As was widely anticipated (N.M., March 7/88), a Prime Capital (Pezim) Group company has entered the takeover battle for Vancouver-based North American Metals. It has added a bit of much- needed excite…
Mining companies which operate in several countries and have interests in more than one mineral may face the best chance for success. Robert Needham, executive chairman of the Australian firm Giant Re…
Drilling by Noramco Mining Corp. on the company’s Pickle Crow gold property is showing the southwest iron formation unit to be consistent between drill holes. Located near Pickle Lake, Ont., the prope…
Faith Mines says it has entered into an agreement with Perron Gold Mines, a company with common management, whereby Faith can earn a 50% interest in 7 1/4 mineral claims in Chaste Twp., Que., by carry…
Rio Algom Inc. reports consolidated net earnings of $93.1 million or $2.12 per share for the year ended Dec 31. This compares with earnings of $70.2 million or $1.58 per share realized in 1986. An ext…
Edmonton-based Golden Star Resources has established initial reserve figures at three Guyana gold properties which are being explored in a joint venture with Giant Resources of Australia. They include…
I’ve been a Cream Silver Mines shareholder for five years and I’m puzzled by the Strathcona Park (on Vancouver Island, B.C.) issue. I understand that environmentalists have protested the drilling and …
A joint venture agreement between Omni Resources and Skukum Ventures will hasten development of the Skukum Creek gold property located in the Wheaton River area of southern Yukon. To earn a 40% intere…
Total sales of potash by North American producers for all purposes (including exports) during 1987 were about 17.5 million tons containing an equivalent 10.2 million tons K203 1/20, according to the P…
Having second thoughts about its proposed offer to buy all of the outstanding shares of Louvem Mines it does not already own is St. Genevieve Resources of Montreal. The company, which currently owns a…
The 1988 silver commemorative dollar from the Royal Canadian Mint salutes the 250th anniversary of the Quebec-based Saint-Maurice Ironworks, Canada’s first industrial refinery, which began operating i…
Metallgesellschaft Canada Investments, a wholly-owned subsidiary of Toronto-based Metall Mining has reported substantially increased earnings for the year ended Oct 31. A dilution gain of $5.2 million…
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