First gold pour at Golden Bear
Despite a rocky start on the road to production, the Golden Bear mine in northwestern British Columbia poured its first gold bar on Jan. 31. Sized at 360 tonnes per day, the mine is operated by North …
News
SAM drilling at Timmins gold bet
Southern Arizona Mining & Smelting (COATS) has acquired a 19-claim gold property in Mallard Twp., near Timmins, Ont., and a 10,000-ft. diamond drilling program is scheduled to get under way this month…
COATS (over-the-counter) Milestone active
Shares of Milestone Exploration came to life recently with trading activity in the 40-55 cents range after a long period of dormancy at around the 20 cents -level. There were four transactions involvi…
FINANCING (February 19, 1990)
Dunvegan – 325,000 non-flow-through & 325,000 flow-through offered @ 70 cents per unit. Consolidated Harlin – 1,000,000 offered @ 18 cents per sh. Strike Egy – 643,745 sold for gross $1,223,115.50 Wes…
Hot intercept puts spotlight on Casa Berardi
Shades of the early 1980s! The Casa Berardi area of northwestern Quebec is again the focus of gold- exploration attention following the release of a single drill hole result. Project partners Inco (TS…
Ownership settled at Jasper mine
Now that ownership rights to the northern Saskatchewan claims hosting the Jasper gold mine has been settled, Cameco and Shore Gold Fund (ASE) are moving to bring the property into production by April …
North Lily reports nitrate reserve
An initial nitrate reserve estimate of 27.7 million tonnes, using a cutoff grade of 4% nitrate, was reported recently by North Lily Mining (NASDAQ) for its Taltal iodine/ nitrate project in northern C…
Study puts expansion cost for Porgera at $660 million
Studies are complete for a staged expansion of the Porgera gold mine project in Papua New Guinea, taking into account an increase in the capital cost of the project and higher total production of gold…
Letters to the Editor Deal upsets shareholder
As a minority shareholder of both Flanagan McAdam Resources and Muscocho Exploration, I write to express my extreme displeasure with the deal made by these companies and Echo Bay Mines, the largest sh…
New decline and drift for Hecla’s Republic mine
A tour of underground and surface milling facilities at the Republic gold mine owned by Hecla Mining (NYSE) is somewhat reminiscent of a miner’s version of the popular movie Back to the Future. The mi…
Newhawk, Granduc double reserves
A systematic and thorough approach to exploration by project operator Newhawk Gold Mines (TSE) has brought about an impressive increase in proven and probable reserves for the West zone on the Sulphur…
Battle Mountain files for public offering
Houston-based Battle Mountain Gold (TSE) has filed with the U.S. Securities and Exchange Commission for a proposed public offering of five million common shares. Goldman, Sachs & Co. will be the lead …