Solid financially after recording a profitable year in fiscal 1987, Royex Gold Mining is planning to beef up its exploration side and that of its associated companies. Addressing the topic of explorat…
Assuming the current high rates of growth in this country continue, the federal government will be “within shooting distance” of a balanced budget by the mid-1990s, Finance Minister Michael Wilson tol…
Encouraging assays are reported from the first hole of a 10-hole program on Radcliffe Resources’ North Lake prospect in the La Ronge district of Saskatchewan. The hole had four 6-ft intersections grad…
St Andrew Goldfields is ready to start driving piles to support mill buildings and a surface crusher at its Stock Twp., gold property east of here. All that remains now is a favorable end to current d…
A proposed plan to merge two closed-end flow-through investment funds into an operating mining finance house, is being opposed by CSA Management Ltd. Officers of Equity Preservation Corp. and Equity R…
After protracted negotiations, Multinational Resources has concluded an agreement to purchase Du Pont Canada’s Baker mill in the Toodoggone area of British Columbia. For a consideration of $50,000, Mu…
Multinational Resources has optioned the Emigrant Springs property in Nevada’s Carlin gold belt from a U.S. subsidiary of Teck Corp. The agreement with Teck Resources enables Multinational to earn a 5…
Bullish about prospects for bioleaching refractory gold ore, Giant Bay Resources has entered a number of joint ventures to test the process commercially. Teaming up with Wright Engineers in November, …
A proposed merger between Central Crude Ltd. and Noront Resources has been cancelled, both companies say.
After a 14-year moratorium, Cream Silver Mines was testing the environmental waters when it started drilling a 5-hole program on its polymetallic deposit in Strathcona Park on Vancouver Island. The wa…
One of the few North American companies collecting and refining platinum group metals, U.S. Platinum has moved its refinery from Golden to Denver, Colo. Relocating and streamlining the refinery operat…
N.Y. Commodity Exchange Week’s High Low Close Change COPPER (in US cents per lb.) Feb 108.75 108.00 108.55 + 6.55 Mar 106.75 …
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