Tourist outfitter and flying service enterprises sometimes are affected by mining activities. Often they benefit from the spinoffs of mining. Don Massey of Hawk Junction, near Wawa, owns and operates …
Gold production at Placer Dome’s Sigma mine at Val d’Or, Que., is expected to be about 67,600 oz. in 1990, down slightly more than 1,500 oz. from 1989 production. Last year, the mine’s mill underwent …
Joint venture partners Ronrico Explorations (VSE) and partner Louvicourt Gold Mines (COATS) have commenced development work at the Simkar gold project, east of Val d’Or, Que. Louvicourt is a 58% owned…
Associated with gold mining for a good part of this century, the Kirkland Lake area of northern Ontario is undergoing a revival of sorts in large part through the efforts of Deak Resources (TSE). The …
Week’s Price (US) Change Gold* $392.20 + $2.35 Silver* $4.63 — $0.06 Platinum* $443.75 — $0.25 Nickel** $4.28 — $0.06 Lead** $0.35 + $0.01 Copper- $1.29 + $0.01 Zinc– $0.61 — $0.03 Courtesy of Sc…
Coeur d’Alene Mines (Amex) hopes to raise about US$52.8 million through a public share offering. The company, which plans to use part of the funds for exploration and development work, is offering two…
RSV Resource (VSE) expects to raise $250,000 from two recent private placement agreements for exploration of the Spider and Edith claims near Stewart, B.C. The company can earn a 60% interest in the p…
Aurochs Exploration (ME) has negotiated an agreement with Robopro Inc. which will allow the former to earn a 100% interest in the Dovercliff property, 7 km. east of Rouyn-Noranda, Que. To earn its int…
TEXT: REGIONAL SPECIAL, SECTION B NORTHERN ONTARIO & QUEBEC…
A. MacGibbon elected chairman succeeding David Yue who resigned as chairman but continues as a director; J. Clucas elected president and treasurer succeeding Barney Magnusson who resigned; G. Oakley e…
Koval Resources emerged as the volume leader during a week ended October 9, when significant gains in the prices of many resource issues were hard to come by. Almost one million Koval shares changed h…
A second-quarter writedown of its Sleeping Giant gold property near Amos, Que., left Aurizon Mines (TSE) in breach of a covenant in the agreement with its Swiss bondholders to maintain a minimum net w…
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