Higher copper prices in 1987 had a marked impact on the annual earnings of two American producers, Phelps Dodge and Asarco Inc. Phelps Dodge’s primary metals segment, consisting mainly of copper-produ…
A $2-million, phase-1 exploration program has substantially increased reserves at Omni Resources’ Skukum Creek property in the Yukon’s Wheaton River Valley. Drill-proven reserves have increased to 821…
Drilling commenced last month at the Sagar property at Madoc, Ont., Faith Mines of Vancouver reports. The drilling will test extensions to two known zones in which gold was earlier identified. In othe…
Findore Minerals has optioned several well-located claims in Garrison Twp., Ont., to Vancouver-listed Morgain Minerals and Orcana Resources. Findore traded at 35 cents . The Findore ground covers the …
Placer Dome Inc. has optioned the Sturgeon River gold property from Phoenix Gold Mines. Located near Beardmore, Ont., the Sturgeon River property produced 73,332 oz of gold between 1936-1942. Placer D…
A second drill is now working on the Jolin gold property in northwestern Quebec, where encouraging results were obtained from the initial 10 drill holes, Abitibi Metals Mines reports. The company says…
An 8-hole drill program has traced a sulphide horizon for 5,000 ft, partners Mineta Resources and Hyperion Resources say. Located in Casa Berardi Twp., Que., the property is south of the Golden Pond g…
The past year was good for Equity Silver Mines. As well as paying off its bank debt and paying dividends to shareholders for the first time, the company reports it substantially improved its financial…
The market crash doesn’t appear to have slowed down the deals being made by Glen Auden Resources. The junior explorer, which identifies project areas and then brings in partners to carry the company f…
Teck Corp. has net earnings for the quarter ended Dec 31, of $17.2 million compared to $6.5 million a year earlier. After deducting preferred share dividends, net earnings were 42 cents per share, up…
A $10-million private placement with Hemlo Gold Mines will enable Viceroy Resource Corp. to purchase crushing, conveyor and stacking facilities for its Castle Mountain project in San Bernardino Cty., …
The 13th annual symposium of the Uranium Institute is scheduled for Sept 7-9 in London, England. Uranium supply and demand is expected to be among the topics of discussion, along with political pressu…
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