News

Murray Pezim’s Fairhaven Resources (VSE) recently terminated its option to earn interests in two copper-gold properties in the Galore Creek area of British Columbia. Fairhaven, formerly Consolidated R…

Republic Goldfields (VSE) says its wholly owned subsidiary in the U.S. has converted its outstanding gold loan to a U.S. dollar loan, resulting in a gain of US$305,000. The company says it has also ne…

Recently listed on the Montreal Exchange was Tiomin Resources, which was created through the amalgamation of New Pascalis Mines and Tiomin Resources. Pascalis shareholders received one Tiomin share fo…

An option to earn a 50% interest in the Clementine gold property in Grevet and Franquet twps., about 30 km north of Lebel sur Quevillon, Que., is being negotiated by Ressources William (ME) with Lac M…

An additional 20% interest in the Nelligan II property in the Chibougamau area of northwestern Quebec may be acquired by Soquem, says Orient Resources (ME). Orient says Soquem intends to pay $10,000 a…

After completing preliminary geochemical and geophysical studies, Princeton Mining (TSE) expects to initiate a drilling program in early November on the Rio Lluta project near Arica in northern Chile….

After negotiating for over a year, Cusac Industries (TSE) appears confident it will soon be able to conclude a deal to buy the Table Mountain gold project from Total Erickson Resources. Cusac owns a 3…

Royal Oak Mines’ (TSE) Giant gold mine outside Yellowknife, N.W.T., increased gold production during the third quarter of 1992 compared to the second quarter despite a bitter strike which began May 23…

Mining activities here in Canada are in decline even while metal demand worldwide continues to grow because of the vital role mining products play in our daily lives. But our industry is still seen as…

Having discounted weeks ago a rejection of the Charlottetown Accord, eastern markets strengthened in the days after a majority of Canadians voted against the deal. Bolstered by the positive investor r…

I am a highly frustrated shareholder of Spirit Lake Explorations and have followed the company since the 1960s. Management in June said an incline was being considered at a cost of $1.5 million to obt…

Your recent article on Alberta ammonite (T.N.M., Sept. 14/92) was most interesting, but poorly researched and factually incorrect. With our involvement in the spring of 1986, there slowly emerged an a…