New staking practices, measures to avoid claim disputes and streamlined procedures for mine development are some of the changes to Ontario’s Mining Act proposed recently by Mines Minister Sean Conway….
Bull Run Gold Mines (NASDAQ) is anticipating a significant cash flow deficit in 1989 due to operating problems and a cost over-run at the Big Springs gold mine operated by Freeport-McMoran Gold Co. Pr…
N.Y. Commodity Exchange Week’s High Low Close Change COPPER (in US per lb.) Dec 156.10 151.65 152.00 + 0.75 Jan 143.00 142.00 142.00 — 2.80 Mar 132.00 128.20 129…
Toronto-based Northgate Exploration (TSE) has increased its stake in Audrey Resources (TSE) from 20% to 28% by acquiring a block of 850,000 common shares from NIM and Co. Ltd. and CMP Resources Partne…
Even in a listless market, investors will still respond to the sniff of a significant gold discovery. Bitech Energy has offered plenty of recent evidence that it is on the scent of something interesti…
Still grappling with startup problems at its wholly- owned Johnny Mountain mine in the Iskut River area of British Columbia, Skyline Explorations (TSE) may be starting to see some light at the end of …
Mining consultant Malcolm Slack has agreed to pick up where Echo Bay Mines (TSE) left off in a push to bring Nuinsco Resources’ (TSE) Cameron Lake gold property into production. Slack was named chairm…
ALPART, the largest of four major alumina plants in Jamaica, will start producing alumina by the end of March 1989. Under a recently signed agreement, the ALPART plant will be owned by Kaiser Jamaica …
The Polaris- Taku mine in northwestern British Columbia which produced 230,000 oz gold from ore grading 0.47 oz from 1938 to 1951, is being evaluated by Suntac Minerals (VSE) for its potential to agai…
An option agreement has been entered into by gold producer Corona Corp. (TSE) and Quebec junior Messeguay Mines (ME) whereby the former may earn up to a 70% interest in a portion of Messeguay’s Launay…
Underground drilling is now in progress at the Central Zeballos gold property, a former gold producer located about five miles from Zeballos on Vancouver Island, B.C. The program is operated by Canala…
Two private placements totalling $1 million have been completed by Aunore Resources (ME) with Middlefield Resource Fund 1988 Ltd. Partnership II. The company says proceeds from the placements (worth $…
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