Alberta Stock Exchange Penway loses ground
While big traders like Argus Resources and Penway Explorations lost ground this week, Calgary- based Gold Vessel added an impressive 50 cents to its share price. Gold Vessel, which closed at $1.70, r…
While big traders like Argus Resources and Penway Explorations lost ground this week, Calgary- based Gold Vessel added an impressive 50 cents to its share price. Gold Vessel, which closed at $1.70, r…
The Mishibishu Lake joint venture plans to spend $29 million during the next year to develop and put into production a 600-ton-per- day gold mine and mill operation on the Magnacon property about 32 m…
Tusk Minerals reports that a diamond drilling program, involving approximately 2,200 ft of drilling will commence as soon as possible on its Old Cabin gold prospect northeast of Wawa in Jacobsen Twp.,…
Mill City Gold has started a surface exploration program on a 68-claim gold property adjacent to its McMillan gold mine prospect 57 miles west of Sudbury, Ont. The company can earn a 58% interest in t…
A course on the design of natural support for underground mining excavations will be given May 12-24, in French, at the University of Quebec in Abitibi-Temiscaming, located at Noranda, Que. The 3-day …
Shareholders of Lac Minerals are sure to be pleased by the company’s 1987 earnings of $38.7 million. But when those same shareholders gather April 14 for the company’s annual meeting, there is bound t…
A 25-ton-per- day pilot mill has started bulk sampling at Bighorn Development’s and Wydmar Development’s Island Lake gold project in northern Manitoba. The mill is processing a 3,000-ton bulk sample, …
Contrary to a statement made in an article appearing in the January 25, 1988, edition (“Shabu share trading still subject of rcmp probe”), Harvey Rubenstein was not in fact a director of Shabu Gold Mi…
A rally which moved the tse composite index to a post-Oct 19 high of more than 3,300 pts has stalled. During the past week, small advances offset by losses were the norm, suggesting a period of direct…
A significant new gold discovery has been made by Asamera Minerals at its Cannon mine property near Wenatchee, Wash. Word of the find comes fresh on the heels of a takeover offer for Asamera Inc. by G…
Drilling by Conquest Yellowknife Resources on a property near the Renabie mine, has confirmed the presence of the Renabie shear zone on the claims. Located northeast of Wawa, Ont., the property adjoin…
Mining concerns devote the majority of their time and creative talents to the traditional aspects of the industry exploration, discovery and production. Cash flow is always important, but has been vie…
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