Despite some market-oriented setbacks, the financial health of Toronto-based Franco-Nevada Mining (TSE) improved markedly during the second quarter of 1988. Franco-Nevada, which holds a royalty intere…
The fate of a proposed recapitalization plan for Inco Ltd. (TSE) will be decided Dec 9 at a special meeting of shareholders. The $1-billion(US) recapitalization involves the payment of a special cash …
A drill hole (No 88-27) intersected 57.4 ft averaging 0.17 oz gold per ton at a vertical depth of 1,250 ft at the northeastern Ontario joint- venture Harker-Holloway project of Noranda Inc. (TSE) and …
Third quarter earnings for Consolidated TVX Mining Corp. (TSE) was $3.3 million or 11 per share compared to earnings of $1.7 million or 7 per share realized in the same period last year. The company…
With $178.6 million in cash and investments worth $125.9 million Northgate Exploration (TSE) remains in a strong position to pursue its acquisition strategy. The Toronto company recently reported unau…
Regarding your editorial “Flin Flon shouldn’t suffer for Apartheid.” (N.M., Oct 31/88): Apartheid is not an English but Dutch word, meaning separation. According to The Northern Miner, Canadians abhor…
Having sold a portion of its Randsburg, Calif. gold claims to the U.S. exploration wing of Echo Bay Mines (TSE), New York-based DRX Inc. is contemplating what to do with the proceeds. DRX is a holding…
Another high flyer came down to earth this week in a less than stately fashion — War Eagle Mining. Naming it after a bird of prey seems all too appropriate, especially for the investors who bought th…
A recently discovered nickel- copper showing about 70 miles northwest of Chicoutimi, Que., has sparked a staking rush in the past four weeks. The showing is on the northeast corner of a large anorthos…
Gold production from three new Canadian gold mines was reflected on Canamax Resources’ (TSE) recent financial results. The company reported that revenues for the three months ended Sept 30, increased …
Tarzan Gold Inc. (ASE) has recently completed diamond drilling of hole 88-1 on the Main East Zone downward extension of the Joburke mine to a depth of 372.4 m to intersect the ore zone extensions at a…
This week, Mount Pleasant Resources reached an agreement with Cambior whereby it will receive Cambior’s 89% interest in Brunswick Tin Mines Ltd. Mount Pleasant already owns 11% of the issued shares of…
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