News

Pre-feasibility under way at Athabaska Gold project

Drilling at the Nicholas Lake gold project held by Athabaska Gold Resources (TSE) and Chevron Minerals has been placed on hold while the partners complete an initial feasibility study. Situated 60 mil…



Echo Bay poised for turnaround

Misinterpretation of reserves at the McCoy/ Cove mine and again at the Magino and Magnacon mines has cost Echo Bay Mines (TSE) millions of dollars. In 1989, Echo Bay’s per-share earnings dropped to 16…


News in Brief (June 18, 1990)

Moss Resources and Power Explorations have amalgamated to form Moss-Power Resources Inc. (MSP:TSE) each on a share-for- share basis.


Silidor mine running smoothly

Owners of the Silidor gold mine, just outside the western boundary of this northern city, have high expectations for the project. Operator Noranda (TSE) and partners Cambior (TSE) and Nova- Cogesco Re…




ASARCO to develop Frasergold

A Canadian subsidiary of ASARCO (NYSE) recently entered into an agreement to earn a 50% interest in Eureka Resources’ (VSE) Frasergold property in central British Columbia. Under its terms, ASARCO is …



Bridger commissions Chilean mine

Bridger Resources (VSE) reported a reduction in gold production at the new La Pepa mine near Copiapo, Chile, because of mechanical problems during the startup phase of operations. The mine is operated…



Bank commodity index unchanged in April

The all-commodity index of Scotiabank was unchanged in April from the previous month. Economist Patricia Mohr reports stronger prices for metals and minerals, and forest and agricultural products, off…


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