An increase in revenue at the Nanisivik mine and higher throughput at the Mochito mine in Honduras are two factors which contributed to hefty profits for Breakwater Resources (BWR-T) in 1997.The base …
Mar. 16, Anglo-AndeanMar. 16, Channel ResourcesMar. 16, Int’l VestorMar. 16, ToscanaMar. 17, Eldon ResourcesMar. 17, ESM ResourcesMar. 17, GreenshieldMar. 17, Manson CreekMar. 19, GWR ResourcesMar. 19…
Low gold prices may have hurt its earnings, but Richmont Mines (RIC-T) still enjoyed its sixth consecutive year of profitability in 1997.Revenue during the 12-month period nearly doubled, to $38.7 mil…
For 1997, Agnico-Eagle Mines (AGE-T) reported a loss of $121.6 million (or $2.83 per share), attributing the red ink to low gold prices. By comparison, the previous year saw the company earn $300,000 …
Aber Resources (ABZ-T) and Diavik Diamond Mines, a division of Rio Tinto (RTP-N), unveiled a $875-million plan to build Canada’s second diamond mine.The mine site is situated 300 km northwest of Yello…
The cloud hanging over political, social and economic life in Sierra Leone appears to be clearing, paving the way for mining companies to rebuild and restart their operations.In mid-February, a Nigeri…
With 17 holes completed to date, Teck (TEK-T) and joint-venture partner Western Copper Holdings (WTC-T) are working to determine the scope of the San Nicolas massive sulphide find in Mexico’s Zacateca…
A bulk-sampling program at their Glimmer mine, near Matheson, Ont., has produced 39,852 oz. gold for partners Exall Resources (EXL-T) and Glimmer Resources (GME-V).Proceeds from the sale of that produ…
BHP World Exploration, a division of Australian-based Broken Hill Proprietary (BHP-N), has teamed up with Caledonia Mining (CAL-T) in southwestern Zambia. Their mission? To explore Caledonia’s wholly …
A conference evaluating the practicality of introducing endangered species legislation in Canada will be the focus of a conference hosted by the Fraser Institute, to be held April 15 at the Renaissanc…
Canadian juniors were on top of the world a year ago, basking in a string of exploration successes. In the span of a decade, they had found gold-silver grades in triple digits at Eskay Creek in northe…
Rick Van Nieuwenhuyse appointed president and COO.
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