While a new-look Queenston Gold Mines has reported increased income from custom milling and gold royalties at its Kirkland Lake, Ont., properties, revenues dropped considerably during the first half o…
Citing low mine production and weak zinc prices, Brunswick Mining and Smelting recorded flat earnings of $3.55 million for the third quarter ended Sept 30. These earnings include an extraordinary gain…
Improving gold prices and lower unit production costs were responsible for a third-quarter earnings increase of 94% compared with last year’s results, Battle Mountain Gold has said. According to Chair…
A drill program has started on the Sam silver property held by Faraway Gold Mines. The program will follow up results from two mineralized zones which yielded strong silver assays in previous drill pr…
Colony Pacific Explorations has changed its transfer agent to Guaranty Trust Co. of Canada.
Toronto Stock Exchange — Lorne J. Levy appointed a member governor, succeeding J. Ronald Woods who has resigned.
Higher grades of ore are being mined in the Hemlo area of northern Ontario, the three gold-producing mines there report. Hemlo Gold Mines’ Golden Giant mine is currently milling ore in the 0.41-oz-gol…
Higher metal prices gave Falconbridge Ltd. a third quarter 1987 net profit of $17 million, or 23 cents a share, the company reports. That’s close to three times the $6 million profit (9 cents a shar…
Tyranex Gold showed some spirit, trading to $1 in this week’s generally poor market. The company has optioned its gold property near Shiningtree, Ont., to Gunnar Gold and Mill City Resources, two tse-…
At presstime for this issue, Ontario and Quebec provincial police were still searching for two armed men who over a week ago robbed the Virginiatown, Ont., gold mine of Golden Shield Resources of a go…
Central Crude Resources has completed an agreement with Joutel Resources giving the former company the right to earn a 50% interest in Joutel’s Blue Quartz gold property. Located near Matheson, Ont., …
Shareholders of Nuinsco Resources have approved an agreement with Echo Bay Mines to proceed with the second stage of underground exploration on Nuinsco’s Cameron Lake property near Kenora in northwest…
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