News

Favorable foreign investment laws combined with attractive gold potential have convinced some Canadian mining firms that risk taking in the mountains of Chile is bound to pay off. Currently the third …

The Denison-Potacan Potash Company, a partnership of Denison Mines (TSE) and Potash Company of Canada, has been as thorough in its implementation of rock mechanics engineering at its Sussex, N.B., pot…

Atlantic Goldfields announced a share buy-back plan this week. It intends to buy back certain of its issued shares through open market purchases starting Oct 24. The maximum number of common shares to…

Because going- it-alone to production is proving too costly a proposition for many juniors in British Columbia these days, a good many of the province’s advanced projects seem to be finding their way …

A new $120-million mine has begun producing concentrates in northern New Brunswick. Lead/ zinc concentrates from the 2,000- tonne-per-day Caribou mine/mill complex should be on their way to Europe by …

The anniversary of “Black Monday” (Oct 19/87) came and went without too much fuss in Vancouver, and appeared to have no significant effect either way on trading patterns which have been stuck in a sid…

A Calgary-based company topped the most-active list in Alberta again this week. In much lighter volumes of 300,000, Varna Gold traded as high as 50 and as low as 36 . The issue, which has a promising…

Exploration work at the old Tulsequah Chief mine in northwestern British Columbia has outlined massive sulphide mineralization in a brand new zone called the G lens. The property is being explored by …

Professional ethics took a front seat at the annual meeting of Acadia Mineral Ventures (TSE) in Toronto recently. Several shareholders expressed concern about apparent discrepancies in tonnage and gra…

A reassessment of the ore reserves at the Gabanintha mine by Dominion Gold Mines of Australia has increased the reserves now drilled out in the current mining area to over 2.2 million tons at an in-si…

The Ketza River gold mine enjoyed its best operating month yet since starting operations last summer. Operated by Canamax Resources (TSE) and held equally with Pacific Trans-Ocean Resources (TSE), the…

Anglo Canadian Mg — R. Stokes bought 23,000 (Aug-Sept) to hold 572,401. First Canadian Gold — J. Gill bought 400,000 (private) to hold 1,441,413. Mahogany — Goldsil Res bought 48,700, sold 83,500 (…