News

Possible reserves of 1.5 million tonnes chromite grading 4.5% CR(2)O(3) have been announced by Coleraine Exploration (ME) for its Coleraine property near Thetford Mines, Que. A $750,000 exploration pr…

With a first quarter cash position of $9.5 million, Euro-Nevada Mining (TSE) considers itself financially equipped to pursue its royalty acquisition strategy. The Toronto-based affiliate of Franco-Nev…

N.Y. Commodity Exchange Week’s High Low Close Change COPPER (in US cents per lb.) Sep 102.80 101.10 102.20 + 0.60 Dec 99.80 97.25 99.20 0.30 Mar 94.30 92.90 …

Pacvest (VSE) is participating in a private placement made by International Interlake Industries (VSE). Pacvest will purchase 150,000 units of International Interlake at $1.25 per unit. Each unit cons…

Noranda Inc.’s (TSE) Isle Dieu zinc-copper discovery in 1985 was a timely find. The 25-year-old Mattagami Lake mine, just across the road from Isle Dieu, will yield its last ton of ore late this year …

Mines are where you find them, and in the case of uranium, the best mines in the world are in Saskatchewan. The rest of the world just can’t compete. Sitting on the best of them is a new company owne…

I have read with interest the complaint by James D. William, in your July 25, 1988 edition about how minority shareholders have been treated by Western Mining Corp. after this company had acquired ove…

Start-up problems at the Ketza River gold project near Ross River, Yukon have put Pacific Trans Ocean Resources (TSE) in a financial bind. As holder of a 50% interest in the joint venture, Pacific Tra…

The battle of Strathcona Park on Vancouver Island appears to be over, at least for now. A report, accepted by the British Columbia cabinet, recommends that there be no new mineral exploraton in the pr…

On target to begin production at the Kierens zone gold deposit near Val d’Or, Que., later this month, Aur Resources (TSE) of Toronto has reported a drop in its 9-month earnings. Earnings before deferr…

A commitment by the Canadian mining industry to help fund a program of environmental research into the long-term management of waste rock and tailings has been announced by the Mining Association of C…

Placer Dome Inc. (TSE) has become a wealthier and slightly larger gold producer following the closing of a $5.5 billion acquisition of Placer Dome Petroleum by Amoco Canada Co. When the largest merger…