A new silver zone, known as the Loma Hierro prospect, has been discovered by Holmer Gold Mines (ASE) on its Dora Francisco project 30 km west of the city of Pinar del Rio in western Cuba. Trenching an…
Toronto-listed Adex Mining will carry out advanced exploration of its Potts Falls gold project in Guyana. Auger and diamond drilling, as well as trenching, will be performed to follow up the results o…
Fifty-eight years after my first arrival in Kirkland Lake, Ont., I returned this past July to enjoy Blue Diamond Anniversary Week. In 1936, the first government-owned post office was yet to appear. A …
The annual fund-raising dinner of the Canadian Mining Hall of Fame is scheduled for Jan. 9, 1995, at Toronto’s Royal York Hotel. Sixteen individuals have been nominated for election to the Hall of Fam…
Toronto-listed International Platinum (IPC) has filed its 1993 and year-to-date financial statements with the Ontario Securities Commission (OSC). In late May, the OSC imposed a cease-trading order ag…
In a deal retroactive to Jan. 1, 1994, Caledonia Mining (TSE) has increased, to 83.2% from 24.8%, its interest in the Filon Sur gold mine in southern Spain. The mine, which employs 45 people, is in Hu…
The president of Pure Gold Resources (TSE) exercised options and sold shares in July. According to the Ontario Securities Commission’s OSC Bulletin, Donald Sheldon exercised 115,000 options at 33 cent…
The owner of the Eastmain gold project in northern Quebec will receive a $3.4-million grant under a federal-provincial subsidiary agreement on mineral development. MSV Resources (ME) says the recently…
It is easy for the mining industry to be cynical about government’s willingness to take action to protect its future in Canada. And it is probably easy for environmentalists and labor groups to be cyn…
BGR Central Net Value $17.93 $6.94 Price $15.88 $7.50 Premium 8.1% Discount 11.47% Value $145,682,000 $135,744,750…
The Irish High Court has ruled against Lac Minerals (TSE) in the company’s legal action to block the sale of a majority interest in the Lisheen lead-zinc deposit in Ireland (T.N.M., Aug. 23/94). The c…
By transferring its Estrades polymetallic mine to Arimetco International (TSE), Breakwater Resources (TSE) will wipe out a $4.5-million debt owed to the latter company. The transfer is one of the fina…
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