Correction (March 06, 1989)
Claims held by Cline Development Corp. (VSE) and Transgold Resources (COATS) also include a property which was at one time held under option by Esso Minerals. Work by Esso defined reserves of 72,000 t…
Claims held by Cline Development Corp. (VSE) and Transgold Resources (COATS) also include a property which was at one time held under option by Esso Minerals. Work by Esso defined reserves of 72,000 t…
Diamond drilling has commenced on the first of 12 potential kimberlite targets to be tested this winter by Toronto-based Aurogin Resources (VSE). Aurogin can earn a 50% interest in the properties from…
Despite a $24.3 million drop in earnings from its gold mining operations last year, Placer Dome Inc. (TSE) reported a substantial increase in net earnings for the year ended December 31. Anthony J. Pe…
Gold prices below $400 (US) and increased concern over higher interest rates continued to plague the market here, although a small correction was noticed at press time following some sharp declines in…
Nevada had a long history of mining booms and mining busts when gold in commercial quantities was discovered in the Carlin Trend. By the latter half of the 1980s, what was happening in Nevada was reco…
N.Y. Commodity Exchange Week’s High Low Close Change COPPER (in US cents per lb.) Mar137.20 135.50 136.70 + 2.20 Apr132.00 132.00 134.20 + 3.10 May131.50 128.00 131.2…
After producing more than 21,000 oz of gold during its first four months of operation, the Golden Patricia mine, 40 miles west of Pickle Lake, Ont., looks like a winner for owner Bond Gold Canada Inc….
Efforts to ensure that mining and exploration get a fair hearing from government stand to gain ground as a result of the recent formation of the Ontario Mineral Exploration Federation (OMEF). OMEF is …
The largest exploration program in the Adams Plateau area will be initiated by Minnova Inc. (TSE) whose Samatosum copper-lead- zinc deposit is scheduled for production later this year. The Minnova pro…
The two publicly traded companies that own Alta Gold Company, a precious metals producer based in Salt Lake City, Utah, are planning to merge. Silver King Mines (NASDAQ) and Pacific Silver Corp. (NASD…
With reductions in federal revenue-sharing dollars, many U.S. states are looking at a variety of possible tax adjustments to fill funding shortfalls. Recognizing the vulnerability of their industries …
Recent drilling by Golden Terrace Resources (TSE) at the DeSantis property near Timmins, Ont., has confirmed the presence of a gold zone. Drilling has traced the 733-west gold zone for a strike length…
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