With its new mill at a standstill, the remote Colomac gold mine is now on borrowed time and may have to be shut down altogether when fuel supplies run out in March. Owner NorthWest Gold (AMEX), a 52% …
A package of six royalty and net profits interests (NPI) has been acquired by Euro-Nevada Mining (TSE) from the estate of a prominent Nevada mining prospector-developer for US$562,500, the company say…
After receiving poor exploration results from its Deception Lake property in northern Saskatchewan, Pine Channel Gold (VSE) has decided to drop the property. The move comes after a unit of Noranda (TS…
World Silver Survey, 1950-1990 predicts how the metal will fare in this decade. The book lists market factors that influence today’s silver price and analyses global silver supplies. Also included are…
Limited exploration on the newly discovered “P zone” at Central Crude’s (TSE) Eagle River property in the Mishibishu Lake area of Ontario has returned some encouraging results. While the best channel …
Can-Ex Resources Ltd.(CXZ: VSE) has changed its name to Kintana Resources Ltd. (KIN: VSE) with a consolidation of capital on a 1-new-for-5-old-share basis. The transfer agent is Central Guaranty Trust…
The board of directors of Montreal-based Cambior (TSE) recently approved a feasibility study for the Omai gold project in Guyana, South America, held jointly with Golden Star Resources (TSE). Golden S…
Earnings were down sharply for Cyprus Minerals (NYSE) during its the third quarter ended Sept. 30. The company reported third quarter earnings of US$42.2 million, compared with earnings of US$68.2 mil…
A guide to the international mining community, Mining 1991 is a useful source for those with a global outlook. This annual lists more than 700 public, state-owned and privately held companies, with ad…
With the tender of 97.4% of the outstanding shares of Western Canadian Mining, the company’s major shareholder, Consolidated Brinco (TSE), can proceed with its reorganization plan. Shareholders were o…
ALUMINUM: MW U.S. Market US70.25- 71.75 cents per lb. (Dec. 20, 1990). ANTIMONY: New York dealer US78-80 cents per lb. (Nov. 29, 1990). BISMUTH: New York dealer US$2.80-2.90 per lb. (Sep. 13, 1990). C…
The Ontario Ministry of the Environment recently served Goldteck Mines (TSE) and two of its officers with a notice of its intention to ask the company to take certain steps relating to the overflow of…
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