Ontario Supreme Court recently approved the proposed merger of Neptune Resources (TSE) with three other companies into a single entity controlled by Toronto-based ABM Gold (AMEX). The decision came ju…
Two partners in the Dee gold mine in Nevada, Corona Corp. (TSE) and Rayrock Yellowknife Resources (TSE), have increased their interests in the project. The companies jointly purchased the 29.33% inter…
A private placement of Freewest Resources (ME) shares with Noranda Ltd. (TSE) has closed. Noranda bought 325,000 Freewest shares at $3.50 per share. The proceeds of $1.13 million will be used by Freew…
Noranda Inc. (TSE) has released additional results from its Beatty and Hislop twps. gold property near Matheson, Ont., held in joint venture with Glimmer Resources (VSE). Results from five holes are l…
Improved third-quarter performance of the conventional operations at Timmins, Ont., and Yellowknife, N.W.T., helped Giant Yellowknife Mines (TSE) on the balance sheet. The company reports reduced mine…
Property writedowns led to a 1989 third-quarter net loss of $7.86 million or 23 cents per share for Granges Inc. (TSE), compared with a net loss of $1.17 million or 5 cents per share for the third q…
A positive feasibility study has been received by Societe d’Exploration Miniere Mazarin (ME) for its Lac Knife graphite project near Fermont, Que., and the Labrador border. The project, to operate at …
Northern lead-zinc producer Pine Point Mines (TSE) reported earnings of $74.3 million or $16.02 per share for the nine months ended Sept 30. This compares to $43.9 million or $9.47 per share in the pr…
A new smelter featuring continuous copper processing technology is being planned for Texas by Mitsubishi Metal. The smelter, with the capacity to produce 200,000 tonnes per year, is on the drawing boa…
Hisway Mining Corp. has merged with Hisway Resources Corp. (HIS:VSE) under the latter name. Hisway Mining shareholders receive one new share for two old shares; Hisway Resources shareholders receive o…
Recently raising $3.5 million in two separate private placements was Nova-Cogesco Resources (TSE). One placement, which raised $1 million, was completed with Aur Resources (TSE) which purchased flow-t…
Toronto-based Rockford Minerals (TSE) recently announced the terms of a rights offering designed to finance a takeover bid for Tyranex Gold (COATS) and to reduce Rockford’s indebtedness to Northfield …
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