Lower profits from Pine Point Mines and an operating loss at the Trail smelter brought about a significant drop in net earnings for Cominco (TSE) in its 1990 third quarter ended Sept. 30. Consolidated…
Three new shafts and three miles of haulage make up the bulk of Inco’s (TSE) recently announced $287-million investment for Thompson, Man. The three shafts, each 3,700 ft. deep, will develop the 1-D o…
Partners Inco Gold and Golden Knight Resources (TSE) are planning to expand production at the Casa Berardi West mine at the beginning of 1991, although the details of the expansion have yet to be fina…
Recent increases in oil price brought on by the Persian Gulf crisis helped boost the earnings of Denison Mines (TSE) in the 3- month period ended Sept. 30. The company’s net earnings rose to $7.51 mil…
Calgary-based Stratabound Minerals (ASE) expects to bank revenues of $1-1.5 million from a recently completed bulk sample run at the Heath Steele Mines mill near Bathurst, N.B. The 12,000-ton sample, …
Although best known for holdings in northwestern British Columbia, Integrated Resources (ASE) and Capra Minerals (ASE) recently announced plans to acquire a 45% interest each in a Nevada gold project….
A recent drill program on the Golden Bear property in northwestern British Columbia is focused on testing for extensions of known mine reserves. The gold mine project is a joint venture between Chevro…
Ontario mining companies have rushed in to take advantage of exploration grants provided under the recently amended Ontario Mineral Incentive Program (OMIP). Since the amendments took effect in Septem…
Recent drilling results from the Tulsequah Chief project in northwestern British Columbia helped initiate a free fall in the share price of Redfern Resources (TSE). The junior has earned a 40% interes…
Triangle Resources Inc. (TLI: VSE) has changed its name to Mortcorp Enterprises Inc. with a consolidation of capital on a 1-new-for-3-old-share basis. The new company has no further interest in mining…
Recent drilling by Bema Gold (TSE) has expanded the reserve potential of the Verde deposit, one of three known mineralized bodies on the company’s 50% owned Refugio gold property in northern Chile. Bu…
Toronto-based Redstone Resources (TSE) has purchased a 2% gross royalty in the Midwest uranium deposit from Esso Resources Canada for $3 million. A production decision on the Saskatchewan deposit, whi…
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