A $1-million underground exploration program will be carried out by Aur Resources on the Hewfran property at Desmaraisville in northwestern Quebec. Surface drilling has outlined ore grade gold mineral…
Gold London Bullion Dealers afternoon (morning) $US per oz. Sept. 15 Sept. 14 Sept. 11 Sept. 10 Sept. 9 458.80(458.35) 455.55(456.60) 459.85(460.90) 460.20(461.00) 458.30(45…
Officially opening its D’Or Val Mines gold mine near here this month was the Vancouver-based Hughes-Lang Group. About 650 people attending the ceremony saw D’Or Val Mines President Frank Lang, instead…
A merger agreement between Cambior Inc. and Sullivan Mines has been announced by Cambior President Louis Gignac. Cambior, which currently has a 35% stake in Sullivan, plans to increase to 100% its sha…
Exploration ’87, otherwise known as the “Third Decennial International Conference on Geophysical and Geochemical Exploration for Minerals and Groundwater”, has attracted a distinguished slate of the w…
A second high grade zone has been discovered at Fairfield Minerals’ Logan zinc-silver property 65 miles west of Watson Lake, Yukon. The property falls under a joint venture agreement with Getty Resour…
Wilco Mining has issued a convertible note to Deak Ariadne Ltd. which raised $1.1 million. The funds will be used to purchase 400,000 shares of Seadrift International Explorations which is drilling th…
An acquisition program for platinum and gold properties has been completed by Overseas Platinum Corp. Armed with $1.75 million raised from a private placement of shares with a group of European financ…
A joint venture agreement involving Newmont Gold and American Barrick Resources is the latest development in Newmont Mining Corp.’s attempt to stave off a takeover bid by an American investment compan…
The Canadian mining industry wants and needs a free trade deal with the United States, but the outlook for it wasn’t much improved by the meeting on the subject the other day in Ottawa between Prime M…
New financing has been arranged by Rado Reef Resources that should see its gold-silver mine near Cortez, Col., through to production. Rehabilitation of the underground workings is already under way, a…
Geologists at tse-listed NovaGold Resources are satisfied with geological evidence that indicates the Plenty Zone on the Fifteen Mile Stream property in Halifax Cty., N.S., comes to surface. Discussio…
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