Gold bullion prices went on a rollercoaster ride this week but managed to stay above the psychologically important $400(US) mark. Today’s second fix today, Dec 6, was $402.85 in London. The bout of vo…
An advanced gold project in northern Tanzania, East Africa, has caught the eye of Placer Dome (Kahama), a wholly owned subsidiary of Placer Dome (TSE). The Placer Dome subsidiary recently signed an ag…
Cominco Resources International (TSE) and parent company Cominco Ltd. (TSE) have signed a definitive agreement with ENAMI, a Chilean company, for the development of the Quebrada Blanca copper deposit …
The pre-trial phase of what could be a lengthy court battle involving Aur Resources (TSE) and Societe Miniere Louvem (TSE) began in Montreal recently. Officials from both companies will give evidence …
Shareholders of Gold Texas Resources (VSE) voted 96% in favor of a merger with Crown Resources (NASDAQ). Gold Texas shareholders will receive 1.43 Crown shares for each Gold Texas share, bringing the …
At the request of the Indonesian government, Inco Ltd. (TSE) will consider a public offering to sell 20% of P.T. International Nickel Indonesia, owned ** by Inco. ** The of…
Tandem Resources (ME) has purchased 1.37 million common shares of Ayrex Resources (ASE) for 20 cents per share. The transaction raises Tandem’s interest in the company to 56%.
Some of the operating problems experienced by Sonora Gold (TSE) at its Jamestown gold mine in California appear to have been overcome, as evidenced in the company’s recent third-quarter report. Produc…
Vista Mines (TSE) has declared bankruptcy. The company will be sharing the fate of its predecessor, which failed in 1984 after building a small 125-ton-per-day mill known as the Rio gold mine near Cre…
Northfield Minerals (ASE) and its 37% owned affiliate Rockford Minerals (TSE) are preparing to take another look at their Larder Lake, Ont., gold project now that they are about to become the property…
The Oracle Ridge copper-silver project near Tucson, Ariz., is slated to become the first producer for Vancouver- based South Atlantic Ventures (VSE). Before making its positive production decision, th…
We write to express, in some small degree, our collective anger, frustration and dismay at the appalling manner in which the mining assets of Westfield were recently appropriated by Northgate in a dea…
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