Northgate Exploration’s (TSE) affiliate NorthWest Gold (AMEX) recently declared a $149.5-million writedown on the carrying value of its remote Colomac gold mine in the Northwest Territories. While the…
An option agreement between the partners of the Moapa Valley precious metals project in Nevada and Blue Falcon Mines will not proceed at this time, Micron Metals Canada (ASE), one of the Moapa partner…
Quebec’s Ministry of Energy and Resources (MER) will hold a seminar on exploration, Nov. 21-22, at the Chateau Frontenac in Quebec City. This seminar will highlight the latest developments in explorat…
Colorado-based Newmont Mining (NYSE) has reported a big increase in third-quarter earnings after selling off interests in its Australian gold affiliate and U.S. coal company Peabody Holdings. A record…
The federal Department of Energy, Mines & Resources (EMR) has come up with an important document outlining its view of the current state of affairs in the Canadian mineral exploration industry. What m…
Drilling at Great Lakes Minerals’ 543-S copper deposit on the Keewenaw Peninsula in northern Michigan continues to confirm the continuity of previously outlined reserves. The latest results, from hole…
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…
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