Arthur Brown, chairman, president and chief executive officer of New York-listed Hecla Mining has been elected to the board of directors of Acadia Mineral Ventures (TSE). The move clears the way for a…
First-quarter earnings of US$798,700 (6 cents per share) on revenue of US$7.3 million were reported by CoCa Mines (TSE), compared with US$94,900 (1 cents per share) on revenue of US$4.1 million for th…
A loss of $610,000 (7 cents per share) was reported by Giant Yellowknife Mines (TSE) for the first quarter, compared with a loss of $183,000 (2 cents per share) for the same 3-month period in 1989. Re…
Regulatory approval for a private placement worth $2.1 million has been received, Radisson Mining Resources (ME) reports. The placement involves 3,387,090 shares at a price of 62 cents per share and w…
Continuing on the acquisition trend, NovaGold Resources (TSE) is planning a takeover of Etruscan Enterprises (VSE), an exploration company with two properties in the Northwest Territories. As part of …
Court dates have been set for several ongoing disputes involving Pioneer Metals (TSE) and Pegasus Gold (TSE). The two companies’ falling-out can be traced back to November, 1988, when Pegasus loaned P…
Gordon Leliever, president of Southern Arizona Mining and Smelting says that the company will not proceed with previously announced share purchases of Catear Resources and Wydmar Development, two comp…
With working capital of $1.6 million, Toronto-based Canhorn Mining (TSE) is getting out of gold and base metal exploration to concentrate its efforts on industrial minerals such as silica and dolomite…
Two awards were recently given to Les Entreprises Minieres Redpath Limitee for safety performance. The Secoroc Trophy is for the lowest accident frequency (1.2) among mining contractors operating in Q…
Volume was light-to-moderate this week but investors seemed to know what they wanted. The general market portfolio index jumped almost 55 points for the week ended May 8, and the mining and minerals i…
In the Eastmain area of Quebec, Kingswood recently staked 280 claims in addition to the 125 claims it already holds in the vicinity of a copper-zinc-silver showing. Several senior companies have also …
Production contributions from the new Ansil and Samatosum mines in the first quarter of 1990 resulted in higher earnings for base metal and gold miner Minnova (TSE). Net income for the quarter increas…
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