The first phase of diamond drilling has been completed on the Joburke gold property held by Tarzan Gold (ASE) under option from Noranda Inc. (TSE). Located near Timmins, Ont., the Joburke was a former…
It’s been a year of considerable achievement for Jim O’Rourke and Cassiar Mining (TSE) whose diversification out of asbestos into copper couldn’t have been timed better. The company finalized the purc…
Investors hunting for bargains among the lesser known gold mining companies might find Bond International Gold (TSE) an intriguing situation. This company is part of Australian businessman Alan Bond’s…
Pacific Trans-Ocean Resources (ASE) President Frank Agar and a number of the company’s leading executives face an uncertain future following a recent bid by Belmoral Mines (TSE) of Toronto for the tro…
Mining operations at the Murdochville copper mine will resume in the first quarter of 1989, Noranda Inc. (TSE) says. The mine, located at Murdochville, Que., was shutdown in April, 1987 after a fire d…
Hemlo Gold Mines (TSE) is a firm believer in the Mishibishu gold camp west of Wawa, Ont. The big gold miner is taking down a 750,000- share private placement in Central Crude Ltd. (VSE) at a price of …
USMX Inc. (NASDAQ) of Lakewood, Colo., reports a net loss for the 3-month period ended Sept 30 of $252,000(US) or 2 per share on revenue of $1.81 million. For the same period a year earlier the compa…
For those environmentalists who think mining is nothing more than a blight on the land doing untold damage, consider these numbers provided by the government of Ontario, the country’s most active mine…
In a week when investors were still enjoying the Christmas vacation, volumes were seasonally light and only a handful of issues made any real progress. As losses far outweighed the number of gains dur…
Noranda Inc. (TSE) said it has filed with the Toronto Stock Exchange and the Montreal Exchange a notice of intention to make normal course purchases of up to 3,122,490 subordinate voting shares (10%) …
London Metal Exchange Spot closing prices in Pound Sterling per tonne, except zinc and nickel ($US per tonne) Date Dec 27 Dec 26 Dec 23 Dec 22 Dec 21 Copper N/A N/A 1…
Calgary-based Octan Resources (ASE) has completed the acquisition of Terra Mines’ (TSE) Camsell River assets in the Northwest Territories which were shut down due to low silver prices in 1985. They in…
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