** advised ** Changes in production and use patterns around the world are causing profound changes in the U.S. mining industry which, by consolidating its efforts, should rid itself of obsolete plants…
St. Genevieve Resources and Societe en Commandite Sofimines 1987 have entered into an agreement whereby Sofimines will contribute $326,400 towards the former’s exploration programs in exchange for 65,…
An impressive-looking zinc discovery has been made west of Watson Lake, Yukon, by Fairfield Minerals and Getty Resources. Only a portion of the structure hosting the deposit has been tested and geolog…
The recent rise in copper prices couldn’t have come at a better time for Audrey Resources, which recently started producing underground at its Mobrun polymetallic mine in northwestern Quebec. The comp…
Encouraging drill results are coming from a broad 2,460-ft long strongly altered zone on the Lac Rouleau property, partners Falconbridge Ltd. (51%) and Beaufield Resources (49%) say. The claims are pa…
Additional drilling is slated in l988 on Faraway Gold Mines’ Sam claim group near Equity Silver’s mine southeast of Houston, B.C. Preliminary results from a $500,000 program carried out this year, in…
American Barrick Resources could be the first Canadian mining company to top one million oz in annual production with its output coming solely from North America, says a report by Merrill Lynch mining…
For the first time since copper prices began to weaken in 198l, Gibraltar Mines has reported a 9-month profit. Earnings were $963,000 or 8 cents per share, compared to a loss of $3,470,000 or 30 cent…
Following a successful $1.5-million spring program of drilling and development work, Golden North Resources is spending a further $617,000 to drill the Canty East target area of its Nickel Plate Mount…
Production at Mascot Gold Mines’ Nickel Plate operation near Hedley, B.C., has traditionally been from underground workings, despite the fact there is a major open pit mine there today. But Mascot has…
Net income of $13.5 million (59 cents per share) on revenue of $64.4 million was recorded by Cambior Inc. during the first nine months of 1987. (Cambior was inactive prior to July 31, 1986.) In the th…
Minnova Inc. recently completed approximately 4,000 ft of drilling on International Maggie Mines’ Indian River property near Squamish, B.C. The drilling defined two mineralized exhalite horizons withi…
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