Testing continues in an attempt to resolve differences in the findings of two research facilities working with material from the Manitou mill tailings near Val d’Or, Que. Operator of the project is a …
Back trading again on the ME after more than a 2-month absence are Louvem Mines and its controlling shareholder St. Genevieve Resources. Investors keyed on the latter company in particular, trading 60…
Canadian government estimates of mineral exploration expenditures ranging from $700-$900 million in 1989 are overly optimistic, the president of a major Canadian flow-through fund says. Jean-Guy Masse…
When Audrey Resources (TSE) brought its 70%-owned Mobrun polymetallic mine into production two years ago, there were fears that the company would have trouble living up to the terms of a custom millin…
Toronto-based Agnico-Eagle Mines (TSE) recently completed the sale of its real estate division to Ontario developer Iona Corporation for $42.8 million. Net proceeds from the sale after repayment of mo…
We wish to make some corrections to your article on QPX Minerals Inc. (N.M. April 17/89). The Main Zone, not the West Zone as stated in your article, is the subject of the recent drilling and feasibil…
Governments in Canada have the power to give mining companies the right to develop the country’s mineral resources. They also have the responsibility of making sure companies use the best available te…
The profits of many North American uranium producers are being squeezed by low metal prices, but first-quarter results for Uranium Resources (NASDAQ) tell a different story. Net income was $2.3 millio…
The retirement of a Supreme Court of Canada judge could result in another appeal hearing in the ownership dispute over the Page- Williams gold mine in the Hemlo area of northern Ontario. Justice Willi…
Having achieved its primary objective of efficient, low cost production at its silver/copper/gold mine near Houston, B.C., Equity Silver Mines (TSE) is turning its attention to the search for future o…
A deal has been completed which will merge a subsidiary of South Atlantic Ventures (VSE) with a subsidiary of Union Mines to form a new company called Union Copper. Atlantic will remain the sole share…
An interesting cross-section of mining industry movers and shakers have put up seed capital funding for recently-created McNickel Inc. (COATS), which is poised to start drilling this June on its coppe…
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