An agreement has been concluded between Rio Algom (TSE) and Teck Corp. (TSE) which should see Lornex Mining (VSE) discontinued as a public company. The tightly held company was incorporated in British…
A 33% increase in production from seven gold mines has enabled American Barrick Resources (TSE) to report record third-quarter and 9-month earnings. The Toronto company increased its gold production t…
Third-quarter earnings were steady for Echo Bay Mines (TSE), despite increased sales from expanded production. The company had net earnings of $13.5(US) million or 14 per share in the third quarter, …
Rockford Minerals (TSE) has agreed in principle to amalgamate with Northern Ranger Minerals (ASE). The terms of the merger are one common share of the new company for each Rockford share held and thre…
Normal mining and milling operations remain suspended at Gibraltar Mines’ (TSE) open pit copper mine near Williams Lake, B.C. The Placer Dome (TSE) subsidiary said one of two alternative contract offe…
Beaufield — J. Murdoch sold 25,000 (Sept) to hold 350,000. Dejour — NIM & Co 1988 bought 1,564,455 (July) to hold 1,564,455. Dumagami — Mentor bought 107,100 (June- Sept) to hold 319,300. Echo Bay …
COATS-listed Wye Resources has reported positive drill results from the Saganaga property located near Kashabowie, 140 km west of Thunder Bay, Ont. The 43-claim property is under option from Curran Ba…
Augmitto Explorations (TSE) has acquired an option to earn a 51% interest in the Bazooka property, adjacent to the western boundary of Augmitto’s gold property near Rouyn, Que. Under the terms of the …
A long term contract with a major U.S. electrical utility is expected to generate revenues of about $45 million(US) for Uranium Resources (VSE), which produces uranium in South Texas using low cost in…
A serious ore reserve miscalculation at the Ketza River gold mine near Ross River, N.W.T., has put Pacific Trans-Ocean Resources (TSE) in a financial quandary. A joint venture partner with Canamax Res…
Drilling will begin soon to establish the continuity and grade potential of a high grade zinc-lead-silver discovery reported by Stratabound Minerals (ASE) at its CNE property near Bathurst, N.B. Massi…
The story of War Eagle Mining is not over yet, but the behaviour of the company’s stock price over the past few weeks bears commenting on. The fate of the company’s property in southwestern Idaho ha…
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