A decline ramp being driven into the Cove gold deposit in Nevada is less than 65 ft from the underground ore zone, Echo Bay Mines (TSE) reports. The ramp, about 600 ft below surface, is designed to mi…
The highlight of the 1989 exploration year for Imperial Metals Corp. (TSE) was the advancement of the Mount Polley copper-gold deposit located northeast of Williams Lake, B.C. This bulk tonnage projec…
A number of issues are emerging as Canadian business organizations assess the impact of the proposed federal Goods and Services Tax (GST). To assist in this analysis, tax specialists Barry Dent and Jo…
Spearheaded by mining executive Malcolm Slack, Deak Resources (TSE) has been organizing and assembling gold and base metal properties in the Rouyn-Noranda, Que., and Virginiatown, Ont., areas with the…
Earnings for Vancouver-based Gibraltar Mines (TSE) were the company’s best in nine years. Nine-month results for the period ended Sept 30 reached $19 million, or $1.58 per share, compared with net ear…
Consumption of potash will continue to increase at about 2% per year until at least the end of the century, Roskill of London predicts. The research company says world production of potash in 1988 hit…
A decline in world antimony prices has forced Dominion Explorers (TSE) to seek federal government support for a work-sharing program at its New Brunswick antimony mine. Dominion said a 12% reduction i…
New producer Cheni Gold Mines (TSE) reported earnings of $1.76 million or 16 cents per common share after an extraordinary item for its third quarter ended Sept 30. Cumulative earnings for the seven …
FREE MARKET London Metal Exchange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date Nov 7 Nov 6 Nov 3 Nov 2 Nov 1 Copper 1662-16…
Preliminary assay results from recent drilling on Bitech Corp.’s (ASE) Betts Cove property in northern Newfoundland have encouraged the company. The property is about two kilometres south of Bitech’s …
In 1982, Atlas Copco Canada established at Haileybury School of Mines an annual scholarship of $500 for a student in the school’s mine maintenance program. In 1989, the value of this scholarship was i…
First-quarter earnings for FirstMiss Gold Inc. (NASDAQ) fell to $621,000(US) or 3 cents per share for the period ended Sept 30, compared with earnings of $771,000 for the same period in 1988. The com…
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