Geologist Michael Riddell says his tse-listed company, Coxheath Gold Holdings of Halifax, is going to tread very softly exploring a gold property in Nova Scotia, near the town of Bridgewater. Located …
Geologist William Young is confident his company, Northumberland Mines will give New Brunswick its first, albeit small, full- fledged precious metals mine within a year. The provincial government has …
Its Kingston mill having been commissioned in March, Vancouver-based Nevada Goldfields shipped about 1,100 oz gold during that month, the company reports. Nevada Goldfield’s new mill is a 500-ton-per-…
How is mining tax (in particular, processing allowances) determined in the province of Ontario? Also, I have heard that the Ontario mining tax rate has recently been lowered by the provincial governme…
N.Y. Commodity Exchange Week’s High Low Close Change COPPER (in US cents per lb.) July 76.20 73.70 76.15 + 3.80 Sept….
All of Queenstake Resources’ gold mining properties are “meeting their 1987 production and operating cost projections,” says Gordon C. Gutrath, president. Approximately 780 oz of June gold production …
A new gold-bearing zone has been discovered by Coxheath Gold Holdings on its Tangier property located 50 mi northeast of Halifax, N.S. President Michael Riddell reports the following assays of drill c…
Geomaque Explorations has completed a geophysical survey on its 29-claim property in Bourlamaque Twp., Que. The work outlined several anomalies which have never been drill tested.
With three new high grade mines coming onstream by 1989, greater cash flow and clean balance sheet, Minnova Inc. looks like a worthwhile bet to a couple of Toronto brokerage houses. In a report titled…
COATS-listed Luxor Explorations has announced a private placement issue for an aggregate consideration of $238,464. Under the terms of the placement, Luxor issued 1,028,858 common shares and a share p…
Drilling is under way on Greenstone Resources’ Gwillim gold mine property in the Chibougamau area of Quebec, President Ian Park reports. The drilling is being undertaken by Flanagan McAdam Resources a…
Diamond sales during the first six months of 1987 were 28% above sales for the same period last year, the Central Selling Organization of De Beers Consolidated Mines reports. Sales of rough stones tot…
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