News

The Australian government has decided not to proceed with proposals to tax the profits of the country’s gold mines or levy a compensatory tax on dividends distributed by Australian companies. The gove…

Despite its name the Nugget Vein at Gunsteel Resources’ gold property seven miles southeast of here contains little or no visible gold. So it’s safe to assume the vein was named by someone who thought…

St. George Minerals says a private placement is being arranged to bring the company’s Fisher gold project into production in 1987. The property is 1.5 miles northeast of its Dean mine property in Neva…

A first closing on a flow-through share offering by Moneta Porcupine Mines will raise $1 million for the company. The funds will finance exploration on several properties held by the company. In Micha…

There might be a little “Christmas Cheer” on the floor of the Vancou ver Stock Exchange but it’s not because the market is all that positive. Despite the pressure of Christmas shopping, investors stil…

Terra Mines reports a “substantial improvement in financial results,” due in part to the elimination of operating expenses at the company’s silver properties and income from its Bullmoose gold project…

The first phase of drilling by Resources Maufort on the Siscoe Extension property near Val d’Or, Que., has confirmed the presence of two distinct gold-bearing hirizons and a major fault zone, the comp…

The true measure of an individual is best determined under fire, an analogy that is probably more applicable to Teck Corp. than any other Canadian mining company. No matter how hard you look, you simp…

Control of Comstock Keno Mines is expected to pass to a financial co mpany by year-end. Stamford Bridge Capital Corp. plans to acquire a 28.5% interest in the inactive mining company. The acquisition …

A first-phase exploration program has been completed on the Lac Storm property in northern Quebec which is the subject of a joint venture agreement between Golden Triangle Mining Exploration and Sever…

Drilling should begin this winter on a little-known gold deposit in northwestern Ontario held for many years by Twin Gold Mines. Located near the Manitoba border, east of Gods Lake, the property at Li…

As exploration ’86 grinds to a close, we must admit feeling somewhat disappointed that, despite one of the biggest programs of exploratory drilling for gold ever seen in this country, no major new dis…