No plans to close producing mine, Skyline says
Gold producer Skyline Gold (TSE) has no plans to close its wholly owned Johnny Mountain mine in the Iskut River camp of northwestern British Columbia. Skyline President William Price said rumors of an…
Gold producer Skyline Gold (TSE) has no plans to close its wholly owned Johnny Mountain mine in the Iskut River camp of northwestern British Columbia. Skyline President William Price said rumors of an…
A gold property in the Northwest Territories is providing a new exploration focus for Rea Gold (TSE). Rea is a Vancouver-based junior with a 30% interest and 5% net smelter return in the producing Sam…
By entering into an agreement in principle for the merger of Prime Resources Group (VSE) and Stikine Resources (TSE) into a new company, Corona (TSE) has secured control of the rich Eskay Creek gold p…
A large-scale exploration project on Golden Hope Mines’ (COATS) gold-base metal properties in the Eastern Townships area of Quebec is about to begin, thanks to a financing commitment from St. Geneviev…
In an unusual display of sweetness and light for a mining industry takeover, all key players are professing to be winners in the recently announced plan to merge Prime Resources Group (VSE) and Stikin…
Geological reserves at the Stirling gold mine near Beatty, Nev., are reported by 52% owner Cathedral Gold (TSE) to be the highest ever in the mine’s 10-year operating history. Mine geological staff cu…
The Premier Gold mine project near Stewart, B.C., may soon be treating higher-grade reserves from the SB gold project owned by Tenajon Resources (TSE). Don McLeod, president of Tenajon, said his compa…
John (Jack) McAdam, a prospector and mine developer active in the Canadian mining industry since the early 1950s, died suddenly April 19. He was 64. .”Everyone feels it’s like a loss in the family,” s…
After a week long free fall caused by sky high interest rates and falling profits, the Toronto market finally recovered a small amount of lost ground today, April 25. But investors who are obviously t…
After reporting reduced annual earnings of $73.1 million in 1989, Rio Algom (TSE) is preparing for what could well turn out to be another lacklustre year in its profit picture. The company was hit har…
If there’s one company that is synonymous with Canada’s mining industry, it’s Inco. That’s not to say that the nickel producer represents all things about Canadian mining. It doesn’t. Looking at Inco …
Week’s Price (US) Change Gold* $374.80 + $0.10 Silver* $5.02 — $0.07 Platinum* $480.75 + $2.75 Nickel** $4.29 + $0.36 Lead** $0.37 — $0.01 Copper- $1.22 Zinc $0.80 + $0.06 Courtesy of Scotiabank. In…
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