News

A private placement with a company director has been reduced to 100,000 common shares at $1.10 per share because of current market conditions, Kewagama Gold Mines (Quebec) reports. Also, subject to re…

Major owners: * North American Metals (50%), Chevron Canada Resources (50%) Commodity: * gold Discovery date: * 1985 Production decision: * August, 1987 Start-up: * fourth quarter, 1988 Capital costs:…

A short course on the recovery of gold from ore using heap leaching technology is being presented at the Alaska Civic Centre, March 22-23, in Fairbanks, Alaska. Presented by the Alaska Departments of …

Kiena Gold Mines realized net income of $9.56 million or 81 cents per share on revenue of $39.6 million in 1987. The Placer Dome affiliate attributes the improved bottom line to stronger gold prices w…

Levesque Beaubien will test the financial waters “in the next little while,” to raise exploration funds for NovaGold Resources, The Northern Miner has learned. Geological consultants, Watts, Griffis &…

Atlas Yellowknife Resources has changed its name to PanAtlas Energy Inc. (pa:tse) on a 1-new- for-12-old share basis.

A strong drill intersection has been completed by Gateford Resources on the company’s Cooper gold property. Located 10 miles northeast of Madoc, Ont., the property was partially developed by a shaft i…

Rags to riches stories are not uncommon in the mining business, but few will match the feeling related in Silver Threads Among the Gold. Graphically told by author Mike Macbeth, it’s the Agnico story …

There is no question but that virtually all sectors of the copper business are enjoying good times today after what were, for the producers, some pretty tough years. But as a direct result of those di…

Imperial Metals reports net income for the 9-month period ended Dec 31 of $766,000 or 4.5 cents per share on revenues of $2.7 million. This compares to a loss of $54,000 or 1.4 cents per share after…

On the verge of becoming a gold mining company, Aur Resources of Toronto could become a larger concern much sooner than previously thought possible, the company says. That was the latest news from Aur…

Negotiating for joint development of its Golden Zone property in south central Alaska, Golden Zone Developments has signed a letter of intent with United Pacific Gold Ltd., a private company partly ow…