One small heap leach pad is fully operational and a second but larger pad (20,000-25,000 tons) is being constructed at Amca Resources’ Silver Cross property near Phoenix, Ar. Some copper-bearing ore h…
Encouraging results have been reported by Crown Resource of Denver with joint-venture partner Echo Bay Mines on Crown’s Granny and Key gold and silver properties at Kettle River, Wash. High grade gold…
Continuing its “winning” ways, Dickenson Mines of Toronto recorded a net income during the first quarter of this year of $1.2 million (9 cents per share), compared with $431,000 (4 cents per share) …
Net income for Place Resources during the first-quarter of this year was $348,700 (5 cents per share), up from $250,896 (3.5 cents per share) for the same period last year. Cash flow for the quarter…
Gibraltar Mines reports a loss of $1,184,000 or 10 cents per share on revenues of $14,975,000 for the first three months of 1987. This compares to a loss of $1,141,000 or 10 cents per share on revenu…
I’ve heard rumors that there is some drilling going on at the New Pascalis Mines property up near Val d’Or, Que. I’d understood that that property was just about out of the picture as far as any furth…
A total of $4.2 million has been raised by Pacific Trans-Ocean Resources, the company says. Approximately $1.4 million was raised via the issue of flow-through shares. Another $2.8 million came from a…
A $1.2 million exploration program will be conducted on the Logan zinc-silver property by partners Getty Resources and Fairfield Minerals. Located 65 miles west of Watson Lake, Yk., the Logan project …
The takeover offer by Breakwater Resources for Novamin Inc (N.M., April 13/87) will be presented to their respective shareholders for acceptance in early May. Both companies have signed a memorandum o…
A $1.5 million exploration program is scheduled to begin in the next few weeks on Galveston Resources’ Murphy Lake mine property in Ontario. Known as “Operation Wawa,” the joint venture includes Berle…
Among the many awards and medals conferred at this week’s annual general meeting of the Canadian Institute of Mining and Metallurgy were the following: * Inco Medal, awarded to John C. MacIsaac, presi…
Canada increased its uranium production in 1986 to 30.4 million lbs U3O8 (up two million lb from 1985) and continued to lead the world in production, nuexco reports in its latest annual review. The co…
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