News

Drilling on Glimmer Resources’ (VSE) Beatty-Hislop property near Matheson, Ont., Noranda (TSE) has discovered another mineralized zone, almost 300 ft. east of any previously known mineralization. Two …

Through a recent share transaction, U.S.-based Hecla Mining (NYSE) has gained a majority interest in Acadia Mineral Ventures (TSE). Hecla now holds 52.5% of Acadia’s common stock and its chairman, Art…

Shares of Bema Gold (TSE) reached a new high recently after results from the company’s optioned Refugio gold property in Chile showed that reserves in the Verde deposit may be considerably larger than…

A new long-term mining plan has been completed by Placer Dome (TSE) for the company’s high-cost Dome gold mine at Timmins, Ont., where 587 unionized Steelworkers have been on strike since May 7. The p…

The first phase of drilling on the Star property in southeastern British Columbia has been completed. Barkhor Resources (VSE) is earning a 50% interest in the property from Kokanee Resources (VSE) in …

For $1.5 million in cash, securities and work commitments, Minefinders (VSE) has agreed to sell some of its Quebec properties to Malartic Hygrade Gold Mines (Canada) (VSE). Malartic Hygrade, Minefinde…

Earnings for the first half of 1990 for Equity Silver Mines (TSE) stood virtually unchanged over the previous year. The company reported earnings for common shareholders of $8.2 million for the six mo…

The Galore Creek area, part of the Golden Triangle in northwestern British Columbia, is teeming with geologists hunting for precious metal and polymetallic deposits. Among the active players is Goldbe…

A legal battle between Kenora Prospectors and Miners (COATS) and Bond Gold Canada concerning the Shoal Lake mining claims in northwestern Ontario has been settled. To end the year-old litigation betwe…

London Metal Exchange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date August 14 August 13 August 10 August 9 August 8 Copper 1559-1560 1582-1583 1615-1617…

When federal and provincial mines ministers gather in Winnipeg, Man., this month, there will be one delegation noticeable by its absence. Quebec has chosen not to participate in this year’s conference…

Police are investigating the discovery of a home-made bomb found recently at the strike-bound Dome mine in South Porcupine. The bomb, attached to the mine’s main water line, was discovered near the mi…