News

Quintette Coal dug deeper into the black as it opened its new Shikano pit at a capital cost of $12 million. “This third production area will represent 20% of production output and, more importantl…

Additional good drilling results have been obtained from the Elder property in northwestern Quebec, west of the old stopes between the 12th (1,625-ft) and 14th (2,020-ft) levels, Aunore Resources repo…

An adit is expected to be collared by Dolly Varden Minerals at its Alice Arm, B.C. silver property by month-end. In doing so, the company will be reactivating one of B.C.’s most famous silver mining c…

The Nickel Plate mine of Mascot Gold Mines here is among the largest open pit gold mining operations in North America and is producing the yellow metal for the third time since 1902. At the official o…

Exploration programs are under way on four properties controlled by Hemisphere Development. In the Courageous Lake area, N.W.T., the company is drilling sections of a 14-km-long property which adjoins…

Results from the first phase of drilling on an epithermal gold property, held by vse-listed Emerald Isle Resources, near the U.S.-Mexico border indicate the existence of two distinct gold-bearing zone…

For investors wishing to add the shares of a low-cost U.S. gold producer to their portfolios, London- based Barclays de Zoete Wedd is recommending Battle Mountain Gold. Trading on the Toronto Stock Ex…

A joint-venture agreement has been signed by Greenstone Resources and Syngold Exploration giving Syngold the right to earn a 50% interest in two of the former’s Chibougamau, Que., properties. Under th…

Westar Mining had a 6-month loss of $3.5 million compared to $3.1 million for the same period in 1986. The company’s second quarter loss of $8.1 million was almost identical to the previous year’s. Ac…

Management of the North American Rare Metals — Dundee-Palliser joint venture Vezza gold project 25 km south of Matagami, Que., are highly encouraged with the findings in the latest hole in its 1987 s…

From Sept 27 to Oct 1, mine- finders around the world will gather at the Metro Toronto Convention Centre to attend the third decennial international conference on geophysical and geochemical explorati…

In a bid to expand current reserves on the Pandora gold mine property in Cadillac Twp., Que., American Barrick Resources will begin a 25,000-ft surface drilling program later this month. A former gold…