Toronto-based Vedron (TSE) says it has revised the terms of a previously announced debenture offering, designed to finance exploration at the Fuller gold project and pay back debt owed to Belmoral Min…
A net loss of $18.8 million (63 cents per share) for 1989, compared with a net income of $2.9 million (10 cents per share) in 1988, has been reported by Hope Brook Gold (TSE). Revenues totalled $38.1 …
The first results of an underground exploration program on Exploration Orex’ (ME) Goldboro property in Guysborough Cty., N.S., have been announced. The drilling program defines a mineralized block of …
Promoters are a necessary part of this business of mining. There are good ones and bad — and all shades between. One of the best had to be Joe Errington, founder and developer of Little Long Lac Gold…
A diamond drilling program is under way on Vital Pacific Resources’ (VSE) Haida property, 100 km north of Kamloops, B.C. The company will drill 10 to 12 holes totalling 1,800 metres, at an estimated c…
Although gold production was up 25.5% over last year, net income for Coeur d’Alene Mines (AMEX) dropped. The company reported net earnings for the year ended Dec. 31 of US$9.4 million (or US94 cents p…
A mineralized vein continuing through three drill holes has been encountered on American Consolidated Mining’s gold-silver-copper prospect in Clifton Cty., Utah. Channel samples cut across the vein st…
The Mineral Deposit Research Unit, a joint initiative between the University of British Columbia (UBC) and the mining industry, is looking for qualified people to staff a research project oriented tow…
The second phase of a diamond drill program on Queenston Mining’s (TSE) Upper Beaver mine project in Gauthier Twp., Ont., has commenced. Pamorex Minerals (TSE) is earning a 51% interest in the propert…
Options Open Series Volume Last Interest May 400 C 31 818.50 1,247 May 410 C 30 113.00 1,112 May 420 C 510 7.50 2,372 May 440 C 220 3.00 1,612 May 450 C 284 2.00 1,013 Aug. 440 C 281 8.50 1,168 Aug. 4…
The Ontario Mining Association’s 71st annual dinner recently offered the province’s legislators a chance to show its support for the industry, and the MPPs didn’t let the opportunity slip away. Althou…
It may be of small consolation, but the mineral exploration industry is not alone in its suffering as a result of Finance Minister Michael Wilson’s recent budget. Junior mining companies may suffer th…
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