Holloway Mine

Showing an improvement over the second quarter, Battle Mountain Gold (BMG-N) nonetheless incurred a net loss of US$14 million (or 6 cents per share) in the 3-month period ended Sept. 30.By comparison,…

Battle Mountain Gold (BMG-N) has lowered production costs, but still took a loss in the fourth quarter and its fiscal year.The company reported a net loss of US$20.6 million (or 9cents per share) duri…

The current slump in gold prices is taking its toll on Teddy Bear Valley Mines (TBY-T), the 15.35% owner of the Holloway gold mine in northeastern Ontario.Operated by Battle Mountain Canada (BMC-T), w…

Led by the banks and golds, the Toronto Stock Exchange 300 index rose 212.27 points during the report period Jan. 21-27, ending the week at 6721.72, or 3.26% over its level of the previous week.Tradin…

Cambior (CBJ-T) has announced plans to buy out Barrick Gold’s (ABX-T) interest in the Doyon mine in Bousquet Twp., Quebec, and combine the operation with its wholly owned Mouska mine.The Montreal-base…

The year past won’t be remembered as much for its mine openings as for its scandals, but several notable (and legitimate) projects did come fruition both in Canada and abroad during 1997.The Musselwhi…

The gold price plunged again over the past week, crashing through its Feb.25, 1985, low of US$284.25 on Dec. 9, and causing further concern that gold producers will be forced to close their highest-co…

A mechanical failure in the grinding circuit at the Holt-McDermott mill, east of Matheson, Ont., is affecting both producing mines in the Harker-Holloway gold camp.Repairs are under way at the mill, w…

In 1996, the number of mine openings in Canada continued to exceed closures. During the year, there were 20 openings (14 new mines and six reopenings) and 17 closures (10 suspensions and seven permane…