Weak metal prices and a summer strike at the Faro, Yukon, zinc-lead mine, forced Toronto-based Curragh Resources (TSE) to take a net loss of $98.3 million or $3.06 per share in fiscal 1991. In 1990, C…
Shares of Aber Resources emerged among the volume leaders during the week ended March 10 as the diamond explorer flew an airborne survey over its 420,000-acre property in the Northwest Territories. As…
With economic reserves essentially exhausted and a balance sheet in critical condition, Cheni Gold Mines (TSE) is working to refinance its bank debt as well as restructure the company’s long-term liab…
ALUMINUM: MW U.S. market US61-62 cents per lb. (Feb. 27, 1992). ANTIMONY: New York dealer US82-84 cents per lb. (Aug. 8, 1991). BISMUTH: New York dealer US$2.90-3.10 per lb. (Jan. 23, 1992). CADMIUM: …
Wharf Resources (TSE), the largest unsecured creditor of United Coin Mines (TSE), says it will fight to have a recent agreement between United Coin and MinVen Gold (TSE) revoked. Under the agreement, …
The wedging of a previously drilled hole on the Douay gold property in the Casa Berardi area of Quebec resulted in the intersection of a known mineralized zone, Societe d’Exploration Miniere Vior (ME)…
Mike Moustakis appointed director.
BGR Central Net Value $8.25 $5.15 Price $7.50 $4.600 Discount 9.04% 10.7% Value $49,092,000 $77,391,780…
Ontario graphite producer Cal Graphite (TSE) says it has settled a lawsuit and mechanics lien action against the company and other parties. The legal action was filed by B&M Carriers Inc., a subcontra…
Igneous Stone Corp., 50.1% owned by Black Cliff Mines (TSE), has entered into an agreement with an investor group whereby the group will provide $500,000 in equity financing which will be used to brin…
Gordon Gutrath, president of Queenstake Resources (TSE), recently increased his holdings in the company to 17.34% through the purchase of 1.44 million shares from Australian firm Sandhurst Mining. Gut…
Preliminary field work is under way at the Lyndhurst base metal project in Destor Twp., Que., Globex Mining Enterprises (ME) reports. Globex’s joint venture partner is Noranda Exploration. Survey work…
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