Omni leasing Venus mill to process Skukum ore
By leasing the former Venus mill from an affiliate, Omni Resources (VSE) hopes to have its Skukum Creek gold property in production later this summer. The mill was previously leased from United Keno H…
News
Lower silver prices during first quarter cut Agnico’ income
Despite an improved operating performance at Agnico-Eagle Mines’ (TSE) gold division, depressed silver prices and higher operating costs, put a slight damper on the company’s first quarter results. Wh…
Royex reports 2nd-quarter income of $1.2 million
Net income of $1.2 million before unusual items and $3.4 million (4 cents per share) after unusual items was reported by Royex Gold Mining (TSE) for the second quarter ending March 31. For the same pe…
Stratabound gets funds for Indin Lake drilling program
Through a number of private placements and flow-through share agreements, Calgary-based Stratabound Minerals (ASE) has raised about $800,000 to finance exploration on its New Brunswick and Northwest T…
Corona boasts net earnings of $3.6m. for second quarter
Second-quarter earnings of $3.6 million (4 cents per share) before unusual items, and $3.3 million (4 cents per share) after unusual items, were recorded by International Corona Resources (TSE) for t…
COATS Trading Features (June 06, 1988)
Placer Pacific, the affiliate of Placer Dome Inc., which is developing several big gold mines in Australasia, traded 64,475 shares today. The price advanced to $2.30 per share. Winteroad Resources was…
Gross award is presented
The first William Harvey Gross award, consisting of a medal and a cash supplement through an endowment provided by Lacana Mining Corp., was awarded to Robert Kerrich of the University of Saskatoon by …
Andaurex option deal
A joint venture agreement has been signed between Andaurex Resources (VSE) and High Frontier Resources, a private company. High Frontier has the right to earn a 50% interest in Andaurex’s gold propert…
Meeting will focus on mineral economics
The 5th Minerals Economics Symposium, a bi-annual meeting sponsored by CIM (Canadian Institute of Mining and Metallurgy), is set for Jan 24-26, 1989, at Toronto’s Westin-Harbour Castle Hotel. The symp…
Pezim consolidating control of Delware and SNIP project
Just how serious Murray Pezim is about keeping control of Delaware Resources (VSE) has become more than evident. Several companies in his Prime Capital Group have announced plans to purchase Delaware …
People (June 06, 1988)
Royex Gold Mining Corp – Peter McBride appointed director, public and investor relations and Igor Levental, director, acquisition and evaluations…
Wawa area survey results released by Ont. ministry
The result of a recently completed airborne geophysical survey covering an area of 4,000 sq km surrounding Wawa, Ont., have been released, Mines Minister Sean Conway said recently. “These are the firs…