News

Encouraging trench sampling results have been reported by Mishibishu Gold (VSE) from its Pukaskwa gold project about 110 km west of Wawa, Ont. The work was performed along a 4.2-km strike length of th…

Martin Reynolds, vice-president and director of Nesbitt Thomson Deacon Inc. re-elected to the position of chairman of the board of directors for the 1990/91 fiscal year.

James Kermeen and Gary Drummond appointed to the board of directors; Raymond Maret resigned from the board.

Michael Emery appointed assistant to the vice-president, smelting and refining.

A review of recent trends in the nickel market has led analysts at Richardson Greenshields to forecast a positive outlook for nickel prices over the next year. “There is no sign of an end to the curre…

During the first six months of the year, gold production from the Golden Reward heap leach operation in the Black Hills gold camp of South Dakota amounted to about half of United Coin Mines’ (TSE) tar…

MVP BGR Central Capital Net value $10.88 $5.52 $0.34 Price $9.375 $5.500 $0.20 Discount %13.83% %0.4% 41.2% Value $64,786,475.29 $92,533,650 N/A…

Franco-Nevada Mining, Placer Dome and Corona A were among the issues which benefited from an increase in the price of gold bullion for the week ended July 3. Analysts attributed the advance to US$362….

Quebec’s 26 producing gold mines in 1989 turned out almost 36 million grams of the precious metal, but a lower world price of gold resulted in a drop of 10.1% in total value compared with 1988. Provin…

Billiton Resources, a unit of Royal Dutch/Shell Group of Companies, recently made an offer to buy the 32.9% interest in the Hanson Lake polymetallic deposit owned by Trimin Resources (TSE). The terms …

With the recent discovery of a new, higher- grade zone within the Verde deposit, Bema Gold (TSE) is projecting a sizable increase in reserves at its joint venture Refugio gold project in Chile’s Maric…

Toronto-based Redstone Resources (TSE) is increasing its interest in the Falconbridge Dominicana nickel operation in the Dominican Republic, shareholders were told at the annual meeting. The company w…