The Winston Lake zinc-copper-silver-gold deposit, near Schreiber in northwestern Ontario, has become the focus of a lawsuit. Toronto-based Zenmac Zinc launched a legal action in November with the Su…
Preferred shareholders of beleagured Potash Co. of America, who paid $25 for their shares in July, 1984, will vote Dec 14 on whether or not to accept the latest takeover bid from Rio Algom. The divers…
Net income of Imperial Metals rose in the six months ended Sept 30 to $611,000 on revenue of $1.6 million, compared to income of $58,000 on revenue of $1.2 million in 1986. Income for the second quart…
Shareholders at Teck Corp.’s annual meeting in January will be asked to approve plans to split its Class A and B shares on a two-for-one basis. Teck claims that with the increase in market price for i…
Edmonton-based Echo Bay Mines, which four years ago produced just 118,000 oz of the yellow metal, plans to pour 550,000 oz next year and is shooting for 700,000 oz in 1989. This incredible growth rate…
A 3,000-ft drill program is under way on Calnor Resources’ High Lake gold prospect 25 miles west of Kenora in northwestern Ontario. Drill targets were located by a comprehensive trenching and sampling…
The Canadian Mineral Industry Education Foundation is widening its horizons. For more than 20 largely-unheralded years, the industry-supported, non-profit foundation has been quietly but effectively w…
A total of 10,000 ft of drilling is planned by vse-listed Baroque Resources on two properties optioned from Homestake Mineral Development and Conwest Exploration in the Miminiska Lake area of Thunder …
Mark V Petroleums and Mines has received some encouraging assay results from its wholly-owned Bagdad Gold property in Granite Cty., Mont. After lying idle for over 40 years the property was rediscover…
After completing its first full quarter as the principal worldwide mining vehicle of West Germany- based Metallgesellschaft AG, Metall Mining Corp. said it has shown improvements in all aspects of its…
In a bid to broaden its interests beyond gold exploration, Moneta Porcupine Mines of Timmins, Ont., has acquired a major interest in over 200 mining claims in the Finlay Basin area of Granite Cty., Mo…
A statement of defence in a lawsuit involving plaintiff Noranda Inc. and the defendants, Agnico-Eagle Mines, Mentor Exploration and Development and Dumagami Mines is expected to be filed in early 1988…
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