With a conditional listing on the Toronto Stock Exchange and $1 million in working capital, International Thunderwood Explorations (VSE) is preparing to forge ahead with work on a number of key proper…
Late in March, a series of four blind holes to a depth of 2,000 ft were drilled at Inco’s Crean Hill mine by Underwater Gas Developers. In a departure from normal practice, Underwater Gas used oil fie…
The big Gaspe copper mine of Noranda Inc. at Murdochville, Que., which was closed following a disastrous fire April 1, 1987, in which 56 underground miners miraculously escaped, is to be reopened. The…
In terms of capital expenditures, the petroleum division of Westmin Resources (tse)has generally been its largest spender. Not that this should come as any surprise because the division has also tende…
For the quarter ended March 31, Teck Corp. (TSE) reported net earnings of $14.5 million or 18 cents per share compared to $6.7 million or 6 cents a year earlier. Six-month earnings ending the same d…
Vancouver-based Galactic Resources (TSE) and partner BP Minerals America have successfully negotiated a $56-million(US) gold loan to finance construction of the Ridgeway gold mine, at Ridgeway, S.C. T…
Some encouraging gold intersections have been returned from Dutch Creek Resources’ (VSE) Wisconsin property near Nelson, B.C. The company says that recent exploration work “encountered at depth the wi…
Results from a drill hole on the Eastmain gold project in northern Quebec have management at MSV Resources (ME) and Placer Dome (TSE) smiling. Assays from hole 332-45 over a 32.6-ft length revealed an…
Under two separate agreements Hemlo Gold Mines (TSE) has agreed to finance Windarra Minerals’ (VSE) participation in a major new gold project (N.M., March 21/88) near Wawa, Ont. Ultimately the pact co…
A production start-up in late October has been announced by Cheni Gold Mines (TSE) for its Lawyers gold-silver property in the mountainous Toodoggone area of north-central British Columbia. President …
Rockford Minerals (TSE), a Toronto-based exploration company with interests in the Larder Lake, Ont., area, is making a takeover bid for Tyranex Gold (COATS), the company said recently. Rockford said …
Do you have the driving ambition to start your own little gold mine but lack the wherewithal to pull it off? There is help for you in the form of a paper entitled A Study into the Feasibility of Small…
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