News

Two arm’s-length private placements are intended to raise $640,000 for Scintilore Explorations (TSE). The placements consist of 1.6 million shares priced at 40 cents each, with warrants entitling the …

Convinced its share price is undervalued, Adrian Resources (TSE) plans to acquire up to 1 million shares of its capital stock through a normal course issuer bid. Adrian’s major asset is its interest i…

Following a recent change of government in the former Soviet republic of Tajikistan, Gulf International Minerals (VSE) has confirmed its joint-venture agreements on several properties. Gulf can earn a…

The outstanding issues hindering development of the Lihir gold deposit in Papua New Guinea (PNG) are being resolved, according to 20% participant Niugini Mining. Nuigini is held about 56% by Battle Mo…

The owner of Diamond Indicator Processing, Roy Saukko, died unexpectedly at his residence in Thunder Bay, Ont. He was 59. Saukko was born in Toronto and later attended the University of Toronto. He wa…

Workers at the Colomac gold mine in the Northwest Territories, a fly-in/fly-out operation, are now represented by the United Steelworkers of America. The Canada Labour Relations Board granted a union …

A comprehensive listing of weekly stock quotations for mining securities is provided by The Northern Miner. To assist readers who often know the name of the stock but not the exchange on which it trad…

A falling gold price coupled with a shaky Canadian dollar kept many market players on the sidelines, helping the Toronto Stock Exchange post a modest loss during the 4-day report period ended Jan. 3 (…

Project operator Cyprus Canada is expected to begin a 5,000-metre drill program on Queenston Resources’ (TSE) Amalgamated Kirkland gold property, near Kirkland Lake, Ont. In 1994, Cyprus drilled 13 ho…

Colin Benner appointed president and chief operating officer.

Andrew Buxton appointed director.

Kenneth Baird appointed president and chief executive officer.