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…
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…
High-grade gold mineralization over significant thicknesses was encountered by Cominco Resources International (TSE) during a recent shallow drill program on two 100% owned properties in Turkey. The c…
Just as the exploration industry is adjusting to the sudden elimination of the Canadian Exploration Incentives Program (CEIP) earlier this year, another government program designed to stimulate explor…
Following the acquisition of the WX Syndicate, Placer Dome U.S., a unit of Placer Dome (TSE), is an equal partner with Northern Dynasty Explorations (TSE) in the Little Bald Mountain mine. The mine, a…
Toronto-based Kingswood Explorations (ASE) says it is seeking a joint venture partner to continue exploration on its 404-claim gold property in Lanouillier and Gaudet twps., Que.
An attempt by Belmoral Mines (TSE) to restructure an $8-million debt load took a new turn recently when it agreed to sell its interest in Roddy Resources (TSE) to a Vancouver-based group of companies….
The geographic location of the Harker Holloway gold project of Freewest Resources (ME) was incorrectly identified (T.N.M., May 7/90) in a headline. The proper location is northeastern Ontario, north o…
Newmont Mining’s (NYSE) interests in U.S. and Australian gold operations were the main factors behind an increase in the Colorado company’s first-quarter earnings. First-quarter net income was US$57.4…
An option to acquire a 100% interest in the Vendome zinc deposit in Barraute and Fiedmont twps. near Val d’Or, Que., will be exercised, Ressources Val d’Or (ME) says. The junior is finalizing a series…
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…
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…
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