News

Increased production volume and lower costs brightened the profit picture for major North American gold miner FMC Gold Company (NYSE) in 1988. The company reports its net income rose 23% last year to …

By 1991 exploration geologists will have access to high-definition color maps showing the regional geological features of the continent of Africa. Toronto-based geophysical consultants Paterson, Grant…

Asquith Resources was steady at 60 cents this week. The company recently released results, which include visible gold showings, from a zone on its Buckingham Mine property in southern Asquith Twp, Ont…

Based on a recent positive pre- feasibility study, Sun River Gold Corp. (VSE) is projecting a production rate of 400 tons per day for its United Western Mine gold deposit located near Oatman, Ariz. Th…

Alberta-based junior Stratabound Minerals (ASE) reports initial drill results from its CNE base metals property near Bathurst, N.B. Last fall, the company reported the discovery of high grade lead- zi…

By the end of March, U.S. Precious Metals (TSE) and Ruskin Developments (VSE) expect to have completed the sale of the Hilltop property in Nevada to a unit of Placer Dome Inc. (TSE) for the sum of $2….

Having moved a step closer to full production at its Kierens zone deposit at Val d’Or, Que., Aur Resources (TSE) is taking major strides at two other Quebec properties. Full commercial production is e…

A nickel-copper discovery made last year in the Lac St. John area of Quebec has generated substantial investor interest and at least one company plans to go public on the strength of its mineral claim…

Following a corporate consolidation, Gunnar Gold Mining is again trading on the Alberta Stock Exchange. The company’s recent consolidation was completed on the basis of one new share for every 10 issu…

A comprehensive development program budgeted at $661,000 is planned by partners Corona Corp. (TSE) and Huntington Resources (VSE) for the Brett claims located about 25 km west of Vernon, B.C. The proj…

Most people have little knowledge or appreciation of the five “other” platinum group metals and only a few know how to make money out of any of those noble metals in the market. The most important of …

The January 23 issue of The Northern Miner carried an article on Ontex Resources with several slanted references to Metalore Resources (“Ontex completes financing, continues suit against Metalore”). F…