Gold production up at Malartic Hygrade
With mill construction at its Congress gold mine under way, Malartic Hygrade Gold Mines (VSE) is looking forward to becoming a much larger gold producer. In 1989, output from a number of Malartic’s Va…
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Terra Mines to lose major asset
Future production at the Amelia mine in Mexico may be stalled due to financing difficulties reported by the mines’ major controller, Terra Mines (TSE). Payments required by the mineral rights purchase…
Equity earnings more than double
Increased sales volumes of gold and silver plus lower production costs more than doubled earnings for Vancouver-based Equity Silver Mines (TSE). Net earnings for the year ended Dec. 31 were $20.6 mill…
Grade improving at depth on Astoria gold project
Impressive gold grades are being confirmed by recent underground exploration work on Belmoral Mines (TSE) and Yorbeau Resources’ (TSE) Astoria gold project, three miles south of here. The companies ha…
NO HEADLINE (March 12, 1990)
TEXT: About to enter production is the newest of Canada’s northern mines, the ambitious Colomac gold project of ABM Gold (AMEX), which is 50% owned by Northgate Exploration (TSE). The mine is located…
Calpine meeting to be held in April
The future of Calpine Resources (VSE) will be determined April 2, when shareholders of the company and those of Prime Resources (VSE) meet to vote on the proposed merger. Calpine shareholders have bee…
International African joins Kinbauri
An amalgamation agreement between Kinbauri Gold (ASE) and International African Mining, a private company based in Ontario, has recently been announced. The deal is conditional upon shareholder and re…
PDAC environmental policy follows principles of MAC
The Prospectors and Developers Association (PDAC) recently released the following “environmental policy”: The PDAC is committed to the concept of sustainable development, which requires balancing the …
Eastmaque boosts production from American Girl
A record monthly rate of gold production was reported by Eastmaque Gold Mines (TSE) from its American Girl mining joint venture in Imperial Cty., Calif. During the month of January, production reached…
Gold acts as a type of `security blanket’ for mankind
Among all the minerals — and there are literally hundreds of them — gold has long played a unique role. Man’s fascination with gold goes back to the beginnings of recorded history. Although gold is …
Noranda buys 21.6% interest in Louvem
Noranda Minerals, a unit of Noranda (TSE), has increased its stake in the Louvicourt Twp. massive sulphide discovery by purchasing an additional 20,000 shares of Societe Miniere Louvem (TSE). Louvem i…
Alberta Stock Exchange Gallery Gold doubles
The share price of Gallery Gold doubled to 50 cents, up from a low of 24 cents during the week ended March 6. Nearly one million shares changed hands before trading was halted today, March 7, pending …