Encouraging results have been reported from a number of international exploration projects held by Ennex International. A loss of $341,000 or 41 cents per share was recorded by Ennex during the six m…
For the first time since 1980, Canada is without a federal minister of state for mines. The change, part of Prime Minister Brian Mulroney’s recent cabinet shuffle, has so far drawn mixed reactions fro…
ONTARIO Alterio — final rec iss offer min 625,000 & max 1,250,000 @ 80 cents per unit to net min $465,000 & max $930,000. VANCOUVER Camas — gross proceeds rec $200,000. Gold Torch — gross proceeds…
A delay in the start of the 1988 mining season and debenture issue costs totalling $1.932 million(US) led to a seasonal second quarter loss of $4.348 million for Galactic Resources (TSE), up considera…
Production of zinc and lead concentrates at the Bunker Hill mine in Idaho’s Coeur d’Alene mining district has resumed, Bunker Hill Mining said recently. Initial production will come from the zinc-rich…
Sharply lower earnings have been reported by CoCa Mines for the 6-month period ended June 30. Net income was $317,400(US) or 4 cents per share compared to a $1.7 million profit or 22 cents last year. …
Pacific Trans-Ocean Resources (TSE) has taken the first step toward satisfying its financial commitments at the Ketza River joint venture near Ross River, NWT., the company said recently. Pacific Tran…
N.Y. Commodity Exchange Week’s High Low Close Change COPPER (in US cents per lb.) Sep 109.00 107.10 108.90 + 6.70 Dec 104.00 102.00 103.90 + 4.70 Mar 97.25 95.70 …
The first revenues from gold production have been received by Rockford Minerals (TSE). The production is coming from the Barber Larder open pit near Larder Lake, Ont. Ore is being trucked to the Kerr …
Based on encouraging drill results, a follow-up 13,000-ft drill program has been ordered for the Little Stull Lake gold property shared by Westmin Resources (TSE) (53.33%), Tanqueray Resources (ASE) (…
Toronto-based American Barrick Resources (TSE) has taken a significant step towards expanding gold production at the Goldstrike mine at Carlin, Nev. In a bid to increase its gold output from 40,144 oz…
Glen Auden Resources (TSE) and Golden Dragon Resources (VSE) have staked 415 claims in Eva and Kitto twps, near Beardmore, Ont. The claims, which are adjacent to the former producing Leitch gold mine,…
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