A writeoff of $4.3 million was declared by Rouyn Mining Resources (TSE), which for 1990 reported a loss of more than $4.9 million (42 cents per share). The company said the writeoff reduces the book v…
As most readers probably know, we recently moved to the Don Mills complex of Southam Business Communications Inc., where Southam now houses all divisions of its expanding Mining Group under one roof. …
Partners Thios Resources (VSE) and Eurus Resource (VSE) are reporting the discovery of a new massive sulphide zone on their Rock & Roll property in the Iskut River region of northern British Columbia….
The federal mapping agencies of Canada and the Soviet Union will work together to share technology and develop business opportunities in the geomatics industry which deals with surveying, mapping, rem…
A net loss of $1.36 million was reported by Skyline Gold (TSE) for the three months ended Jan. 31, up from the corresponding year-earlier loss of $1.25 million. The quarterly data included operations …
The week ended April 2 proved relatively quiet with the VSE composite index adding about 10 points to finish at the 580 level. The resource index slipped 3.4 points to close at 574.24. Gold remained l…
Decades before Skyline Gold (TSE) starting mining gold at Johnny Mountain, the Iskut River region of northwestern British Columbia was intermittently examined by various mining companies interested in…
International Azora Minerals Inc. (IAZ:VSE) has changed its name to Power Battery Holdingss Corp. with no consolidation of capital. The new company will have no further interest in mining.
London Metal Exchange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date April 2 April 1 March 29 March 28 March 27 Copper 1394-1295 N/A N/A 1405-1406 1390-1…
At least 1,500 claims have been staked in the Sewell Brook area of north-central New Brunswick since the discovery of a massive sulphide lens there last fall. As drilling on NovaGold Resources’ (TSE) …
Infill drilling at the Louvicourt Twp. massive sulphide project of Aur Resources (TSE) and Societe Miniere Louvem has resulted in a slight increase in undiluted preliminary reserves. But otherwise the…
The week ended April 2 saw the price of gold bullion remain sluggish at US$359 per oz. as the yellow metal continued to suffer from a lack of speculative demand. Despite the lacklustre gold price, Gol…
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