Stan West search
Stan West Mining (TSE) is seeking an equity partner for its gold mine in Arizona. The participation by another partner may include the sale of all or a portion of Stan West’s assets, Frank Crerie, cha…
News
United Mining planning production on Bolivian gold-silver bet
Results from an ongoing drilling program on the Laurani gold-silver property 130 km south of La Paz, Bolivia has United Mining Corp. (OTC) and its 50/50 joint venture partner considering an undergroun…
Audrey recipient of govt. grant
The federal government and the government of Quebec have teamed up to provide a grant of $1.97 million to Audrey Resources (TSE), which is building a mill at its Mobrun project north of Rouyn- Noranda…
First gold for Cheni
The first gold has been poured from the Lawyers gold-silver mine owned by Cheni Gold Mines (TSE). Located in British Columbia, the Lawyers mine is expected to produce 40,000 oz of gold and one million…
Slow growth forecast for iron ore, steel
It hasn’t been the easiest of times for the iron ore and steel industries, despite steel being what Roskill Information Services of London calls the basic raw material of industrial society. The miner…
Bema Gold plans full scale production at Champagne mine
Assuming receipt of all necessary permits, the Champagne heap leach mine near Arco, Idaho, is officially scheduled to begin life as a year-round gold and silver producer in June, 1989. Bema Gold Corp….
Battle Mountain options NWT gold property –
A third company has been signed up by joint venture partners Gunnar Gold (TSE) and Mill City Gold (ASE) to explore their 100%-owned Courageous Lake gold property, 150 miles northeast of Yellowknife, N…
Editorial Investing in mining’s future
Canada faces a crisis in its ability to maintain a robust metal mining industry, and the cause of the crisis may be more deeply rooted than many are aware. Canadian Mining Association President Norm…
Hudson Bay Mining & Smelting
For 9 months ended Sept 30, 1988. In millions of dollars, except per-share figures. 1987 Assets $121.7 $129.6 Long-term debt $10.0 — Revenue $279.1 $234.3 Earnings (loss) $13.6 $35.6 …
METALL MINING
For 9-month period ended Sept 30, 1988. In millions of dollars, except per-share figures. 1988 1987 (6 months ended Sept 30) Assets $483.0 $450.0 Long-term debt $18.8 $18.8 Revenue N.A…
LAC MINERALS
For 9-month period ended Sept 30, 1988. In millions of dollars, except per-share figures. 1988 1987 (as of (as of Dec 31/88) Dec 31/87) Assets $795 $750.1 Long-term debt $0.778 $66.0 R…
Nevada Goldfields Aurora mill could be utilized by Freeport
An underground drilling program is under way at the southeastern end of Nevada Goldfields’ (NASDAQ) Kingston mine property near Austin, Nev., and initial results from the work are encouraging, says Al…