Fueled primarily by higher corporate earnings, stocks on the TSE moved up sharply to end the week. Apparently, the earnings reported by many of the major corporations have far exceeded expectations. O…
Vancouver-based Maymac Petroleum (VSE) has paid $US500,000 for the Crescent Valley placer gold mine within Nevada’s Battle Mountain Trend. The property consists of 8,500 acres and a mill capable of pr…
Junior Southwestern Gold (VSE) has outlined three new zones on three properties in southeastern Peru. At the Tapairihua property, 140 km southwest of Cuzco, a 500-metre-long skarn zone has been outlin…
A staking rush is heating up near Yellowknife, N.W.T., fueled by reports that a local prospecting syndicate intersected kimberlitic material while drilling a blind geophysical target about 25 km south…
By acquiring three properties next to the Aldebaran concession in Chile, Arizona Star Resource (VSE) will have an interest in more than 32,000 acres in the country’s Maricunga district. Arizona Star i…
Sanchez Mining, a wholly owned subsidiary of AZCO Mining (TSE), will construct a $40.6-million processing plant in southeastern Arizona. The contract was awarded to Davy International, which has exper…
In 1993, Claude Resources (TSE) earned $4.5 million, or 45 cents a share, on revenues of $29.8 million. The company operates the Seabee gold mine north of La Ronge, Sask., which produced 57,000 oz. go…
Australia-based Whittle Programming has developed two software packages to determine the most economical shape for an open pit. The two packages. Three-D and Four-D, are also designed to help indicate…
Ruby Mountain Mines (RUB:VSE) has changed its name to Syrus Capital on a 1-new-for-3-old-share basis.
A year-long celebration has begun, marking the 150th anniversary of the discovery of iron ore in the Lake Superior region. Transportation, construction, industry, communications, national defence and …
A 15,000-ft. rotary drill program has begun on World Wide Minerals’ (TSE) Easter gold project, 110 miles northeast of Las Vegas, Nevada. The property, which adjoins a major past producer, contains a p…
Favorable exchange rates, improved lead prices and positive adjustments to year-end inventories more than offset weaker prices for zinc and copper, enabling Brunswick Mining and Smelting (TSE) to earn…
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