Australia-based Whim Creek Consolidated NL may be playing hard to get with suitor Dominion Mining of Australia, but the sale of Whim Creek’s offshore assets to a Bermuda banking company has already be…
While emphasizing that it’s not a proxy for Cominco Ltd. (TSE), Teck Corp. (TSE), Cominco’s largest corporate shareholder, has taken a small but significant position in Redfern Resources (VSE). Subjec…
N.Y. Commodity Exchange Week’s High Low Close Change COPPER (in US cents per lb.) Apr144.20 141.00 141.00 + 12.70 May143.90 139.35 140.00 + 11.80 Jul135.70 132.30 13…
A group of Texas brokers recently took a tour of International Baslen’s Laduboro/Montreal Trust gold property in the heart of Val d’Or, Que, where a $300,000 drill program is under way. While Baslen T…
Solid strength in base metal prices has prompted Inco Ltd. (TSE) to quietly reopen its Shebandowan nickel-copper mine west of Thunder Bay, Ont. Last winter Inco let a contract for mining and milling a…
Price Week’s ($US) Change($) Gold* 384.15 –0.25 Silver* 5.82 + 0.02 Platinum* 527.50 + 2.75 Nickel** 6.58 — 0.44 Lead** …
A change in management will take place at Vista Mines (TSE) shortly. The company, along with its major shareholders, feels that full time professional management is required to properly direct Vista’s…
Contrary to what was reported in The Northern Miner recently, Octan Resources’ (ASE) Norex property in the Northwest Territories is thought to host 850 tons of material at an average grade of 250 oz s…
Dumont Nickel Corp. (ME) has entered in to a private placement agreement with Sasu Investments, a private company controlled by Dumont director Jack Kentish Jr. Sasu has subscribed for 666,666 units o…
Nova-Cogesco Resources (TSE) issued 304,988 flow-through shares at 91 cents each to Somicom 1988 and Co., Limited Partnership as per its May, 1988, agreement, the company reports. Funds worth $277,539…
Partners Omni Resources (VSE) and Skukum Gold (VSE) have terminated an agreement to lease the Mount Skukum mill owned by Total Energold (TSE) and AGIP Resources. Skukum and Omni had intended to use th…
A proposal to restructure and reduce the number of companies within the Hughes- Lang Group has been approved by directors and will be presented for shareholder approval at meetings scheduled for June….
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