The proposed amalgamation of junior company Wrightbar Mines (ME) with Belmoral Mines (TSE) appears to have entered troubled waters. Wrightbar reports three of the company’s five directors have indicat…
The “for sale” sign posted on the Kerr copper- gold project near Stewart, B.C., has piqued the interest of at least 26 major mining companies. Earlier this summer Western Canadian Mining Corp. (VSE) r…
The world’s major tin producer- nation last year was Brazil, the U.S. Bureau of Mines in Washington, D.C., reports. In second place was Indonesia, with Malaysia, usually leading the pack, falling to t…
Uncertainty regarding the future of Peabody Holding Co., has forced Newmont Mining Corp. (NYSE) to cancel its plan to extract $425 million(US) from the coal company. Denver-based Newmont, which holds …
Recent market activity on the Vancouver Stock Exchange has been dominated by companies in Murray Pezim’s Prime Capital fold, particularly those active in northwestern British Columbia where the summer…
The current weak market for precious metals isn’t preventing Stroud Resources (TSE) from continuing to build reserves on two of its key gold properties in northern Ontario. At the recent annual meetin…
Jas Edward (Jerry) Jerome died recently in Temiskaming, Ont., at age 85. Jerome graduated in 1926 from Queen’s University with a degree in mining and metallurgy. After beginning his mining career in B…
Having approved two convertible debenture issues and resolved an ownership question over two large blocks of its own stock, Pan East Resources has $700,000 in the kitty for future acquisitions. The is…
The latest financial results for Denver-based Cyprus Minerals (NYSE) show earnings of $61 million(US) or $1.48 per share on revenues of $453.5 million for the second quarter of 1989. These results sho…
The first results from this season’s drill program on the Grevet M zinc deposit have been released by VSM Exploration (ME). Hole 65 intersected 9.8 ft grading 9.45% zinc, 0.74% copper and 1.1 oz silve…
John Hansuld, the man whose name became almost synonymous with Canamax Resources (TSE), has been named president and chief executive officer of Spirit Lake Explorations (ME). Hansuld resigned as Presi…
Underground drilling has successfully intersected the R-8 zone of the Sulphurets gold-silver property in northern British Columbia on three sections, Newhawk Gold Mines (TSE) reports. The R-8 zone, un…
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