Despite a dramatic drop in activity in the junior resource sector in Nova Scotia since the heyday of flow-through shares, exploration is continuing, mostly by majors and the few juniors which have man…
ALUMINUM: MW U.S. Market US72.00 cents – 73.00 cents per lb. (Jan 11, 1990). ANTIMONY: New York dealer US81 cents -84 cents per lb. (Nov 30, 1989). BISMUTH: New York dealer $4.40-$4.50(US) per lb. (D…
Following in the steps of two other major Canadian gold producers, Corona (TSE) has gone to the market to raise capital through an offering worth almost $100 million. Toronto-based Corona will issue n…
Exploration on the 6th level of the Duquesne mine, about 19 miles north of Rouyn-Noranda, Que., has identified the continuity toward the west of the main mineralized zones, Radisson Mining Resources (…
Arizona is the leading nonfuel mineral producer in the U.S., according to figures released by the U.S. Bureau of Mines for 1988. The value of mineral production reported for Arizona was in excess of U…
Montreal-based St. Genevieve Resources (TSE) appears to have won the first round in its legal fight with Aur Resources (TSE) for control of about 8.4 million shares of Societe Miniere Louvem (TSE). A …
Is a restructuring, redemption, or all-out takeover at hand for holders of preferred shares of Westar Mining (TSE)? Recent market action would suggest that the street thinks something is in the works….
FALCONBRIDGE — George Reed retired as vice-president and general manager after more than 32 years of service.
Funding for further development and exploration of the Robertson gold property in Lander Cty., Nev., owned by Coral Gold (TSE), appears to be close at hand. Amax Gold (NYSE) has signed a letter of int…
Subscriptions for $3.85 million in principal amount of prime plus secured convertible debentures have been received by Deak Resources (TSE), which is consolidating a number of gold and base metal prop…
Recent drilling on the Refugio property in northern Chile’s Maricunga district has convinced Bema Gold (TSE) that the property has potential to host a “world class” gold deposit. The Vancouver-based j…
A drilling program is under way at the Aldermac group of base metal properties near Rouyn-Noranda, Que., Deak Resources (TSE) reports. A minimum 15,000 ft. of drilling will be conducted by Feb. 28, ut…
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