Coral in production at Nevada gold mine
Vancouver-based Coral Gold Corp. (VSE) has attained gold producer status at its Robertson property in Nevada. The company poured the first 265-oz gold bar recently and with its 1.4 million ton Gold Pa…
News
Toronto Stock Exchange Nov 23 Debt and rate concerns in forefront
The markets swiftly discounted the Progressive Conservative majority victory in the Canadian election with a 66-pt gain in two sessions during our review week and before the election. The gains failed…
Sundust acquiring Peruvian interest
Agreement-in-principle has been signed between Sundust Resources (ME) and Aurifera El Sol of Peru which will allow Sundust to acquire a 30% interest in the latter for $1.5 million(US). Aurifera, forme…
Olympic Dam mine opened `Down Under’
Australia’s largest mining project, the Olympic Dam copper- uranium-gold mine at Roxby Downs, was recently officially opened. Bringing the mine, located in south Australia, into production are Western…
NO HEADLINE (November 28, 1988)
TEXT: A joint training agreement was recently signed between Saskatchewan Institute of Applied Science and Technology (SIAST) and Hudson Bay Mining Smelting to train 16 northern Saskatchewan resident…
Amax Inc. announces third quarter earnings
Amax Inc. today reported third quarter net earnings of $132.5 million(U.S.), equivalent to $1.61 per primary common share. Third quarter 1987 net earnings of $176.2 million, equivalent to $1.81 per pr…
Ronrico raises more funds for Simkar bet
Toronto-based Ronrico Explorations (VSE) has announced another funding agreement to finance exploration on the Simkar gold property east of Val d’Or, Que. The funding agreement was made with the Minta…
TSE blocks Corona/Golden North property transaction
The Toronto Stock Exchange blocked an interim agreement between Golden North Resource Corp. (TSE) and Corona Corp. (TSE) which would have seen Golden North acquire, along with certain other assets, Co…
Northern Platinum finds more reserves
Additional near-surface reserves have been outlined by Northern Platinum (VSE) on the company’s Kanichee copper-nickel property near Temagami, Ont. Drilling has outlined 249,250 tons grading 0.84% cop…
Alberta Stock Exchange Volumes much higher
A strengthening in the price of gold was accompanied this week by renewed interest in a number of Alberta issues. American Ore Ltd. was the volume leader with 493,300 shares following the release of d…
Companies consolidate interests in B.C. copper-gold project
The companies involved in the Kerr copper- gold property, Western Canadian Mining Corp. (VSE) and Sulphurets Gold Corp. (VSE), recently agreed in principle to consolidate their respective interests in…
Claude, Newmont pleased with Ithingo drill results
Preliminary drill results from the Ithingo Lake gold project in northern Saskatchewan have been received by partners Newmont Mines, a wholly-owned subsidiary of Newmont Mining, and Claude Resources (T…