Wilco debenture deal
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…
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…
Black Gregor Explorations have received some encouraging results from exploration at their Hemlo gold property north of Marathon, Ont. Located 12 miles northwest of the Lac-Noranda-Corona Hemlo gold m…
Coxheath Gold Holdings of Bedford, N.S., will be the first mining company to cash in on a new provincial investment incentive, the Nova Scotia Stock Savings Plan. Investors who buy the stock of qualif…
A natural bout of directionless trading appears to have taken hold of the Toronto Stock Exchange as most indices remained relatively unchanged from last week. The tse composite drifted down 13 pts tod…
Latest exploration results from the Fontana property near Amos, Que., held jointly by Bay Resources & Services (75%) and Jilbey Industries (25%), indicate an expanding ore situation, which looks even …
Biominet, the federal government’s network, responsible for facilitating the exchange of information on biotechnology as it relates to the mining industry, will hold its fourth annual meeting Nov 4 at…
Louvicourt Goldfields was weaker this week, trading at 63 cents -68 cents . Last week, the issue was up to 80 cents on news that Ronrico Explorations plans to reopen Louvicourt’s shutdown mine proper…
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