The VSE resource and composite indices remained little changed over the week ended April 9. The resource index posted a 4-point drop to 570.34 while the composite index remained virtually unchanged at…
Any way you look at it, the year 1990 will not be remembered fondly by many Canadian mining companies that have seen their profits plunge in the wake of falling metal prices, high interest rates and r…
Underground drilling at the Samatosum mine near Kamloops, B.C., has extended the strike length of the new zone of mineralization to about 50 metres in total. The Samatosum mine is owned 70% by Minnova…
Exploration budgets totalling about $2.5 million are being planned for a number of projects in British Columbia’s “Golden Triangle” held directly and indirectly by Goldbelt Mines (VSE). Goldbelt and a…
The Women’s Association of the Mining Industry of Canada (WAMIC) will present its “South of the Border Fiesta” at Sheehan’s farm at Caledon East (northeast of Toronto) on Sept. 7 between 11 a.m. and 6…
A work program operated by BP Resources Canada (TSE) will begin next month to test a sulphide system with associated copper, gold and arsenic defined on the Cat property last year. The property is nor…
A tentative agreement between Westmin Resources (TSE) and Pioneer Metals (TSE) calls for Pioneer to transfer to Westmin its 40% interest in the Premier Gold project near Stewart, B.C. In return, Westm…
A list of Canada’s best paid corporate executives in 1990 would include Chairman Donald Phillips of Inco (TSE) and President Anthony Petrina of Placer Dome (TSE). Information on executive salaries is …
A merger agreement between Hecla Mining (NYSE) and CoCa Mines (NASDAQ) has been amended in order to establish the number of Hecla common shares to be issued in Hecla’s acquisition of CoCa. The number …
The Highland Valley Copper mine, southwest of Kamloops, B.C., has been recognized for maintaining the highest standard of job safety in a British Columbia mine during 1990. The award was presented by …
Active trading marked the week ended April 9, with daily volumes ranging between 4.5 million and 7.6 million shares. The market portfolio was off by almost 9 points on the week, with the mining and mi…
Driven by threats of a miners’ strike in the Soviet Union, shares of Toronto-based Inco (TSE), the western world’s largest nickel miner, recently equalled their high for the year of $39.63. However, a…
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