The word “rationalization” is used often these days, mostly to describe an effort to improve profitability. It’s also a popular expression at Bond International Gold (NYSE) which has combined its mini…
If market activity is any indication, results expected this week from the Aur Resources (TSE), Societe Miniere Louvem (TSE) massive sulphide project in Val d’Or, Que., should be encouraging. As operat…
Hayes Resources (TSE) could emerge soon with a new name and a clean balance sheet if the company gains court approval for a proposed capital reduction plan and a special plan of arrangement. Under the…
The World Gold ’89 conference will be held in Reno, Nev., Nov 5-8, 1989. The theme will be breakthrough processes in exploration and gold metallurgy. Topics of discussions will include gold mine plann…
The cost of purchasing Pacific Trans-Ocean Resources’ (TSE) 50% interest in the Ketza River gold mine is eventually going to cost Canamax Resources (TSE) about $5 million when all the figures are tall…
Calgary-based Varna Gold (ASE) has signed an agreement with Uranerz Exploration and Mining of Saskatoon which could result in the development of one or more of Varna’s exploration properties. Under th…
Toronto-based Orofino Resources (TSE) has informed Canuc Resources (TSE) that it is embarking on a limited summer exploration at Canuc’s Coronation Gulf gold project in the Northwest Territories. By s…
A chart of merger and acquisitions in the mining industry which was published in the June 19 issue of The Northern Miner, is available from its author Julian Baldry, a mining analyst with Nesbitt Thom…
Major North American producer Echo Bay Mines (TSE) turned out 585,000 oz gold in 1988 and is looking to boost that total to 725,000 this year. The company, celebrating its 25th anniversary in 1989, al…
Chicago will be the site for a conference studying the use of iron oxide materials used in the manufacture of soft and hard ferrite magnets. The conference, to be held Nov 1-2, will bring suppliers of…
A second-quarter loss of $1.1 million (13 cents per share) for the three months ended April 30 was reported by Skyline Gold Corp. (TSE). Comparable figures from 1988 are not available since Skyline be…
Beleaguered Augmitto Explorations (TSE), which is struggling to salvage its Beauchastel gold project near Rouyn, Que., has signed a letter of intent with another company which could lead to completion…
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