Profit-taking at United Reef
Herman Becker-Fluegel and Michael Coulter, two officers of United Reef Petroleums (TSE), sold a large block of their holdings in the diamond explorer in September, according to the Ontario Securities …
Herman Becker-Fluegel and Michael Coulter, two officers of United Reef Petroleums (TSE), sold a large block of their holdings in the diamond explorer in September, according to the Ontario Securities …
Battling against a hostile environment, a remote location and ho-hum metal prices, Falconbridge is now viewing its 100% owned Raglan property in northern Quebec with fresh enthusiasm. A 4-year explora…
The Bridge River area, about 100 miles north of Vancouver, was once one of the most prolific mining areas in Western Canada. Placer gold was originally discovered in the area in 1863 with the two majo…
Former Chutine Resources (VSE) president Peter Holmes and Exall Resources (TSE) President Stephen Roman have joined forces to tackle projects in Mexico and Guyana. “I saw Stephen Roman at the PDAC (Pr…
We have received numerous phone calls after you published erraneous information about Ile Bizard, just outside of Montreal (T.N.M., Oct. 5/92). Please be advised that Quebec’s Ministry of Energy and R…
The exercise of warrants attached to a public offering in the summer of 1991 netted Viceroy Resource (TSE) more than $4.5 million and increased the company’s working capital to over $14 million. The c…
To help finance its $147.8-million share of the development costs for the Louvicourt base metal deposit near Val d’Or, Que., Societe Miniere Louvem (TSE) will issue a $45-million rights offering to al…
Infill drilling at the Komis deposit near La Ronge, Sask., has returned high-grade gold values over widths of up to 42.6 ft., says owner Waddy Lake Resources (TSE). The recently completed 20-hole prog…
Shares of Lytton Minerals (TSE) soared to a new high of 80 cents from 30 cents recently after the company reported the recovery of “substantial amounts” of chrome diopside from two samples taken on it…
A holding company controlled by Pierre Gauthier of Montreal has increased its ownership position in KWG Resources (ME) through a private transaction. TThe holding company, Gencap, bought 337,500 share…
A $65-million profit was reported by Cominco (TSE) for the first nine months of this year, a dramatic improvement from the $25-million loss for the comparable 1991 period. The profit for the third qua…
For the past eight years, as a reporter and editor for The Northern Miner, I’ve been fortunate — observer of the mining industry untouched by the slings and arrows of its outrageously cyclical fortun…
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