Major North American gold producer Corona Corp. (TSE) decided to declare a write-down of $108 million in 1988 after revising ore reserves at its Nickel Plate mine in southern British Columbia. Last ye…
Options Open Series Volume Last Interest May 390 C * 40 12.00 593 May 400 C 1,026 4.20 4,184 May 420 C * 251 1.50 2,918 May 440 C * 130 0.40 2,736 Aug 400 C * 68 …
Amer. Barrick — Horsham Sec. bought 1,170,300 (Feb.) @ $23.07-$23.50 to hold 14,366,396. Augdome — J. Archibald sold 10,000 @ 30 cents (Sept./88, amended) and 25,000 (Feb., private) @ 21-22 cents …
Lakeshore Minerals (ASE) has acquired a 33-claim gold property in Maricopa Cty., Ariz. Consideration paid for the claims was 100,000 common shares of Lakeshore. The property is subject to a 10% net pr…
As base metals mines go, the No. 12 mine in Bathurst, N.B., is No. 1 in more ways than one. No mine in the world can top it in terms of zinc-in-concentrate produced each year (about 238,000 tonnes). A…
The expiry date for McFinley Red Lake Mines’ (TSE) current rights offering to shareholders has been extended to April 6 because of delays in distribution of the rights offering documents to United Kin…
Focus of the on-going takeover contest for Dickenson Mines (TSE) and Kam-Kotia Mines (TSE) appears to have temporarily shifted to an associated company, Wharf Resources (TSE). Corona Corp. (TSE), whic…
Negotiations involving Toronto- based Marshall Minerals (ASE) and East West Caribou Mining could make an open pit base metal producer out of the Restigouche polymetallic property in New Brunswick. If …
Toronto-based Aur Resources (TSE) is expanding its holdings in the Val d’Or, Que., area by entering into option agreements with four junior exploration companies controlled by prospector Jack Kentish….
The shareholders of Hanson Mineral Exploration (COATS) and Perch River Mines have approved the amalgamation of the two companies. The name of the amalgamated company has been changed to McNickel Inc. …
Tonnage extracted from the Abcourt-Barvue zinc-silver mine about 40 miles north of Val d’Or, Que., during the last six months of 1988 was down when compared with the same period a year earlier, Abcour…
Record low uranium prices are taking their toll on the world’s largest uranium mining company. Cameco-A Canadian Mining and Energy Company is being forced to temporarily shut down its Rabbit Lake uran…
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