The push is on to raise the $40 million needed to bring the Eastmain gold project in northern Quebec into production, MSV Resources (ME) reports. President Mario Caron says the directors of MSV have a…
Three potential gold-bearing claim blocks have been added to the property inventory of Dolphin Explorations (TSE) in southwestern Newfoundland, the company reports. The Phillips Brook extension, a 46-…
Reserves at the Jerome property north of Sudbury, Ont., have been increased to 600,000 tons averaging 0.2 oz gold per ton. The joint venture partners exploring the old Jerome Gold mine property report…
Flanagan McAdam Resources (TSE) has entered into a private placement agreement with Echo Bay Mines (TSE) whereby Echo Bay will purchase 1.6 million Flanagan shares at a price of $2.50 per share. The $…
After spending $2.4 million last year to explore several newly acquired mineral prospects, Candol Developments (TSE) says its Bullion Pit placer property near Williams, B.C., could be ready for produc…
Although Wharf Res. (TSE) almost doubled its net income in 1988, the company had to make substantial payments to some of its former officers. Wharf, which came under the control of Dickenson Mines (TS…
Agreement has been reached between Giant Yellowknife Mines (TSE) and Falconbridge Gold (TSE) whereby the former has obtained the right to mine, subject to tonnage royalty, known gold reserves on the l…
Fredrick Semkowich, the secretary-treasurer and major shareholder of Can-Mac Explorations (VSE) pleaded guilty to one count of trading in securities during distribution while without a receipt for a p…
Clerical and technical workers at Falconbridge Ltd.’s (TSE) Sudbury, Ont., operations recently voted in favor of a new 3-year contract which a union representative says is among the most generous ever…
As gold and silver prices continue relentlessly downward, the number of juniors active in base metals exploration is on the rise. Concern over dwindling base metal reserves in Canada has shifted a cer…
Assorted mineral projects in three countries are keeping Toronto-based Platinova Resources (TSE) busy. In Greenland, the junior is active in three plays, one involving gold- platinum, a second involvi…
The continued strength of copper prices into 1989 has Gibraltar Mines (TSE) tallying up the highest quarterly earnings in eight years from its mining operations near Williams Lake, B.C. The Placer Dom…
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