Rising interest rates have put a lid on the summer rally — at least for the time being. Combined with summer holidays and investor concerns over inflation and the economy in general, our review week …
Mobilization for a $1.5-million exploration program on Energex Minerals’ (VSE) Al project in the Toodoggone area north of Smithers, B.C., is under way. The program is designed to increase reserves of …
Jerome Gold Mines (ASE) has arranged for a private placement through First Toronto Capital Corp., to fulfill its obligations at the Jerome mine joint venture at Swayze, Ont. Under an agreement with pa…
News that drilling has quadrupled reserves at the Magino gold mine, sent McNellen Resources back to the $4 mark. Although little information has been released about the nature of the deep drill result…
With underground exploration still in progress at Mark V Petroleums and Mines (VSE) Bagdad gold mine near Philipsburg, Mont., the company says it is still encountering high grade mineralization on the…
A problem at one of Cominco Ltd.’s zinc roasters at Trail, B.C., has resulted in a mechanical breakdown. The failure will put the roaster out of service for about a week, resulting in the loss of 2,00…
In a recent article, The Northern Miner incorrectly related Camreco Inc.’s (TSE) accumulated deficit on March 31 to revenues reported during the first three months of 1988. In fact, Camreco reported a…
Shakwak Exploration — Arshad A. Shah appointed director and vice-president, ** petroleum division. **…
Diamond drilling is expected to begin in the next few weeks at International Maggie Mines’ (VSE) Indian River property six miles southeast of Squamish, B.C. The property falls under an option agreemen…
Further exploratory drilling will be carried out on the Kidd Twp. properties of Chance Mining and Exploration Co. (COATS) in the Timmins area this year, President M. Zurowski states in the annual repo…
The Prospectors and Developers Association of Canada (PDAC) is expressing concern over the potential deterioration of services provided by the Ontario Ministry of Northern Development and Mines to the…
Reno, Nevada will be the site Oct. 13-15 of a presentation Gold Exploration; Techniques and Problems by the Society of Mining Engineers. Technical sessions will include such topics as new models for g…
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