Barrick paying 7.5 cents semi-annual dividend
Toronto-based American Barrick Resources (TSE) has declared a semi-annual dividend of 7.5 cents per common share, payable in Canadian funds Dec 15, to shareholders of record Nov 30. American Barrick …
News
Noranda names successor to Falconbridge’s James
Noranda Inc. recently named one of its longest-serving senior executives as a successor to Bill James as president of Falconbridge Ltd. James will resign his position Sept 22 along with all of the Tor…
Windarra encouraged by LaRonge gold bet
A summer drill program on the Preview Lake property in Saskatchewan’s LaRonge gold belt continues to test the Bakos zone structure, reports joint venture partner Windarra Minerals (VSE). Windarra hold…
Black Hawk plans private placement
Toronto-based Black Hawk Mining (TSE) is planning a private placement of its shares with merchant banker DCC Equities to fund further exploration on the company’s recently acquired Minago nickel proje…
Noront reports Grubline results
Toronto-based Noront Resources (VSE) reports recent work by Noranda Exploration on the Grubline joint venture in the Gander area of Newfoundland has resulted in the discovery of two encouraging gold z…
VSWE sees a future for itself
It may be too early for supporters of the Vancouver Stock Exchange to start singing “Happy Days Are Here Again,” but there’s no doubt that the recent Eskay Creek gold play has lifted a pall of gloom t…
Timberline copper bet could become a mine
The results of a positive feasibility study have been received by Timberline Minerals (NASDAQ) for its MacArthur copper project in Lyon County, Nev. The property hosts mineable oxide copper reserves t…
Centurion US Page Centurion, Western terminate venture
An agreement involving Centurion Mines (NASDAQ), Western Mining(USA) and its wholly owned subsidiary Grand Central Mining, terminating the Centurion-Western venture in the Tintic mining district of Ut…
Gibraltar
“Having worked at many mining operations both in Canada and internationally — underground and open pit — I’ve found each a unique and exciting experience. Too, my career in this industry 0000,0600 …
Correction (September 18, 1989)
Northgate Exploration (TSE) is not the guarantor of a $90-million project loan advanced by the Bank of America Canada for Neptune Resources’ (TSE) Colomac project (N.M., Sept 11/89). The non- recourse…
Coeur d’Alene Mines adds up profits
Despite low precious metal prices, Coeur d’Alene Mines (AMEX) continued to add up profits in the second quarter of 1989 largely because of the efficiency of its gold and silver mines. During the perio…
Eagle River decline intersects gold zone
A decline has reached its target depth 150 ft underground on the Eagle River joint venture property owned by Central Crude (TSE) and Hemlo Gold Mines (TSE) in the Mishibishu gold camp. Situated 53 mil…