The Mineral Development Agreement (mda) between the governments of Canada and British Columbia is at the mid-point of its 5-year (1985-1990) term. It is, therefore, a natural time for review. Briefly,…
Profits keep climbing for Lornex Mining Corp., which reports 1987 earnings of $44 million, or $5.32 per share, up 61% from $27.3 million or $3.30 per share in 1986. Revenue rose to $209.3 million from…
Drilling should begin this week on a gold bet 120 miles east of metro Toronto. Known as the Addington property, it has geological reserves of 785,000 tons grading 0.13 oz gold per ton, according to Ca…
Toronto-based Sparton Resources has agreed to option its 50% interest in a property in Estrades Twp., in northwestern Quebec, to Lacana Mining Corp. Golden Zone Development holds the remaining 50%. To…
A purchase agreement with Esso Resources Canada has been completed by Inco Gold for all of Esso’s interest in the Red Lake claims in northwestern Ontario held by the Wilanour partnership (Wilanour Res…
A heritage resource — what does it mean? To most people “heritage” means a birthright, a tradition, culture or characteristic inherited from the past. Why preserve the Britannia Mines, and specifical…
Another gold property in Halifax Cty., N.S. will likely start pouring gold at a commercial rate July 1, 1988. Toronto-listed Coxheath Gold Holdings announced at its annual meeting in Halifax this week…
Breakwater Resources reported earnings of $4.2 million or 19 cents per share for the year ended Dec 31. This compares to earnings of $925,000 or 5 cents per share in 1986. “The substantial increase …
Following some encouraging results at Golden Terrace’s Richardson Lake gold project northeast of Red Lake, Ont., the Toronto company is seeking a partner to finance the project to production. During a…
As holder of 100 Bethex Exploration shares, I notice that this company has not traded for some years. It is rumored that Bethex was absorbed by another company and new shares issued. Could you let me …
A relative newcomer to Nova Scotia gold action is Midas Minerals. President Karl Skobe has said that although the company is based in Toronto, its largest investor base is in the Sudbury area of Ontar…
Australian mining company Ashton Operations Inc., an affiliate of Ashton Mining Ltd., has acquired an option to earn an interest in claims held by Freewest Resources. Ashton can earn a 65% interest in…
By continuing to browse you agree to our use of cookies. To learn more, click more information
Dear user, please be aware that we use cookies to help users navigate our website content and to help us understand how we can improve the user experience. If you have ideas for how we can improve our services, we’d love to hear from you. Click here to email us. By continuing to browse you agree to our use of cookies. Please see our Privacy & Cookie Usage Policy to learn more.