After a 40% production increase and a 30% hike in the price of gold, Breakwater Resources has broken out the black ink to record its financial results for the first nine months of 1987. Vancouver-base…
Mining executive J. Malcolm Slack isn’t running Belmoral Mines any more, but he’s not out of mining. The son and grandson of gold miners has other projects on the go, and has developed another interes…
Mining is among industries cited by Technical Service Council in a quarterly survey of job vacancies among 1,700 firms across Canada. The survey, the Council says, represents openings in the mining, m…
The 1987 drilling program at the New World gold project near Cooke City, Mon., confirmed current reserve figures and raised the possibility of additional tonnage, Crown Butte Resources and Noranda Exp…
Consolidated earnings for Giant Yellowknife Mines totalled $9.3 million or $1.33 per share for the 9- month period ended Sept 30. This compares with earnings of $2.8 million or 66 cents per share rea…
Market trends in uranium are creating new situations in which it is becoming more difficult for utilities and producers to accommodate the requirements of each other, Nuexco’s George White, Jr says. A…
Junior gold producer Hycroft Resources & Development is poised to join the big leagues when its second Nevada mine comes on-stream in early 1988. Annual gold output will jump 50,000 oz to 75,000 oz go…
North American Rare Metals reports it has an agreement with IMEX (1987) Exploration and Company Limited Partnership providing for a private placement of $1,500,000 on a flow-through basis, at a price …
Construction and mobilization of the mill equipment is on schedule at its wholly-owned Johnny Mountain gold property located north of Stewart, B.C., Skyline Explorations reports. The recreation hall a…
NovaGold Resources has started drilling the first of two deep holes on its Fifteen Mile Stream property in Halifax Cty., N.S. The first hole is targeted for a depth of 1,600 ft and the second will go …
A public offering of 5.25 million common shares of Battle Mountain Gold has been postponed by the company. Chairman Douglas Bourne said the company made the decision because of the current volatility …
Coronado Resources plans to start a 2,500-ft drilling program on Troymin Resources’ MON gold prospect near Yellowknife, Y.T., by mid-November. Drilling in 10-12 holes will test the A zone area and alo…
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