While a steep decline in oil and gas prices took a large bite out of Conwest Exploration’s 1986 cash flow, few natural resource companies can boast such an enviable track record. In business for 48 ye…
A joint venture program to explore the old Newcor mine property in the Flin Flon area of Manitoba has been announced by Colray Resources and Vista Mines. Colray can earn a 30% interest by spending abo…
On a week when Alberta gold stocks awoke from recent slumbers, allegations of fraud and breach of contract affected a couple of issues quite differently. News that Mohave Gold will retain a 100% of it…
Spot closing prices in Pound Sterling per tonne Date July 14 July 13 July 10 July 9 July 8 Copper 1038-1040 1047.5-1048 1052-1053 1033-1034 1041-1043 Le…
Belmoral Mines has completed the financing of 4.3 million units at $6.50 per unit with McLeod Young Weir International, the mining company reports. The financing raised an aggregate $27,950,000. The u…
The Society of Mining Engineers (American Institute of Mining, Metallurgical and Petroleum Engineers) is sponsoring a forum titled Small Mines Development in Precious Metals Aug 30-Sept 2 in Reno, Nev…
A wholly-owned subsidiary of Geodome Resources is hoping to pour its first gold bar within a year at its Jordan Creek open pit project in Idaho. Sunbeam Mining reports it is planning to start plant co…
A mere six months after it obtained exclusive mining concessions to the Dutch Island of Aruba, located 15 miles off the coast of Venezuala, Monte Carlo Gold Mines has completed the first phase of a $2…
A previously known gold deposit near Lynn Lake, Man., has been confirmed and enhanced by Vancouver-based Balcor Resources in a major exploration program. The company started drilling the deposit in Fe…
The controlling shareholder of Wilanour Resources, American Barrick Resources, is selling its 67% in the company to Robert Fasken and an unnamed “major mining corporation.” Mr Fasken has interests in …
A feasibility study on the former producing Lady Blue mine located south of Kirkland Lake, Ont., is being performed by Silver Bar Mines of North Bay, President R. A. Gilson reports. The Lady Blue mine…
There’s really not too much excitment here at present. Stocks are generally trading within narrow ranges and firmer gold prices have generally been greeted with a big yawn. By presstime the VSE index …
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