Although profit from the Samatosum mine owned 30% by Rea Gold (TSE) came in below expectations, it would be difficult to call the numbers disappointing. Operating profit from the mine accruing to Rea …
Sept. 4 Sept. 3 Aug. 31 Aug. 30 Aug. 29 HIGH LOW Composite “300” 3333.27 Holiday 3346.25 3329.83 3339.72 4009.47 3329.85 Metals & Minerals 3027.19 Holiday 3046.71 3027.32 3020.76 3453.06 2850.84 Integ…
Six men were killed and four injured in an explosion at PT International Nickel Indonesia’s nickel smelter at Soroako, Indonesia. PT Inco is a subsidiary of Toronto- based Inco (TSE). Inco believes a …
A hearing has been scheduled next month by the Ontario Securities Commission to inquire into the alleged illegal sale of shares in Vancouver-based Aatra Resources (VSE) by Toronto-based Durham Securit…
Exploration for deep base metal deposits will begin in June, 1991, on Agnico-Eagle Mines’ (TSE) mining claims in Coleman Twp., near Cobalt, Ont. Legacy Explorations (COATS) has agreed to finance a $50…
Although still seeking a joint venture partner for its Garrison gold project, near Matheson, Ont., Jonpol Explorations (TSE) continues to probe the gold zones which remain wide open in all directions …
A spokesman for Amax Gold (TSE) recently described the Colorado company’s recent decision to sell its 44% stake in Canamax Resources (TSE) to parent Amax (TSE) as “a non-event.” The sale of 10.4 milli…
Recent results from Major General Resources’ Rendell-Jackman property in Newfoundland suggest that the Hammer Down gold zone may be pinching out to the east. While probing strike extensions of the zon…
Denison Mines recently sold its 19.5% interest in Parlake Resources (TSE) in a private transaction. Denison declined to reveal the price it received for the 496,611 shares of the junior it sold.
On word that Home Lake Resources had staked 100 claims in the Eastmain River area of northern Quebec, shares of the junior company jumped 40 cents to close at $1.55 on a volume of 120,950 for the week…
Brunswick Mining and Smelting has started a cleanup program at its Belledune, N.B., smelter, according to Canadian Occupational Health & Safety News. Recommendations for the cleanup were made by an in…
By 1992, the gold unit of Santa Fe Pacific (NYSE) expects to be producing more than 300,000 oz. gold annually from various mining operations in Nevada. About 200,000 oz. of this amount is targeted to …
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