Gold producer Malartic Hygrade Gold Mines (Canada) (VSE) and Gold Texas Resources (VSE) are battling each other in court over a proposed merger involving Gold Texas and two Texas-based junior mining c…
A reassessment of the ore reserves at the Gabanintha mine by Dominion Gold Mines of Australia has increased the reserves now drilled out in the current mining area to over 2.2 million tons at an in si…
Canadian total metallic mineral output in 1988 increased in value by 25.8% to $13.8 billion from $11.0 billion according to a recent estimate by the department of Energy, Mines and Resources. The grea…
A subsidiary of Asarco Inc. has purchased a limestone quarry operator in Virginia. The wholly-owned subsidiary, American Limestone, paid about $2.1 million(US) for Acme Stone, whose quarry is located …
The first applications to the Canadian Exploration Incentive Program (CEIP) are being expected by late April, Peter McLean, Director of CEIP says. The applications will mark the beginning of the new e…
For 9-month period ended Sept 30, 1988. In millions of dollars, except per-share figures. 1988 1987 Assets $1,996,600 $1,815,900 Long-term debt $337,600 $318,000 Revenue $1,160,600 $915,0…
No one’s calling it a rally yet, but recent activity on the VSE is definitely beginning to percolate. Although a spate of profit-taking is causing some downward pressure on a few of the more active go…
Michele Gold Mines (VSE) has acquired a 6-month property examination right on the Midland Nickel Corp. 7-claim property in Pardee Twp., Ont. The nickel-platinum group metals property is near Thunder B…
Production-sustaining investment at Canadian mine sites has declined some 40 sinc 1981 warn th federa departmen o Energ Mine an Resources. The accompanying graph shows annual production-s…
With a 10-year ore supply already in sight and its spanking new 2,000- ton concentrator operating right up to expectations, the Donald J. LaRonde gold-copper-silver mine of Dumagami Mines (TSE) is loo…
Record high metal prices made Falconbridge Ltd. (TSE) a prime takeover target in 1988, and if a bidding war ensues, it could give the nickel miner’s stock some upside potential, according to Toronto a…
The latest drill results from the Eskay Creek project of Calpine Resources (VSE) and Consolidated Stikine Silver (VSE) suggests it’s the largest single gold discovery here in many years. Although no r…
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