It isn’t often that a company can contemplate a production decision with reserves of less than 130,000 tons in the ground. But at the Johnny Mountain gold property in northwestern British Columbia, th…
A gold property located at the north end of California’s famed Mother Lode district has become the subject of a joint venture agreement between Battle Mountain Gold (TSE) and Centurion Gold (VSE), a V…
The Australian mining company which earlier this year took over east-coast gold producer Seabright Resources is suing the former directors of the Canadian company for $60 million(C). Western Mining, t…
Exploration and mine development in northern British Columbia is risky business — even when you know what you’re doing. So joint venture partners Newhawk Gold Mines (TSE) and Granduc Mines (TSE) have…
It’s full-speed-ahead for the $75-million tailings recovery project of ERG Resources Inc. (TSE), says the project’s Timmins-area manager. Chris Harvey says ERG has reached an agreement with Giant Reso…
Second-quarter earnings by Lac Minerals (TSE) were 23% higher than for the same period in 1987, and more than twice those recorded during the first quarter of this year. The Toronto-based gold produce…
Fleck Resources (VSE) says an extensive resampling and assaying program on more than 2,500 samples has been completed on its Marathon platinum group metals deposit near Marathon, Ont. Assays from the …
In a small, modern office on Union Street in the downtown core here, Morton Gordon, chairman of Gordex Minerals (TSE) (and six other publicly- listed gold exploration companies), recounts his earlier …
ONTARIO Released From Escrow PPC Oil & Gas Cor. — 230,103 shs released. VANCOUVER Vishnu Res — gross proceeds rec $152,000. First Star Egy — opt exerc on 120,000 @ $0.3025. Killick Gold — gross pr…
It’s now two down and counting for Canamax Resources’ (TSE) chief executive officer, John Hansuld, who has promised a new mine a year for five years. In fact he’s ahead of schedule with the official o…
Federal Finance Minister Michael Wilson has ruled that parties in a flow-through share agreement have up to 60 days after entering the agreement to set the price of the shares. This marks a change fro…
Falconbridge Ltd. (TSE) says the adjusted subscription price for its common share purchase warrants, which expire July 27, 1989, will be $24.69, assuming the previously- announced $4.75 per share divi…
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