After spending over $1 million on exploration this past season, Continental Pacific Resources (VSE) plans to spend a further $2 million in the 1990 season on its two key properties in the Northwest Te…
The rising price of gold has producers of the precious metal moving to pay off their gold loans, the effect of which may be to lend further strength to the metal’s price. One such producer is Giant Ye…
Dayton Developments Corp. (VSE) has started drilling on its Andacollo gold project in Chile. Held under option from Chevron Resources, the Andacollo deposit is being tested by a 50,000-ft drill progra…
Third-quarter earnings were lower for Echo Bay Mines (TSE) despite increased gold and silver production from the company’s expanding mining operations in Nevada. The company had net earnings of $9.6 m…
A mining feasibility study has been completed by Wright Engineers on the Estrades gold-silver-zinc-copper deposit in northwestern Quebec. Project operator Breakwater Resources (TSE) has also deferred …
A 10,000-ft diamond drilling program has started on Reymont Gold Mines’ (ASE) Great Western Star copper-gold property near Nelson, B.C. The current exploration program will test at least five separate…
Toronto-based Sherritt Gordon (TSE) has adopted a poison pill or shareholder rights plan to prevent itself from becoming the victim of a creeping takeover bid. While the company said it isn’t aware of…
A technical study for the Nor-Acme gold project, owned 100% by High River Gold Mines (TSE), was recently completed by Inco Gold, a unit of Inco Ltd. (TSE), in conjunction with Wright Engineers. The re…
With a written proposal in hand, Fairbanks Gold (VSE) is evaluating an offer by a major mining company for possible involvement in the company and its Alaskan mineral properties. Eric Friedland, pre…
1989 Nov 28 Nov 27 Nov 24 Nov 23 Nov 22 HIGH LOW Composite “300”3928.003930.703933.483915.773920.554037.833353.13 Metals & Minerals3353.313339.243342.523337.663351.963919.203207.50 Integrated mines…
A joint venture agreement has been entered into between Sikaman Gold Resources (TSE) and ITM International for development of the former’s two placer gold mining concessions in Ghana, West Africa. ITM…
Furious trading in the shares of LAC Minerals, fuelled by talk of a takeover, led the issue to the top of the most active list. Activity during three days ended Nov. 29, today, saw more than 7.6 milli…
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