Chartered Accounting firm Peat Marwick Thorne has issued its 1994 Financial Reporting Survey of the mining industry. The survey reviews the accounting and financial reporting practices of 50 mining co…
Having completed magnetometer and induced-polarization (IP) surveys, Murgor Resources (VSE) reports that diamond drilling is finally under way on the Barry Twp. property in northwestern Quebec. The in…
Western markets continue to suffer the winter doldrums as the Vancouver Stock Exchange resource index fell 35.88 points to a 52-week low of 1,112.52 for the report period ended Feb. 14. The composite …
Underground drilling at the Golden Bear mine in northwestern British Columbia continues to provide encouragement for Wheaton River Minerals (TSE) and North American Metals (TSE). All surface and under…
This could be a busy year for Battle Mountain Gold (NYSE). Along with plans to increase production at existing operations around the world, the company will continue to work several exploration projec…
Despite a slowdown of mining activities, USMX (NASDAQ) earned US$330,000 (or 2 cents per share) last year, compared with a net income of US$2.6 million (or 17 cents per share) in 1993. The company’s o…
Demand for antimony has recovered somewhat with the general economic revival, but prospects for growth in the main markets for antimony metal are small, says research firm Roskill of London. On the ot…
In the fourth quarter, MSV Resources (TSE) established a new record for copper production. The Montreal-based company mined more than 129,000 tons of ore to yield 4 million lb. of the red metal from i…
Exploration has begun on the Jeremie Twp. gold property in northern Quebec. The 195-claim property, owned by Canadian Golden Dragon Resources (VSE) and Cyprus Canada, is adjacent to, and west of, the …
Toronto-listed Caledonia Mining reports a partial closing on the European portion of its private placement of unsecured convertible debentures. To date, $20.5 million of the planned $20.6-million plac…
Gold Funds as of Feb. 6 BGR Central Net Value $16.02 $6.46 Price $12.75 $6.125 Discount 20.40% 5.2% Value $125,529,000 $110,858,213…
Part VII of the Mining Act of Ontario, which deals with matters relating to the environmental reclamation of mining lands, was proclaimed into force in 1991. The first important decision interpreting …
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