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…
Forecast zinc concentrate output this year from the mines of Noranda (TSE) has been reduced by more than was previously announced. A reduction of 90,000, rather than 70,000, tonnes is now expected. Th…
A second phase of drilling at the Black Pine property of Formation Capital (VSE) has extended the known strike length of possibly connected mineralized zones to more than 4,000 ft., compared with the …
Junior gold miner Golden Star Resources (TSE) has begun trading on the American Stock Exchange. The company, which recently moved to Denver, Colo., is mining and exploring for gold in the Guiana Shiel…
Calgary-based junior Comstate Resources (TSE) has made a bid to buy all the issued and outstanding shares of Comaplex Resources (TSE). The Schaffhauser Kantonalbank of Switzerland and three directors …
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