A quarterly dividend is being considered by Southern Peru Copper, which owns and operates a pair of mines and a smelter in the southern region of Peru, employing 5,700 persons. Total dividend payments…
Nora Exploration (ME) and partner Placer Dome (TSE) have started a $650,000 exploration program to determine the extent of three gold-bearing zones on the Desjardins property north of Lebel-sur-Quevil…
Frankfield Explorations (ASE) is set to reorganize its share structure and change its name in an effort to raise funds for exploration on gold properties near Timmins, Ont., and Quebec. Subject to sha…
A summer drill program by Kilo Gold (ASE) started in June to test the company’s gold exploration property in the Apex Mountain area of southern British Columbia. The company plans several holes to del…
What a super great idea! Henry Cummings in his letter to the editor suggested: “Let’s bail out gold with a `buy an ounce’ campaign” (T.N.M., June 1/92). “Let gold bail us out,” I think. “Come on and g…
Despite a significant drop in output at Canada’s top gold producer, the Williams mine near Hemlo, Ont., cumulative production from the nation’s 12 largest gold mines edged up slightly to 2.8 million o…
A recent formal agreement allows Placer Dome (TSE) to earn up to a 70% interest in the Cat North claims owned by Lysander Gold (VSE) north of Prince George, B.C. The claims are adjacent to the BP Cana…
A unit of Battle Mountain Gold (NYSE) recently started a 6,000-ft. diamond drill program on the Phoenix project aimed at locating large-tonnage gold-copper skarn deposits. The property is in the Green…
The financial fortunes of British Columbia’s coal producers moved from bad to worse in 1991, with losses before extraordinary items topping $62 million. This compares with a loss of $4.1 million befor…
Toronto-based Madeleine Mines (TSE) is experimenting with a hydrometallurgical process designed to recover palladium-platinum, gold and base metals from its Lac des Iles property near Thunder Bay, Ont…
A 3-month prison term has been handed to Ronald Gilson for authorizing, permitting or acquiescing in the issuance of a misleading press release by junior Silver Bar Mines. Gilson, president of the com…
A recently signed letter of intent gives Victoria Resources (VSE) the right to earn a 100% interest in the West Hills copper-oxide property in Cochise Cty., Ariz. Victoria can earn the interest by pay…
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