Val d’Or negotiating deal with Abcourt
An option to acquire a 100% interest in the Vendome zinc deposit in Barraute and Fiedmont twps. near Val d’Or, Que., will be exercised, Ressources Val d’Or (ME) says. The junior is finalizing a series…
An option to acquire a 100% interest in the Vendome zinc deposit in Barraute and Fiedmont twps. near Val d’Or, Que., will be exercised, Ressources Val d’Or (ME) says. The junior is finalizing a series…
Newmont Mining’s (NYSE) interests in U.S. and Australian gold operations were the main factors behind an increase in the Colorado company’s first-quarter earnings. First-quarter net income was US$57.4…
The geographic location of the Harker Holloway gold project of Freewest Resources (ME) was incorrectly identified (T.N.M., May 7/90) in a headline. The proper location is northeastern Ontario, north o…
An attempt by Belmoral Mines (TSE) to restructure an $8-million debt load took a new turn recently when it agreed to sell its interest in Roddy Resources (TSE) to a Vancouver-based group of companies….
Toronto-based Kingswood Explorations (ASE) says it is seeking a joint venture partner to continue exploration on its 404-claim gold property in Lanouillier and Gaudet twps., Que.
Following the acquisition of the WX Syndicate, Placer Dome U.S., a unit of Placer Dome (TSE), is an equal partner with Northern Dynasty Explorations (TSE) in the Little Bald Mountain mine. The mine, a…
Just as the exploration industry is adjusting to the sudden elimination of the Canadian Exploration Incentives Program (CEIP) earlier this year, another government program designed to stimulate explor…
High-grade gold mineralization over significant thicknesses was encountered by Cominco Resources International (TSE) during a recent shallow drill program on two 100% owned properties in Turkey. The c…
First-quarter earnings of US$798,700 (6 cents per share) on revenue of US$7.3 million were reported by CoCa Mines (TSE), compared with US$94,900 (1 cents per share) on revenue of US$4.1 million for th…
A loss of $610,000 (7 cents per share) was reported by Giant Yellowknife Mines (TSE) for the first quarter, compared with a loss of $183,000 (2 cents per share) for the same 3-month period in 1989. Re…
Regulatory approval for a private placement worth $2.1 million has been received, Radisson Mining Resources (ME) reports. The placement involves 3,387,090 shares at a price of 62 cents per share and w…
Continuing on the acquisition trend, NovaGold Resources (TSE) is planning a takeover of Etruscan Enterprises (VSE), an exploration company with two properties in the Northwest Territories. As part of …
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