A $404-million(US) development program at Newmont Gold’s Carlin, Nev. operations is paying off for the 90%-owned subsidiary of Denver-based Newmont Mining. The development program, now almost complete…
Resolution of the lengthy court battle between Corona Corp. and LAC Minerals vied for investor attention this week with the ongoing Louvicourt Twp. copper-zinc exploration project of Aur Resources and…
Recent exploration drilling by Westmin Resources (TSE) intersected significant thicknesses of massive sulphide mineralization in a new zone at the company’s Myra Falls mine property near Campbell Rive…
Liberian Iron Ore Ltd. (TSE) has announced that mining has stopped at its 37.5%-owned LAMCO joint venture mine in Yekepa, Liberia. Ore processing and shipping will continue until late 1989 from the or…
Toronto-based Asquith Resources (COATS) plans to carry out a $250,000 exploration program on its 72-claim gold property in the Shining Tree area of northern Ontario. Drilling is scheduled on the forme…
Toronto-based Westfield Minerals (TSE) and Northern Dynasty Exploration (TSE) have signed an agreement allowing Westfield to earn a 50% stake in an 86-claim gold property 20 miles north of Savant Lake…
The shares of McNickel Inc. slipped lower by 10 cents this week, closing at $2.90 on a heavy volume of nearly 400,000 shares. President John McAdam reports drilling on the company’s Lac St. Jean, Que….
Falconbridge Ltd. (TSE) and Beaufield Resources (TSE) have started another drill program on their East Rouleau gold project near Lac Berry, Que. The drill program will test targets identified by groun…
When work on a test milling facility at McAdam Resources’ (TSE) Spud Valley gold project is completed later this month, the company says it will conduct the first test run on a surface stockpile. Rese…
Teck Resources Inc., a wholly- owned subsidiary of Teck Corp. (TSE), has leased a 5,000-acre mining claim owned by Centurion Mines Corp. (NASDAQ) of Salt Lake City, Utah. The property is in the West T…
TSE-listed Euro-Nevada Mining posted a net profit of $121,000 or 1 cents per share in its first quarter ended June 30. In the same period last year the company lost $605,000 or 7 cents per share. Rev…
Quartz Mountain Gold Corp. (TSE) may soon have a new joint venture partner for its Quartz Mountain gold project in Lake Cty., Oregon. The Vancouver-based company recently granted Pegasus Gold Corp. (T…
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