A drill hole on the Fontana property in Duverny Twp., about 50 km northwest of Val d’Or, Que., has returned significant gold values in the vicinity of the Hooper- Bunkhouse vein junction. The property…
Recent drilling by Cache Resources (ME) on Parquet Resources’ (ME) Courville Twp. property, 19 miles northeast of Val d’Or, Que., has confirmed the presence of significant gold values in a previously …
Year-end estimated exploration and predevelopment expenditures in northern Saskatchewan in 1989 were $71 million, compared with $105 million in 1988. While expenditures on uranium rose, those on gold …
Societe Miniere Louvem (TSE) says that under an arrangement approved before Christmas, it will pay out a 0.935 cents dividend to preferred shareholders of record on Feb. 26. The arrangement between ma…
In terms of gold production, Placer Dome (TSE) surpassed the 1-millionth-oz. level for the first time ever in 1989. While that’s good news for shareholders, it also means the company has to replace th…
J.G.”Jim” Powley, vice-president of Midland Capital Corp. and a broker well known in Toronto’s mining circles, died suddenly March 4. He had just turned 50. Powley, a professional accountant who becam…
Valentine Gold Corp. has changed its name to Point Resources Ltd. (PTZ:VSE) on a 1-new-for-10-old-share basis. Transfer agent is Central Guaranty Trust Co. NA6…
The continued slide in the price of gold has not deterred Vancouver players from taking part in a shopping spree this past week. Although gold fell about US$4 to the US$404-level, the Vancouver Stock …
Having sat in numerous South African cricket grounds (nearby if not actually next to blacks) for the privilege of watching the West Indies Geriatric XI, the Sri Lankan third XI or the English Getting …
Earnings for the year ended Dec. 31 were up over the previous year for Teck (TSE). Net earnings for the period were $106 million on revenues of $414 million versus the previous year’s earnings of $105…
Weakened potash markets and reduced production in its oil and gas divisions had a negative impact on the financial results reported by Toronto-based Denison Mines (TSE). The company had a loss of $3.4…
Drafting the regulations that will govern assessment work rates in Ontario is proving to be a controversial exercise. At least one junior exploration company has accused the Ontario government of adop…
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