Seeking funds to help bring a joint venture gold project in Ghana, West Africa, into production, Sikaman Gold Resources (TSE) has arranged a public offering designed to raise up to $15,150,000. The co…
Between 1983 and the end of 1988, flow-through share (FTS) financing raised some $3 billion for mineral exploration in Canada. Even though it typically takes years of exploration to identify a commerc…
Annual production at Brunswick Mining and Smelting Corp.’s (TSE) No 12 lead-zinc-silver mine near Bathurst, N.B., was up slightly last year compared with 1987. Total ore milled by the company increase…
Andrew (Andy) S. Robertson, described by associates as one of the last of the “gentleman miners,” died Feb 26 at his home in West Vancouver. Born Jan 12, 1902, Robertson studied mine engineering at Mc…
Falconbridge Ltd. Chairman William James recently dispelled reports that he is negotiating to buy the Nonoc nickel project in the Philippines. No discussions have taken place between the government of…
Mixed trading, in part the result of concerns over rising inflation, higher interest rates and relatively unexciting precious metals prices, saw the ME market portfolio dive more than 29 pts this week…
Drilling is continuing on the Golden Heart deposit near Weedy Lake, Sask., where recent drill holes have intersected more high grade gold values across wide widths, Golden Rule Resources (TSE) says. O…
Over the last few years, the mining industry in northwestern Ontario has created more new full- time jobs for the region than any other industry. It is growing at an unprecedented pace, with two new m…
The two publicly traded companies that own Alta Gold Company, a precious metals producer based in Salt Lake City, Utah, are planning to merge. Silver King Mines (NASDAQ) and Pacific Silver Corp. (NASD…
Hillsborough Resources (TSE) earned $1.4 million or 30 cents per share in 1988, compared to a profit of $1 million or 23 cents per share in 1987. Revenue of $34.1 million was up 2% from $27.9 million…
Active on the Canadian mining exploration scene for many years, A. Lew Parres has been chosen Prospector of the Year by the Prospectors and Developers Association of Canada (PDAC). Parres will re ceiv…
A drill program on the silver property controlled by Sandy K Mines, a private company, will focus on drilling off three silver-bearing veins. Situated near Gowganda, Ont., the Sandy K property is bein…
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