In order to finance what is being touted as “Canada’s largest development program,” El Condor Resources (VSE) recently completed an 800,000-unit financing for ongoing exploration of the Kemess copper-…
Shareholders of Tenajon Resources (VSE) and Royal Scot Resources (VSE) recently approved a proposal to merge the two companies. The amalgamation is still subject to final regulatory and court approval…
Junior exploration company Vera Cruz Minerals (VSE) reported in early July that a previously announced brokered private placement with Haywood Securities had been cancelled. The placement was for 400,…
Toronto-based Arimathaea Resources (TSE) has acquired a 14.74% stake in Mid-East Minerals Ltd. of Western Australia and can increase its interest to 19.9% if the Australian Foreign Investment Review B…
The Council for Yukon Indians, Na-cho Ny’a’k Dun First Nation, the Yukon government and the federal Department of Indian Affairs and Northern Development recently completed negotiations on the princip…
BGR Central Net Value $9.63 $5.37 Price $8.38 $5.000 Discount 13.02% 6.9% Value $57,329,720 $84,121,500…
Acting upon the advice of its financial advisers, Fairbanks Gold (VSE) has entered exclusive negotiations with an unnamed major mining company for the purchase of all Fairbanks’ issued shares. Fairban…
Mining operations at the Renabie gold mine near Wawa, Ont., will cease permanently as early as Aug. 4 and no later than Sept. 30, says Renabie Gold Mines, a subsidiary of International Corona (TSE). A…
Options Open Series Volume Last Interest The New York closing gold price was $367.60 per oz. Last quotations for gold options traded in Montreal and Vancouver as provided at the close of trading each …
Investor interest in shares of Timmins Nickel (TSE) recently drove the issue to a high for the year of $1.38 compared with its low of 42 cents. President Stephen McIntyre attributed the share activity…
A unit of Placer Dome (TSE) recently concluded an agreement with a Chilean government mining corporation for evaluation and possible development of the Andacollo copper deposit in northern Chile. The …
Hemlo Gold Mines (TSE) reported earnings of $8.6 million (10 cents per share) for the second quarter compared with $1 million for the same period last year. The 1990 income included the writedown of H…
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