Lac Minerals, through its wholly owned U.S. subsidiary Lac Minerals (USA), has made a $19-million (US) investment in a zinc mine and several base and precious metals exploration properties in Chile. T…
Light trading volumes and a declining market highlighted activity on the Montreal Exchange this week, where among the “top movers” were some of the larger resource-based companies, including giant gol…
The largest shareholder and parent company of American Barrick Resources, The Horsham Corp., posted a net profit of $42.3 million or 75 cents per share for the 9-month period ended Sept 30. The profi…
After a 40% production increase and a 30% hike in the price of gold, Breakwater Resources has broken out the black ink to record its financial results for the first nine months of 1987. Vancouver-base…
Mining executive J. Malcolm Slack isn’t running Belmoral Mines any more, but he’s not out of mining. The son and grandson of gold miners has other projects on the go, and has developed another interes…
Mining is among industries cited by Technical Service Council in a quarterly survey of job vacancies among 1,700 firms across Canada. The survey, the Council says, represents openings in the mining, m…
The 1987 drilling program at the New World gold project near Cooke City, Mon., confirmed current reserve figures and raised the possibility of additional tonnage, Crown Butte Resources and Noranda Exp…
Consolidated earnings for Giant Yellowknife Mines totalled $9.3 million or $1.33 per share for the 9- month period ended Sept 30. This compares with earnings of $2.8 million or 66 cents per share rea…
Market trends in uranium are creating new situations in which it is becoming more difficult for utilities and producers to accommodate the requirements of each other, Nuexco’s George White, Jr says. A…
Junior gold producer Hycroft Resources & Development is poised to join the big leagues when its second Nevada mine comes on-stream in early 1988. Annual gold output will jump 50,000 oz to 75,000 oz go…
North American Rare Metals reports it has an agreement with IMEX (1987) Exploration and Company Limited Partnership providing for a private placement of $1,500,000 on a flow-through basis, at a price …
Construction and mobilization of the mill equipment is on schedule at its wholly-owned Johnny Mountain gold property located north of Stewart, B.C., Skyline Explorations reports. The recreation hall a…
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