As the new chairman of New York-based DRX Inc., Howard Butcher says he will attempt to refocus the company toward the acquisition and development of resource properties. Butcher was recently appointed…
The agreement is still subject to a due diligence review and shareholder approval, but Cassiar Mining (TSE) has set the stage for yet another diversification away from asbestos. This time the Vancouve…
Two of Canada’s oldest law firms with strong ties to the mining industry are merging. Day, Wilson, Campbell has signed a merger agreement with Holden, Murdoch and Finlay to create Holden Day Wilson, e…
Although Canyon Resources (NASDAQ) is best known for its minor interest in the advanced Beartrack deposit in Idaho, the Colorado-based company also has ambitious plans to become a gold producer in exc…
The struggling tailings treatment project of ERG Resources (TSE) at Timmins, Ont., is in financial hot water. An Australian bank has terminated the company’s gold loan agreement. ERG, 61.6% owned by P…
Toronto-based Golden Crescent Resources (ASE) says an 8,400-ft drill program has started on the Detour Lake joint venture property, optioned from Placer Dome (TSE) earlier this year. The property, kno…
In the first half of 1981 in West Africa, as part of a Canadian prospecting team, my duties took me far afield from our base camp. After the usual meeting with the local headman & council, and since m…
The Geological Survey of Canada will hold its first Minerals Colloquium in Ottawa, Jan 17-18, at the Ottawa Congress Centre. The colloquium will immediately follow the GSC’s Forum 1990 (Jan 15-17) at …
Bitech Corp. (ASE) President Jim Wade recently sold a substantial portion of his holding in the Toronto-based exploration company. During the latter part of October, James Wade Engineering and Pamiba …
Third-quarter profit of $1.14 million was not enough to put Hycroft Resources and Development (VSE) in the black for the nine months ended Sept 30. The loss for the entire period amounted to $3.7 mill…
Gold stocks, which have held centre stage on The Toronto Stock Exchange for the past few weeks, crumbled today, Dec 13, under a barrage of selling pressure which skimmed more than 200 points or 2.58% …
FREE MARKET London Metal Exchange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Copper 1471-1473 1493-1495 1516-1518 1526-1528 1525-1526 Lead 434-435 448…
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