Cominco’s Polaris operation on Little Cornwallis Island, 75 miles from the magnetic north pole, is the world’s most northerly base metal mine. Manager A.J. Keen says it has proven that industrial deve…
At the request of the Indonesian government, Inco Ltd. (TSE) will consider a public offering to sell 20% of P.T. International Nickel Indonesia, owned ** by Inco. ** The of…
The recent pullback in gold prices to just above $400 has not helped the Vancouver market index, shedding 25 points over the week to the 695 level at noon today, Dec 6. Market sentiment seems to see t…
The spirit of glasnost and perestroika transforming the political landscape of the USSR and Eastern Europe is already creating some fascinating opportunities for Canadian mining companies. The Sovie…
Third-quarter results of Giant Yellowknife Mines (TSE) indicate the gold producer is back on track after a period of fairly high production costs. Coincidentally, the company has been put up for sale …
A second-phase drilling program has been started by BMR Gold (ASE) to further delineate gold zones on its America Mine property held jointly with Fisher-Watt Gold in California. The 2,000-acre propert…
In order to cover further budget overruns at the 50% owned Golden Bear mine, North American Metals (VSE) has entered a financing agreement with Homestake Mining (NYSE), its principal shareholder. The …
The proposed underground exploration program at the Blue Moon project owned 100% by Colony Pacific Explorations (TSE) was recently approved by all the required government agencies. The wait for enviro…
Third-quarter net earnings of $52.7 million(US) were reported by Asarco Inc. (NYSE), a 14% increase over restated earnings of $46.2 million for the same period in 1988. Earnings per share amounted to …
More results are expected by year-end from a 20,000-ft drilling program on Aurizon Mines’ (TSE) Connell Corner property adjacent to the Aur-Louvem base metal discovery near Val d’Or, Que. The property…
A major $6.6- million development program is slated to begin early next year at the Republic gold mine property in northeastern Washington State. For the past five years the high- grade mining operati…
Dennis Sheehan and Robert Valliant, two former vice-presidents of exploration for LAC Minerals, have formed a private company to conduct mineral exploration. The two geologists had previously announce…
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