Already active on a fluorite-silver project in Arizona, Silverspar Minerals (VSE) recently entered into an agreement-in-principle to acquire two fluorite properties elsewhere in the U.S. Fluorite is t…
The share prices of Consolidated Ramrod Gold (TSE), Chapleau Resources (VSE) and Barkhor Resources (VSE) held firm even though assay results were not as good as expected from the first hole drilled on…
A definitive joint cooperation agreement has been signed by American Barrick Resources (TSE) and Newmont Gold (NYSE) for development of the gold producers’ common areas in the northern sector of the C…
After months of attempting to cut costs, Westminer Canada, a unit of Australia-based Western Mining, has decided to close its two Chibougamau area mining operations. The closures, which occurred at th…
Toronto-based Tiomin Resources (ME) has completed negotiations to raise at least $3.2 million through a private placement of special warrants to institutional investors. The special warrants will enti…
In order to further decrease its inventory of lead-zinc concentrates, Curragh (TSE) plans to close its Sa Dena Hes mine in the Yukon from Dec. 2 until Jan. 6, 1993. The Sa Dena Hes mine produces 12,00…
Development work at the Louvicourt base metal deposit near Val d’Or, Que., is right on schedule, says Aur Resources (TSE) Executive Vice-President Howard Stockford. Cost of the work program for the Lo…
On our return trip to Beijing, we stopped in the city of Lanzhou on the banks of the Yellow River to meet with the top brass of the Ganzhou Provincial Gold Corp. We learned that Ganzhou province curre…
Is flow-through funding the magic formula that led to the discovery of billion of dollars worth of ore or another government scheme plundered for the benefit of the few? Once again the pros and cons a…
Similco Mines, a subsidiary of Princeton Mining (TSE), has informed Nufort Resources (TSE) that it intends to begin mining operations on a small portion of Nufort’s Copper Mountain property in souther…
A formal agreement to earn a 51% interest in the 38-claim Montgay property about 55 km northeast of Val d’Or, Que., has been signed by Teck (TSE) with Ressources William (ME). Teck may earn its intere…
Toronto-based Hemlo Gold Mines (TSE) has agreed to forgive most of a $8.9-million loan made to Windarra Minerals (TSE) in 1988. The junior will repay Hemlo $1 million. Windarra used the loan to financ…
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