Producer Glamis Gold (TSE) posted a 12 cents-per-share profit for the third quarter of fiscal 1994, compared with 1 cents per share in the same period of the previous year. The increase is largely due…
Further strength in the price of gold helped to turn western markets around, with the Vancouver Stock Exchange resource index posting a 26.24-point gain to 1,671.27. The composite index also closed hi…
The Ontario Prospectors Assistance Program (OPAP) has provided funding for 215 projects this year. The Ministry of Northern Development and Mines says $2 million was allocated to OPAP for 1994. The mi…
The Canadian Mining Hall of Fame has issued its yearly call for nominations, which will lead to the induction of a new group of individuals early in 1995. These future inductees will be honored at a d…
A feasibility study has been commissioned for Orleans Resources’ (ME) St. Onge Twp. wollastonite property near Lac St. Jean, Que. The decision was made following the release of a prefeasibility study …
Having drilled a total of 4,618 metres in 53 holes, Northern Crown Mines (VSE) estimates the geological resource of its Guadalupe property in Mexico to be 4.75 million tonnes grading 1.53 grams gold p…
A 44% increase in gold production from the Castle Mountain mine has enabled Viceroy Resource (TSE) to post earnings of $11.25 million for the year ended March 31. The figure is more than double the $5…
Junior Golden News Resources (VSE) has commissioned an Arizona-based firm to engineer and construct the Luz del Cobre copper project in Mexico’s Sonora state. M3 Engineering & Technology of Tucson wil…
Montreal-based Nora Explorations (ME) has completed a $150,000 private placement. The funds will be used to explore the company’s alluvial gold and diamond Kade concession in Ghana, West Africa, as we…
Beginning this summer, prospectors will have the opportunity to promote their properties on a special “Prospector’s Page” in Canadian Mining Journal (CMJ). The CMJ will publish 120-word descriptions o…
Toronto-listed International Platinum (IPC) has hired the U.S. geological and engineering firm of Behre Dolbear & Company as its independent technical consultant. Behre Dolbears’ initial assignment is…
Total gold production of Cambior (TSE) is expected to increase by about 10% this year to nearly 580,000 oz. The Montreal-based company is counting on a full year of production from its 65% owned Omai …
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