Ontex placement falls through
Mr. Osama Eissa, who had agreed to subscribe to a private placement of up to 500,000 units of Ontex Resources (ASE) at $1.21 per unit, has failed to complete the placement. As a result, the agreement …
Mr. Osama Eissa, who had agreed to subscribe to a private placement of up to 500,000 units of Ontex Resources (ASE) at $1.21 per unit, has failed to complete the placement. As a result, the agreement …
Around-the-clock drilling with three rigs is to be in full swing by March 31 at the Casino copper-gold-molybdenum project in the southern Yukon. Following the recent plan of arrangement with Casino Si…
Ontario recorded a 56.8% increase in claim-staking last year to make 1992 the most active year since 1988. According to the Mines and Minerals Weekly Bulletin, the number of claim units staked in the …
The Ontario mining industry achieved its lowest injury rate ever, according to figures released by the Mines Accident Prevention Association of Ontario. The frequency rate of total injuries requiring …
The chief executive officer of Southern Peru Copper Corp. of New York has been awarded the Charles F. Rand Memorial Gold Medal by the American Institute of Mining, Metallurgical and Petroleum Engineer…
Republic Goldfields (VSE) has entered into agreements with its two principal bankers, the Bank of Nova Scotia and the Royal Bank of Canada, to restructure and refinance all of its existing $3.2 millio…
Copper and gold output at Campbell Resources’ (TSE) Joe Mann mine near Chibougamau, Que. declined by over 20% last year. In 1992, the mine produced 70,200 oz. gold and 1.2 million lb. of copper compar…
Most depictions are more realistic in three dimensions than in two. The grade and tonnage figures of a newly discovered orebody may look like a bonanza but only by including the depth of the orebody b…
Although corporate Canada continues to crank out layoff notices and the “recovery” seems far from a sure thing, Canadian investors are invading the stock market. During the week ended March 9 — when …
Week’s Price (US) Change Gold* $326.50 $3.05 Silver* $ 3.57 $0.01 Platinum* $345.00 + $2.50 Nickel** $ 2.72 + $0.04 Lead** $ 0.19 $0.00 Copper $ 0.97 $0.00 Zinc $ 0.45 $0.01 Courtesy of Scotiabank. In…
A recent trenching program on Orvana Minerals’ (TSE) Central Inlier property in Jamaica has encountered high-grade gold mineralization. A series of trenches was excavated along a strike length of 120 …
Mountain Province Mining — 1,250,000 units @ 66 cents per unit where each unit consists of 1 sh and 1 two year Series G sh purchase wts. 2 Series G wts to purchase 1 sh.
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