While some analysts talk of an encroaching oversupply of gold, international investment dealer Shearson Lehman Hutton forecasts 1989 will be marked by a persistent shortage of immediately available ma…
A number of majors were in the running, but Corona Corp. (TSE) came out the winner in its effort to strike a deal with North Carolina- based Piedmont Mining (NASDAQ). Corona recently agreed to purchas…
Under terms to be defined in a formal option agreement, Ballatar Explorations (VSE) intends to provide the necessary financing to bring the Shumagin gold-silver mine into production. The company can e…
An economic evaluation of the Canty deposit near Hedley, B.C., is slated to begin in March under the direction of Corona Corp. (TSE). The study follows completion of the 1988 drill program on a number…
X-Cal Resources (TSE) says its winter drilling to date has located possible reserves of about 250,000 tons grading 0.20 oz gold from the North zone on its 6,000-acre Snowbird property near Fort St. Ja…
Drilling completed by Goldhunter Explorations (ASE), Pinetree Explorations (COATS) and Caviar Resources (COATS) has intersected high grading gold values on their Wright Lake property west of Pickle La…
Toronto-based Falconbridge Ltd. (TSE) affiliate United Keno Hill Mines (TSE) is attempting to arrange a rights offering to pay off outstanding debts and finance working capital requirements. United Ke…
Contrary to the opinion stated in the Feb 6 editorial “Money is no object,” Ontario Hydro is proposing the least cost option for reducing acid gas emissions. Costs are a major consideration for all pr…
Ateba Mines (TSE) has opted to discontinue its participation in the Magnet mine project with joint venture partner Roxmark Mines (TSE). Located near Geraldton, Ont., the Magnet mine was a former gold …
Production has resumed at Beaver Resources (TSE) Kramer Hills project in California following the addition of a crusher, agglomerator, conveyors and a stacker. “The added equipment will solve the diff…
Corona Corp. (TSE) and American Barrick Resources (TSE) have begun a decline into the bottom- most levels of jointly owned Renabie mine to probe for gold mineralization at depth. The decline will be d…
Within the next two months, Durga Resources (ASE) of Calgary will start to process 22,000 tons of tailings material at the Boss gold mine in southern Nevada. Having already lined up heap leaching faci…
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