Directors of Australia-based Whim Creek Consolidated and Toronto affiliates Northgate Exploration (TSE) and Westfield Minerals (TSE) appear to have resolved their recent differences. Patrick Hughes wh…
Faced with insufficient cash flow to meet current obligations, Sumac Ventures (VSE) recently presented its creditors with a proposal that would allow it to continue producing gold and silver for anoth…
Canarub NV, a wholly-owned affiliate of Monte Carlo Gold Mines (ASE) has completed a royalty agreement with the government of Aruba. If Canarub’s properties are ever placed in production, the company …
In 1989, Queenstake Resources (TSE) intends to expand the present production unit and carry out a phased exploration program to increase reserves on a newly-optioned placer gold property in the Atlin …
A quiet market for some months gave way to near non-action during the holiday-shortened Christmas trading week, with the volume on the first trading day after Dec 25 dropping to 1.3 million shares. Ea…
Rumor has it there will be a major Rbreakthrough in tunnel-boring Rcoming from research on the Strategic Defence Initiative in the U.S. Millions of dollars are being spent there to have missile silos …
Assay results have been reported for three more holes from Athabaska Gold Resources’ (VSE) Nicholas Lake property 60 miles north of Yellowknife, N.W.T. High grade gold veins in the Main zone were test…
Initial discussions with bankers, brokers and consultants as to the viability of funding the building of one of the world’s largest platinum mines are meeting with success, Delta Gold NL says. In a fe…
Monique Exploration (ME) reports it has pulled off the market its prospectus for flow-through financing worth $1,266,000. Monique, formerly Monicor Exploration, planned to use the funds for exploratio…
Initial results from a sampling program on the Timmins graphite property were released by joint venture partners, Black Hawk Mining (TSE) and Lodi Metals (VSE). The samples were taken from two trenche…
Energy, Mines and Resources Canada estimates that Canada’s copper production will begin to fall off sharply in about five years, unless a whopping new find is unearthed very soon. Writing in the Septe…
Cameco — A Canadian Mining and Energy Corp., has arranged a $650-million loan with a consortium of 11 Canadian and foreign banks. The cash will be used to repay promissory notes issued at the time of…
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