Unlisted Trading Cash for Sewell Brook
Following a joint venture agreement between Kennecott and NovaGold Resources, Costigan Gold, which closed unchanged at 35 cents, has agreed to revise its partnership with NovaGold. Costigan will excha…
News
Vancouver Stock Exchange El Condor making Kemess moves
The Vancouver composite and resource indices retreated during the period ended May 14. The resource index shed 3.37 points to finish at 530.87, while the composite index dropped 4.30 points to settle …
Overview Mandatory common core training for diamond drillers in
In September of 1988, The Canadian Diamond Drilling Association asked the Hard Rock Mining Committee to assist in the development of underground and surface modular training programs for diamond drill…
Denison workers given reprieve
Workers at the Elliot Lake mine of Denison Mines (TSE) in northern Ontario will not lose their jobs at the end of June. Denison reported reaching an agreement with Ontario Hydro, a major buyer of the …
Asamera reports first-quarter loss
Lower prices for both gold and silver led to a first-quarter loss from operations of US$323,000 for Asamera Minerals (TSE), compared to modest earnings of US$38,000 a year earlier. The first-quarter …
Harsh winter, low gold price increases Hope Brook’s loss
Although Hope Brook Gold Mines’ (TSE) first-quarter production of 23,252 oz. was on par with last year’s quarterly output, lower gold prices and severe winter weather doubled the gold miner’s losses. …
Sabin approved for Nymex listing
Sabin Metal Corp. has been approved for listing on the New York Mercantile Exchange (Nymex) as an assayer/refiner for delivery of platinum and palladium futures contracts. Sabin joins similarly liste…
Analysts question Hemlo’s ability to benefit from deal
Hemlo Gold (TSE) President John Harvey says Noranda’s (TSE) recent offer to sell its gold assets to Hemlo in exchange for $80 million worth of shares is geared to providing a springboard for future gr…
$2 million for Iskut properties
A $2-million exploration program has been proposed by Thios Resources (VSE) and Eurus Resource (VSE) for their Rock & Roll and Bornagain properties in the Iskut River district of northwestern British …
Spokane meeting reviews ore deposits worldwide
Diversification for the ’90s” was the theme for the Pacific Northwest Metals & Minerals Conference recently held here. It featured a symposium on platinum and base metal deposits in North America. The…
Columbia increases Spectrum to 100%
In a move to increase its interest in the Spectrum property to 100%, Columbia Gold Mines (VSE) has renegotiated its option agreement with property owners Northair Mines (TSE) and Calnor Resources (VSE…
Name change for Malartic
Shareholders of gold producer Malartic Hygrade Gold Mines (Canada) (VSE) recently voted in favor of a corporate name change to Republic Goldfields Inc. The company, with producing properties near Val…