Every year, as regular as clockwork, market activity on all exchanges gently winds down for the holiday season as investors and brokers turn their attention to parties, shopping and Christmas cheer. O…
Denison Mines (TSE) says a deal to sell its oil and gas assets in Spain has been terminated and the company is engaged in discussions with another prospective buyer. The previous deal was expected to …
The Musselwhite gold project in northwestern Ontario won’t be given the construction green light this winter, say owners Placer Dome (TSE), Inco Ltd. (TSE) and Corona Corp. (TSE). Following the recent…
Card Lake Resources (COATS) has signed an option agreement with American Barrick Resources (TSE) concerning Card Lake’s property in Harker Twp., Ont. The Harker property is 2.5 miles west of Barrick’s…
A decision by Bachelor Lake Gold Mines (TSE) to place its mine at Desmaraisville, Que., on standby was reflected in the Toronto company’s recent financial results. Bachelor Lake reported a loss of $2….
Operating costs at Breakwater Resources’ (TSE) Mel zinc property have been estimated at $18 per tonne for the open pit and $32 per tonne for the underground operations. The recently completed prefeasi…
Charges dealing with securities offences related to brokerage house Osler Inc. which collapsed in 1987 with debts of about $60 million, have been laid by the Ontario Securities Commission (OSC) agains…
Golconda Resources (ASE) says it has been encouraged by results at its Star City gold property in California where the next exploration phase will involve an attempt to outline open pit reserves. Golc…
A new chairman has been named for the Quebec Securities Commission. Paul Fortugno, 43, currently vice-chairman of the regulatory organization, will begin his 5-year term Jan 3. Fortugno will replace P…
Desert Gold — gross proceeds; rec $270,000. Varitech Res — min 450,000 offered @ 55 cents per sh. Golden Peaks — gross proceeds rec $218,750. Gold Summit — min 800,000 offered @ 35 cents per sh….
Goldpost Resources (TSE) has sold its 78.3% share holding in Holcorp Gold Mines for $140,000. Holcorp agreed to sell to Goldpost eight patented claims consisting of surface and mineral rights containi…
An amalgamation between Louphior Exploration (ME) and a numbered company, 169457 Canada, has been announced. Shareholders of Louphior will receive one share of the new company in return for four old s…
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