Legal action initiated by Minnova Inc. (TSE) against Pacific Minesearch (VSE) was dropped as the two companies worked out a mutually accept able joint venture agreement on the Victory project near Bar…
A scathing blanket condemnation of the Vancouver Stock Exchange by two respected American business publications has raised the ire of listed company officials, the local investment community, and even…
Northgate Exploration (TSE) has purchased 500,000 shares of Hydra Explorations (TSE) in a private placement. The transaction gives Northgate a 12.3% interest in the company. Hydra holds a royalty inte…
Eighty years after its discovery, the Porcupine gold mining camp near Timmins, Ont., is still going strong. Although now surpassed by the Hemlo gold fields as Canada’s largest annual gold producer, th…
Mining from the first bench of the Touquoy open pit has removed 27,000 tonnes of rock grading 1 g gold per tonne (0.029 oz gold per ton) Seabright Explorations (TSE) says. The Touquoy property is in N…
METALLGESELLSCHAFT AG — Dr. Heinz Schimmelbusch appointed chief executive officer and will be based in Frankfurt, West Germany.
The production performance of the Jolu mine in Saskatchewan was impressive in March. In April it was spectacular. Jolu turned out 7,466 oz of gold in April, a 29% increase from the 5,775 oz produced i…
There’s good news and bad news as Canada’s diamond drillers face the 1990s. The good news is that there’s a level of prosperity in the industry that hasn’t been enjoyed for at least a decade, the res…
A preliminary short form prospect with respect to the offering of seven million units (shares and warrants) will be filed with the Ontario Securities Commission by LAC Minerals (TSE). Each unit will c…
Ontario prospectors can learn about the latest techniques and methods of ground geophysics during a 3-day field school offered by the Haileybury School of Mines. The field school is funded by a $3,…
Margaret (Peggy) Witte could be forgiven for feeling a twinge of bitterness if and when the first gold is poured from the Colomac gold project next year. After all, the 35-year-old metallurgist was …
Drilling by Cogema Canada, a wholly-owned affiliate of Cogema, the French nuclear fuels company, has encountered gold values on a 312-claim property in the Burntbush River area of Ontario. An extensio…
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