A loss of $114,000 on revenues of $423,000 was reported by Cathedral Gold (TSE) for its 1991 third quarter ended Sept. 30, compared with a loss of $202,000 on revenues of $581,000 for the comparable p…
In last month’s column, I pointed out a few shortcomings with the major study on competitiveness done by Professor Michael Porter of Harvard University for Ottawa. In spite of certain weaknesses in th…
Placer Dome stunned investors and angered executives at International Corona during the week ended Dec. 17 by pulling out of a $240-million proposal to develop the Eskay Creek gold deposit in British …
Soquem, a Quebec government-owned exploration concern, has taken an option on Kingswood Explorations’ (ASE) 60-claim property in the Eastmain River area of northern Quebec. In order to earn a 50% inte…
Osborne and Chapel Goldfields (TSE) has received final approval to purchase Odin Mining and Investment’s 48.6% interest in the company for US$1.65 million. Under the transaction, Osborne will retain a…
Originally a mining exploration company, Calgary-based Gateford Resources (ASE) plans an amalgamation with closely associated Landmark Corp. (TSE). Under the aegis of Vancouver businessman Gary Van Ne…
A $10-million feasibility study to be completed next year will be used by International Corona (TSE) as a bankable document to continue development of the Eskay Creek project, now estimated to contain…
Although 1991 was not a particularly good year on the financial front, Westmin Resources (TSE) enjoyed an extraordinarily successful year exploring its Myra Falls mine property near Campbell River, B….
Extensions of zone A at the Courville gold property northeast of Val d’Or, Que., may have a lower grade than that found in the centre of the zone, Cache Explorations (ME) says. A summer drilling progr…
Having completed the purchase of the Bell Creek mine and mill at Timmins, Ont., from Canamax Resources (TSE), Falconbridge Gold (TSE) says it intends to reopen the mill early in 1992 to process ore fr…
A second phase of drilling is scheduled to begin shortly on the Figuery project near Amos, Que. Mountain Beaver Resources (CDN) has an option to earn a 50% interest in the prospect by spending $4 mill…
Week’s Price (US) Change Gold* $357.50 – $10.20 Silver* $ 3.89 – $0.12 Platinum* $348.75 – $19.35 Nickel** $ 3.24 + $0.01 Lead** $ 0.24 $0.00 Copper $ 0.98 – $0.02 Zinc $ 0.52 – $0.02 Courtesy of Scot…
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