News

Investors were in a buying mood during the holiday-shortened week ended Oct. 15, with both the market portfolio and mining and minerals index recording impressive gains. The former jumped by more than…

Hemlo Gold Mines (TSE) has estimated preliminary reserves at the Lightning zone to be 5 million tonnes grading 0.27 oz. gold per tonne (5.5 million tons grading 0.25 oz. per ton). An incorrect figure …

BGR Central Net Value $8.43 $5.03 Price $7.88 $4.400 Discount 6.57% 12.5% Value $50,185,674 $74,026,920…

Ron Netolitzky was recently named as technical adviser on Swift Minerals’ (VSE) properties in the Eskay Creek region of northwestern British Columbia. Swift can earn a 50% interest in four claim block…

A fountain of red ink is still spewing from Breakwater Resources (TSE) following an ill-fated strategic plan to have the company become an integrated zinc producer. In the 1991 first half, Breakwater …

Consolidated Gold Hawk Resources (ASE) reports optioning a gold property in Rickaby Twp. in the Beardmore-Geraldton area of northwestern Ontario. Surface sampling has been encouraging; the company say…

Members of a 64-year-old syndicate are beginning to crawl out of the woodwork as the value of the Teddy Bear Valley Mines’ (CDN) 18-claim property near Matheson, Ont., becomes apparent. The Teddy Bear…

Shareholders of International Corona (TSE) voted overwhelmingly in favor of a controversial proposal to become a pure gold mining company by transferring its non-gold assets into a new public company,…

A new feature has been added to this year’s Northwest Mining Association annual convention and trade show to be held in Spokane, Wash., Dec. 1-6. The well-attended convention attracts participants fro…

Because of supply disruptions and technical difficulties, zinc metal production at Noranda Minerals’ electrolytic reduction plant at Valleyfield, Que., is expected to be below its 230,000-tonne-per-ye…

Semi-monthly reports as of September 30, showed 21,525,116 shares of 590 issues compared with 22,743,881 shares of 607 issues on September 15. Larger individual positions included: Amax Gold 117,300, …

John Paterson appointed vice-president, operations and director.