Net income of US$1.1 million (or 7 cents per share) was reported by Royal Gold (RGLD-Q) for the second quarter of its 1997 fiscal year, compared with a loss of US$268,647 in the same period last year….
Rouyn-Noranda-based McWatters Mining (MCW.A-M) has signed a $US70-Million deal with Placer Dome (PDG-T) to buy the Kiena and Sigma gold mines, along with 18 exploration properties in and around Val d’…
No kimberlites have been encountered in the 16 holes drilled to date during a spring program on the Doyle Lake project in the Northwest Territories. The drilling is focused on the LA 1-25 mineral clai…
Junior Summo Minerals (SMA-T) is joining forces with St. Mary Land & Exploration (MARY-Q) to develop the Lisbon Valley copper project, southeast of Moab, Utah.A new company, Lisbon Valley Mining, will…
A first-phase exploration program is planned by Blue Desert Mining (BDE-V) for the Snowstorm project in the Midas district of Nevada.The district is a new gold camp being established in the northern p…
Bullion Monarch (BMRK-O) has acquired an 80% controlling interst in Toronto-based Knomex Resources (KNO-A) by purchasing 20 million units at 20 cents per unit.A unit consists of one share and one warr…
Vancouver-based junior X-Cal Resources (XCL-T) plans to restart mining operations at the Sleeper gold project, a past producer situated in the Slumbering Hills, some 30 miles north of Winnemucca.In Ap…
Gold projects in Nevada will provide an exploration focus for Eastfield Resources (ETF-V), a Vancouver-based junior which earlier this year announced plans to spin off its Canadian assets.Eastfield ex…
There has been talk of mining law reform in virtually every U.S. Congress since 1866. The battle over the Mining Law of 1872 in the current Congress is being led by California Democratic Representativ…
Partners Winspear Resources (WSP-V) and Aber Resources (ABZ-T) have pulled more kimberlite from their Camsell Lake project, near Snap Lake in the Northwest Territories. A second vertical hole into Ano…
ExchgVol(000s)CloseT.K.O. ResV83611.15Pure Gld ResT…
Two years of exploration near Eureka Cty. in central Nevada are beginning to pay off for Homestake Mining (HM-N) as its Ruby Hill gold deposit nears production.The US$65.4-Million Ruby Hill project is…
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