A $120,000 field program is under way on the Sustut copper-gold project about 200 km north of Smithers, B.C., Beauchamps Exploration (VSE) reported. Sustut is a 50-50 joint venture between Beauchamps …
Market activity shifted from bad to worse during the week ended Aug. 13 with trading volumes lagging at about 11 million shares per day during what should be one of the most active times of the year. …
Newfoundland Goldbar Resources, a private company, has purchased shares of Varna Gold (ASE), previously held by former president Gordon Barron. Barron, who was slapped with a 7-year trading ban at the…
The Women’s Association of the Mining Industry of Canada (WAMIC) has scheduled its “South of the Border Fiesta” for Saturday, Sept. 7, at Sheehan Farms at Caledon East, Ont. The Fiesta, to be open fro…
The acquisition of the remaining outstanding shares of Norgold Resources has been completed by Bema Gold (TSE). Bema acquired 93% of Norgold’s outstanding shares under a takeover bid earlier this year…
The crew at Crown Butte Resources’ New World project in Montana is not taking a break this summer. Five diamond drills and two reverse circulation drills are working on two of the property’s deposits:…
Cleveland-based M.A. Hanna Co. is negotiating with Mitsubishi Corp. to sell to the Japanese company a 20% interest in Iron Ore Co. of Canada of Montreal. Hanna has an approximate 28% stake in Iron Ore…
Record gold production was reported for the 1991 second quarter and first half at the Crowfoot/ Lewis mine in Nevada owned by Hycroft Resources (TSE). Gold production for the second quarter ended June…
The lender to the Ivanhoe joint venture has agreed to extend a term loan to joint venture partners Galactic Resources (TSE) and Cornucopia Resources (TSE). The companies owed US$6.86 million at the en…
Earnings for former copper producer Brenda Mines (TSE) reached $1.5 million during the second quarter ended June 30. With over $100 million in cash and no significant operations, the company’s revenue…
Having successfully acquired the Pamour group of companies, Royal Oak Mines (TSE) is expanding its position in the Timmins, Ont., gold camp where it is already an established producer. Royal Oak says …
Passed away, on August 11th, 1991, at the age of 76, at Rouyn-Noranda’s Hospital, Dr. Walter Norman Ingham, from Markham, Ontario. He leaves his 6 children: Mary-Margaret, Jane, Edward, Diane, Norman …
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