After the hair-curling pace of trading in the first six weeks of the year when prices and volume were pushed to record highs, the market took a breather this week as investors paused for some profit t…
Total expenditures this year on its two major properties, the former McWatters gold mine near Rouyn, Que., and the Spud Valley gold property on Vancouver Island, B.C. will amount to approximately $7 m…
Aur Resources reports net earnings of $717,860 or 9 cents a share, for its fiscal year ended Sept 30, after provision for $700,000 in income taxes. This compares with a net loss of $159,450 in fiscal …
A major 50,000-ft diamond drilling program is adding tonnage to known reserves on the Larder Lake, Ont., property held by partners Eldor Resources, Kerr Addison Mines, Northfield Minerals and Northern…
Heap leach technology is now being applied to gold deposits in Alaska where climatic conditions are not that much different from many parts of Canada. Last year, La Teko Resources completed a test pro…
Drilling has begun on the Queylus Twp., Que., gold property held under option by Diana Resources. Project operator Corporation Falconbridge Copper plans to spend $427,255 on the property following up …
Private placements for $700,000 have been arranged by Vancouver- listed Baroque Resources. Of that amount, $350,000 is with CMP 1987 Resource Partnership and Company, Ltd. and $350,000 is with CMP 198…
Consumption of domestically produced zinc die castings declined 6.9% by weight in 1985, mirroring the downturn in other material consumption areas during that year, says the New York-based Zinc Instit…
During the month of January tonnage milled reached 70% of the designed rate of 26,600 tonnes, and full production is anticipated within a few months. The mill started processing ore in July. The first…
Mon-Dor Explorations says it has discovered a new gold zone on its Weir project in the Gaspe area of Quebec. First drilling results on the Diane zone have returned 0.40 oz gold per ton on average widt…
The Speech from the Throne delivered in Ontario’s legislature last year announced the creation of a Premier’s Council charged with a mandate to “steer Ontario into the forefront of economic leadership…
Optimism about Nova Scotia’s gold mining future was the keynote of the Nova Scotia Chamber of Mineral Resources’ fifth annual meeting, held recently in Halifax. A gold exploration update was featured,…
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