News

Battle Mountain opens new mine

The San Luis gold mine operated by Battle Mountain Gold (TSE) is expected to become the largest producing gold mine in Colorado next year once it reaches its targeted annual production rate of 60,000 …


Corona affiliate seeks mining permit

An Irish company partially owned by Vancouver-based Corona (TSE) has applied for permission to build a lead-zinc mine near Galmoy, County Kilkenny, Ireland. At a capital cost of about $102 million, Co…


Asiatel options Iskut area properties

A recent agreement between Link Resources (VSE) and Asiatel Media (VSE) will provide for ongoing exploration of the Hoodoo and Inhini properties in the Iskut River camp of northwestern British Columbi…


Philippine mine may be in line for tax holiday

If a positive production decision is made on the Capas gold property in the Philippines, West Gold Explorations will be granted a 5-year tax holiday, says Grizzly Creek Resources (VSE). Grizzly Creek …


Toronto Stock Exchange Indices (January 14, 1991)

Jan. 8 Jan. 7 Jan. 4 Jan. 3 Jan. 2 HIGH LOW Composite “300” 3182.42 3201.00 3216.59 3221.73 3239.36 4009.47 3009.91 Metals & Minerals 2648.61 2650.66 2677.34 2682.61 2742.67 3453.06 2502.63 Integrated…



OBITURARY John MacIsaac

John MacIsaac, the man known to many as Canada’s pre-eminent mining contractor, died recently at his home in Sudbury, Ont., after a lengthy battle with cancer. He was 84. The native of Butte, Mont., w…


EDITORIAL PAGE GST is an improvement

Nobody likes to be taxed, and additional taxation is impossible to justify as long as government spending remains out of control. Nevertheless, the public outcry that arose when Ottawa’s new goods and…



Rhodes, Toltec drill low-grade bet

Recent surface work and drilling on the Gold Basin property in Arizona may be uncovering a large, low grade gold system, report partners Consolidated Rhodes Resources (VSE) and Toltec Resources (VSE)….


Queenston jumps on word of 17-ft sulphide interval

Shares of Queenston Mining (TSE) were active recently following speculation related to a 5-hole drill program on the company’s Matachewan, Ont., joint venture with Strike Minerals (COATS). The program…


OSC clears way for Borealis deal

A cease-trading order against Borealis Exploration (ASE) has been lifted by the Ontario Securities Commission (OSC) which will allow the junior to buy back more than 576,000 of its own common shares (…


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