Legal action has been brought against Pure Gold Resources (TSE) by Loumic Resources (VSE), which claims to have interests ranging from 6.5%-16% in four of Pure Gold’s properties in the Northwest Terri…
Week’s Price (US) Change Gold* $377.25 – $1.50 Silver* $ 4.56 – $0.18 Platinum* $390.10 – $1.90 Nickel** $ 2.57 + $0.03 Lead** $ 0.18 $0.00 Copper $ 0.83 + $0.02 Zinc $ 0.44 $0.00 Courtesy of Scotiaba…
Tucson, Ariz.-based Arimetco International (TSE) plans to acquire the remaining half of the MacArthur copper property in western Nevada. The property, jointly owned by Arimetco and Brookline Minerals …
Several former senior executives of Gold Fields Mining have taken over the helm of Akiko Gold Resources (VSE). President Stephen Flechner said Akiko intends to pursue projects that will enable it to b…
Patrick Downey, chief financial officer for Campbell Resources (TSE) and Northgate Exploration (TSE), sold his holdings in the sister companies in late April. According to the Ontario Securities Commi…
A huge base metals deposit has been confirmed in northern Finland. The 50-100-million ton deposit reportedly contains copper, nickel, platinum and gold mineralization. First discovered in the late 198…
The Haile property near Kershaw, S.C., has proven and probable reserves of 13.2 million tons grading 0.091 oz. gold per ton, a consulting group estimates. Piedmont Mining (NASDAQ), 37.5% owners of the…
A price protection program ensures that Cyprus Minerals (NYSE) will receive a minimum average sales price of about US94 cents per lb. on about 90% of its projected 1993 copper sales. The program also …
Having intersected a wide magnetite zone in two holes collared two miles apart on its Wanapitei holdings in Mackelcan Twp., Ont., Flag Resources (ASE) plans to use a larger drill to deepen the holes. …
A deal to acquire two properties in French Guiana has been signed by Golden Star Resources (TSE). The first property, known as St. Elie, covers 39 sq. miles (100 sq. km) and was formerly the largest p…
Speakers from around the world gathered here at a recent conference to discuss new developments in the search for diamonds in several parts of Canada. Donald Mustard, past president of the Canadian Ge…
If one were asked to name the oldest continuously producing mine in Ontario, the prolific gold mines of Timmins and Kirkland Lake may spring to mind. Few would guess that the province’s oldest mine is…
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