Tax reform and reduction has become the order-of-the-day both in th is country and the U.S.A. But is it rhetoric or reality? As most of us know only too well, the over-all tax take being levied agai…
Reserves at the Mirado gold property controlled by Golden Shield Res ources have been increased by almost 30%, the company reports. Located near Kirkland Lake, Ont., the Mirado property hosts drill-in…
McFinley Red Lake Mines, which holds a 50% stake in the McFinley gol d project, will purchase the remaining 50% stake from partners Phoenix Gold Mines and The Coniagas Mines. The purchase price is $3 …
Zinc prices have been a veritable roller coaster this year moving to extremes on both the upside and downside. Overeaction seems to be the byword for this important industrial metal as prices swing do…
Mines and metals analysts Mike Pickens and Robert Sibthorpe, both of Yorkton Securities, have drawn up a portfolio of nine stocks which they believe represent excellent value for investors looking for…
In the Nov 24 issue it was reported in the Insider Trades section th at Echo Bay Mines bought 117,371 shares of Nuinsco Resources to hold 20,009,995 shares. That latter figure is incorrect. Echo Bay n…
Wednesday close, Dec 3 Overburden drilling on Inco and Cambior’s Douay Twp. property in the Casa Berardi area of northwestern Quebec are “very, very spectacular” says Claude St. Jacques, president of …
A production decision for the Longstreet and Johnson Gulch gold prop erties controlled by Naneco Resources could be made in 1987, the company says in its annual report. The company says that as deline…
It appears that Teck Corp. has secured a major position in what will almost certainly become another large gold producer — the Inco-Golden Knight project in Quebec’s Casa Berardi area. Teck recently …
Early results from a drilling program started Nov 6 by Novamin Resou rces east of Cadillac in northwestern Quebec have returned some good values including one high grade hole. Of 11 holes drilled on t…
Verne Drake, a former manager at Orlac Red Lake Mines in northwester n Ontario, has died in Saskatoon, at age 70. A graduate in mining engineering from the University of Alberta, Mr Drake spent a good…
As anticipated, Cominco has decided to develop the Red Dog deposit in Alaska which will be the largest zinc producer in the western world when it comes on-stream in 1991. The decision coincides closel…
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