despite substantial increases in throughput and gold recoveries, Skyline Gold (TSE) has yet to achieve commercial production at its wholly owned Johnny Mountain gold mine in the Iskut River district o…
I thoroughly enjoyed the 75th Anniversary issue of The Northern Miner. Concerning “The dirty ’30s” article by Frank Kaplan and the reference to Jerry Byrne and the Discovery mine, I’d like to mention …
The focus for the coming year for BMR Gold (ASE) will be to bring the America Mine gold project to the point of a production decision. BMR has the right to acquire a 75% interest in the America Mine p…
To bolster depleting North American reserves, Battle Mountain Gold (NYSE) is making a commitment to developing reserves in South America and the Austral Pacific region. The 1989 annual report stresses…
Through a public offering on the Indonesian stock exchange, Inco (TSE) will sell 20% of its interest in PT International Nickel Indonesia (PT Inco). The sale will net proceeds of US$250 million, resul…
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