Lower silver and gold prices brought about a 1989 first-half loss for Callahan Mining Corp. (NYSE). The Arizona-based company produces silver from the Galena and Coeur mines in Idaho, and gold from th…
Rouyn-Noranda-based junior Bonanza Metals has just completed a $768,000 financing and is set to launch a 30,000-ft drilling program next week on the former producing Poirier zinc-copper mine, near Jou…
A 5,000-ft drilling program is being started by McNellen Resources (VSE) on the company’s Mount Foley copper-silver-gold property 15 miles east of Chilliwack, B.C. McNellen plans to test a 250-ft wide…
By bringing on stream a second and much larger heap leach facility at the Robertson gold mine in Nevada, Coral Gold Corp. (TSE) is aiming to reach an annualized production rate of 40,000 oz by the end…
Underground drilling and sampling by Newhawk Gold Mines (TSE) has intersected high grade gold and silver values over appreciable widths in a newly- discovered zone on the Sulphurets project in northwe…
Klondike placer gold miner Gold City Resources (ASE) is back in business again at its Indian River project in the Yukon’s Dawson Mining District. Gold City is one of at least six public and more than …
Rising prices of non-fuel primary commodities that began in 1987 continued in 1988 and through early 1989, the International Monetary Fund (IMF) reports in its 1989 edition of Primary Commodities: Mar…
A junior mining company exploring property at Virginiatown, Ont., is expressing an interest in acquiring the adjacent Kerr Addison property and mill. Armistice Resources (ME) says it is discussing a l…
Cassiar Mining Corp. (TSE) reported net earnings of $17.87 million or 98 cents per share for the 6-month period ended June 30, compared with earnings of $5.32 million or 31 cents per share for the c…
Teeshin Resources (VSE) announces that the Dome Mountain joint venture with Canadian-United Minerals (VSE) has held its first management committee meeting. The management committee has accepted the Do…
From 1983 to 1988, flow-through funded exploration programs in Canada led to the discovery of more than 200 mineral deposits resulting in the creation of 115 advanced stage exploration projects, accor…
Legal proceedings have been launched by Calgary exploration company Borealis Exploration (ASE) against NIM Management Ltd., and a number of its partnerships and mutual funds. In the law suit, Borealis…
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