After a week long free fall caused by sky high interest rates and falling profits, the Toronto market finally recovered a small amount of lost ground today, April 25. But investors who are obviously t…
China plans to increase its prospecting and exploration activities. The Ministry of Geology and Mineral Resources hopes to locate new reserves that amount to 13-15% of the present total and double its…
The three partners in the Douay gold project in Quebec’s Casa Berardi region have reported further encouraging results from the remaining eight holes of a 17-hole drilling program. Operator of the pro…
Poor stock market conditions and a difficult financing climate have scuttled a $1.2-million exploration agreement between Geomaque Explorations (TSE) and Kingswood Explorations (ASE). The two companie…
Toronto-based Lencourt (TSE) is planning to raise $4.6 million to acquire African mining company Sominki and its Belgian subsidiary through a private offering of common shares. Lencourt says a limited…
Ontario has allocated $30 million in incentives for mineral exploration in the province over the next three years. Provincial Treasurer Robert Nixon included the allocations in his 1990-91 budget unve…
Over the past couple of months, mining insiders were busily increasing their exposure to any future developments at the Eskay Creek, B.C., and Louvicourt Twp., Que., exploration projects. Buyers inclu…
Denver-based Manville (NYSE) is looking to sell its 50% interest in the Stillwater mine, the world’s only economically viable primary source of platinum group metals outside South Africa. Manville, an…
In its first major exploration project outside North America, Cambior (TSE) is negotiating an agreement involving gold property in Indonesia. Cambior, based in Val d’Or, Que., says it has reached an u…
Black Hawk Mining (TSE) has entered into a $1-million flow- through share financing agreement with CMP 1990 Resource Partnership and Co. Ltd. The share pricing of the issue has yet to be determined. B…
The global copper market, which experienced exceptional years in 1988 and 1989, is poised to move into marginal oversupply during the next two years, says an international securities firm. Shearson Le…
AMERICAN BARRICK — Alan Hill appointed executive vice- president of operations and Gregory Wilkins, executive vice-president and chief financial officer.
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