Shares of Glimmer Resources (VSE) doubled in price to $1.50 after the company reported an impressive 7-metre intersection grading 22 grams gold per tonne (54.7 grams uncut) from a recent drill hole on…
In a bid to discover new zinc orebodies in eastern Canada, Cominco (TSE) will spend nearly $1.4 million over the next year to probe the Normetal zinc-copper property of Exploration Miniere Normetal (M…
Increased revenue, earnings and gold production were reported by Cambior (TSE) for the third quarter and first nine months of 1990. The company attributed the rise in net earnings mainly to increased …
Nov. 13 Nov. 12 Nov. 9 Nov. 8 Nov. 7 HIGH LOW Composite “300” 3135.08 3119.97 3077.42 3060.55 3071.14 4009.47 3009.91 Metals & Minerals 2593.85 2587.88 2523.81 2492.87 2502.63 3453.06 2502.63 Integrat…
A substantial decline in interest, investment and other income led to a 19% drop in third-quarter earnings for Corona (TSE). Net income for the quarter was $12.3 million (6 cents per share) compared w…
As a US$5-million, 2-year exploration program gets under way at the American Mine gold project in San Bernardino Cty., Calif., BMR Gold (ASE) is confident that its new partner, Nerco (NYSE), will be a…
Calgary-based Savanna Resources (ASE) has optioned its Turner Albright gold-copper-zinc property in Oregon to Cominco American Resources, a unit of Cominco (TSE). Situated near O’Brien, Ore., the 2,30…
Ontario’s newly appointed mines minister says he is placed on the defence during a recent interview with The Northern Miner. “I am under siege,” jokes Gilles Pouliot, 48 — a feeling that may be inevi…
After lying low for almost three years, Fort Knox Gold Resources (TSE) has optioned two groups of claims in the Shining Tree area, near Cobalt, Ont. Inco (TSE), which recently increased its stake in F…
Additional drill results from the Komis gold deposit in northern Saskatchewan suggest that Waddy Lake Resources (TSE) has correctly interpreted the orientation of the mineralization. The company compl…
Aston Resources Ltd. (ASU: VSE) has changed its registrar and transfer agent to Pacific Corporate Trust Co.
The president of the Prospectors and Developers Association of Canada (PDAC) is downplaying a recent federal government report on the state of mineral exploration in Canada. Robert Ginn says the explo…
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