A feasibility study completed by Australian company Boulder Gold N.L. for the Mountain View chromite property, suggests the project could become the first ferrochrome producer in the U.S. Located in …
First quarter gold production rose by 12% for Echo Bay Mines (TSE) thanks largely to a major expansion program under way at the company’s McCoy/Cove mine in Nevada. Echo Bay’s total quarterly gold pro…
The chairman of Belmoral Mines (TSE) is the first to admit 1988 was not a memorable year for his company. Kenneth Dalton, addressing shareholders at the annual meeting, said, “most of our projects hav…
Timmins-based Ventex Energy Ltd. (VSE) has acquired the right to earn a 25% interest in 247 claims in the Lac St. Jean area of Quebec. The vendor, 133872 Canada Inc., is a private company controlled b…
Reserves at Brenda Mines (TSE) near Peachland, B.C. will be exhausted next year, ending one of the great success stories in Canadian mining history. The porphyry copper deposit is among the lowest gra…
Investors stayed away in droves this week as the price of gold fell to a 3-year low of $359(US) per oz. As a result, placer gold explorer Integrated Resources of Edmonton, was the session’s biggest tr…
With a new controlling shareholder in command and a number of projects under way in Chile, Great Britain and North America, Westfield Minerals (TSE) will have its hands full for the remainder of 1989….
Vancouver-based Coral Gold Corp. (TSE) became listed on the Toronto Stock Exchange May 3, issuing 10.5 million common shares. A further 304,000 shares have been reserved. Coral is also listed on the V…
Toronto-based Dumagami Mines (TSE) may have opened the door to a settlement with a group of disgruntled shareholders by postponing until June 21 a law suit against Jacques Forget and his investment fi…
Sherritt Gordon Ltd. (TSE) is beginning to receive nickel concentrate from the Redstone nickel mine near Timmins, Ont. The mine is expected to produce 10 million lb of nickel in concentrate per year. …
The summer slowdown may have arrived early on the ME, where daily trading volumes during the holiday-shortened week ranged between 4.6 million and five million shares. The market portfolio squeaked ou…
Trading was light and mining stocks slid as the market passed another dismal week with investors steering well clear of mining issues. Sindor Resources traded in the $1.22-$1.18 range. Sindor is anxio…
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