When Ontario’s new Mining Act comes into force next year, the province will stop issuing free assay coupons to licensed prospectors. The total value of the 990 coupons redeemed between April 1, 1988, …
An approval- in-principle has been reached between Shamrock Resources (VSE) and United States Antimony (NASDAQ) for the development of the Yellowjacket property in Lehmi Cty., Idaho. A proposed plan o…
Hopes that the prolific Red Lake, Ont., gold camp will give rise to another new gold production continue to rest on the old Cochenour- Willans property, where Inco Gold, a unit of Inco Ltd. (TSE), is …
Two exploration programs were undertaken by Armistice Resources (ME) at its Virginiatown, Ont., property in January, one geared toward extraction of a bulk sample and the other involving surface work….
Toronto-based Bachelor Lake Gold Mines (TSE) has agreed to sell a 60% stake in its Desmaraisville, Que., gold mine and mill to Hecla Mining Co. of Canada. While the deal is subject to due diligence an…
Despite a pull-back in gold from the US$405-level to below US$400 per oz., the Vancouver Stock Exchange managed to gain about six points to the 738-level. The bullion market appears to be mirroring in…
Your 75th special edition was excellent. I especially enjoyed reading the backgrounds and historical developments which are behind the major mining camps and companies of our country. I have always lo…
While the mining community was taking a look into the future at this year’s Prospectors and Developers Association Convention in Toronto, the U.S. dollar continued to exert downward pressure on the pr…
The latest uncut assay results released by operator Calpine Resources (VSE) are continuing to confirm the high- grade nature of the Eskay Creek gold deposit, north of Stewart, B.C. Calpine owns 50% of…
You recently reported (T.N.M., Feb. 12/90) on the intent of the Ontario Securities Commission (OSC) to regulate professionals. As a professional engineer, I find the desire of the OSC to extend its po…
Two properties in northwestern Quebec have been optioned to Inco (TSE) by a pair of related companies. An agreement with Aunore Resources (ME) will allow Inco to earn a 100% interest in 16 claims in B…
Minven Gold (TSE) recorded a net loss of US$938,385 (3 cents per share) for the fourth quarter of 1989, compared with a loss of US$16,295 in the same quarter of 1988. Fourth- quarter revenues were US$…
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