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…
Gold producer Placer Dome (TSE) has withdrawn from the Omai gold project in Guyana, South America, Golden Star Resources (TSE) reports. Golden Star says it has retained Wright Engineers of Vancouver t…
Toronto-based Biron Bay Resources (TSE) is planning additional drilling work this year on its Summit gold joint venture with NovaGold Resources (TSE) in the Steeple Rock mining district of New Mexico….
The mill at Gays River, N.S., is once again producing lead and zinc concentrates under the direction of owner Westminer Canada, the 100% owned affiliate of Australia- based Western Mining. When Westmi…
The number of inactive gold projects is on the rise, according to Metals Economics Group’s recent study, Potential New Canadian Gold Production. Ninety-nine Canadian gold projects were in reserves dev…
Shares of Borealis Exploration posted a gain of 45 cents to close at $2.05 on volume of 22,500 during the report period ended May 8. Borealis owns several gold and platinum properties at Fat Lake and …
A cloud has been cast over the Toronto-based Flanagan McAdam group of gold mining companies following the recent collapse of a property-share swap agreement with Echo Bay Mines (TSE). The surprise dec…
By 1993 almost $1 billion will be spent annually on about 10 billion pounds of chemicals and materials by Canadian and U.S. mining operations. This will be an increase of almost 37% over 1988, and on …
The Mercur mine lawsuit involving American Barrick Resources (TSE) and Utah exploration company Gold Standard (NASDAQ) probably won’t be tried until later this year. Originally scheduled to begin Apri…
MVP BGR Central Capital Net value $10.86% %$5.73% $0.37% Price $9.375% %$6.000% $0.22% Discount 13.67% %4.7% 40.5% Value $64,670,865 $100,945,800 N/A…
Initial mining and production plant tune-up are under way at Glencairn Explorations’ (ASE) Raw Bean diamond mine in Bahia, Brazil. Glencairn is testing small batches of low-grade ore at its portable p…
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