Cleveland-based M.A. Hanna Co. is negotiating with Mitsubishi Corp. to sell to the Japanese company a 20% interest in Iron Ore Co. of Canada of Montreal. Hanna has an approximate 28% stake in Iron Ore…
The crew at Crown Butte Resources’ New World project in Montana is not taking a break this summer. Five diamond drills and two reverse circulation drills are working on two of the property’s deposits:…
The acquisition of the remaining outstanding shares of Norgold Resources has been completed by Bema Gold (TSE). Bema acquired 93% of Norgold’s outstanding shares under a takeover bid earlier this year…
The Women’s Association of the Mining Industry of Canada (WAMIC) has scheduled its “South of the Border Fiesta” for Saturday, Sept. 7, at Sheehan Farms at Caledon East, Ont. The Fiesta, to be open fro…
Newfoundland Goldbar Resources, a private company, has purchased shares of Varna Gold (ASE), previously held by former president Gordon Barron. Barron, who was slapped with a 7-year trading ban at the…
Market activity shifted from bad to worse during the week ended Aug. 13 with trading volumes lagging at about 11 million shares per day during what should be one of the most active times of the year. …
A $120,000 field program is under way on the Sustut copper-gold project about 200 km north of Smithers, B.C., Beauchamps Exploration (VSE) reported. Sustut is a 50-50 joint venture between Beauchamps …
Mixed trading marked the week ended Aug. 13, with the market portfolio gaining 2.7 points and the mining and minerals index dropping by 18.6 points. Daily volumes, weakest during the middle of the rep…
Now that a new set of mining regulations has been approved by the State of Maine, Black Hawk Mining (TSE) is attempting to become the first mining company in over a decade to obtain a mining permit th…
Armed with funds from a recently announced private placement, Athabaska Gold Resources (TSE) is gearing up to resume exploration of its 60% owned Nicholas Lake gold project, 60 miles north of Yellowkn…
Graham Ferguson Lacey, the new chairman of Toronto-based Arimathaea Resources (TSE) recently exercised his rights under a management stock option plan to acquire 85,000 of the company’s common shares….
Recent drilling on the Fort Knox property near Fairbanks, Alaska, has returned a 530-ft. intersection grading 0.42 oz. gold per ton in hole 91-319. Fairbanks Gold (TSE) owns a 51% interest in the prop…
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