News

New-wave companies test established leaders’ role

There’s a new breed of mining company emerging on the Canadian mining scene. Characterized by aggressive, acquisition-minded management, they’re challenging established giants of the industry for lead…







Lac/Cambior Doyon gets even better

Two ore zones have been intersected in the first hole of a deep drilling program at the Doyon gold mine in northwestern Quebec. The program was initiated by joint venture partners Lac Minerals and Cam…


Malartic Hygrade has lower earnings

Malartic Hygrade Gold Mines reports net earnings for the 9-month period ended Sept 30 of $1,447,694 or 41 cents per share compared to $1,553,770, or 44 cents per share, for the same period in 1985. …


Better encouraged by drill results

Drilling is continuing at Better Resources’ Mt. Washington gold property on Vancouver Island and the results are proving to be quite encouraging. Two drills are operating there and some good gold valu…


Alberta Stock Exchange: Pennant Pacific best gainer

Wednesday close, Nov 12 The largest gain for the week was made by Pennant Pacific Resources, the foreign controlled junior which is getting into gold mining. The company, which added $1.50 on the week…


Bechtel hopeful for Hope Brook

Fighting the remote, harsh Newfoundland environment and a tight schedule, Bechtel Canada Engineers says it is determined to see the Hope Brook Gold project brought into initial production in just over…


Montreal Exchange: New resource listings fuel market

Wednesday close, Nov 12 New listings are powering the Montreal Exchange to one of its best years ever. About one-third of more than 100 new listings on the exchange so far this year are resource compa…


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