Toronto-based junior Belmoral Mines (ASE) has agreed to buy Langevin Resources, an oil and gas company managed by PanCanadian Petroleum (ASE). In connection with the acquisition, Belmoral will issue m…
Ottawa-based junior Kinbauri Gold has increased to $10 million its damage claim against International African Mining Gold (IAMGOLD). Kinbauri launched the lawsuit in August, 1991, after IAMGOLD, a pri…
What do Iron Ore Co. of Canada, Quebec Cassiar Mining, Bell Northern Research, Bombardier and Dupont Canada all have in common? They are all registered with ISO9000, a system of quality standards whic…
According to a signed letter of intent, privately owned Noveder can acquire the Nugget Pond gold property from Bitech (ASE). Situated on Newfoundland’s Baie Verte Peninsula, the property has estimated…
Drilling has been carried out by BHP Minerals on three properties held by X-Cal Resources (TSE) along Nevada’s Battle Mountain trend. The 20-hole program provided an initial test of some targets and w…
On a recent visit to Sonora and Mexico states, the mines minister for Mexico demonstrated his government’s support for the mining industry. E.L. Thalmann presented Sonora Governor M.P. Beltrones with …
Toronto-listed Dundee-Palliser Resources can buy 17.5-25 million common shares of MVP Capital from a private shareholder at 5 cents each. The purchase price is payable partly in cash on closing; and t…
The first drill hole on Cercal Minerals’ (ASE) joint-venture base metal property in Portugal has been completed to a depth of 803 metres. The vertical hole, the first of eight, was drilled to test gra…
Toronto-listed Inco and its Manitoba division have reached a tentative deal in contract talks with Local 6166 of the United Steelworkers of America. A ratification vote was scheduled for Sept. 15, det…
Drilling on the Golden Quail property in San Bernardino Cty., Calif., is to begin shortly. Joint-venture partners Golden Quail Resources and Golden Hemlock Resources (VSE) have received permits for 10…
Shareholders of Quebec dolomite producer Dolobec have approved the sale of their company to Dufresnoy, Societe d’exploration miniere (ME) for $1.1 million. Dufresnoy intends to finance the acquisition…
A resource of 4.8 million oz. gold has been outlined by Placer Dome (TSE) within one of seven mineralized areas on its 70%-owned Las Cristinas property in Venezuela. The magnitude of this partial reso…
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