The minerals subsidiary of Santa Fe Southern Pacific Cor (NYSE), whose interests include transportation, real estate, and natural resources, plans to develop a major new gold mine in Nevada. Santa Fe …
Mixed trading characterized the week on the ME, with a province- wide power failure slowing activity considerably on one trading day. The Monday morning blackout prevented the exchange from functionin…
Uranium Resources (VSE) reports net earnings for the fourth quarter of $983,000(US) or 4 cents per share on revenue of $8.42 million. For the same period a year earlier the company reported a net los…
Placer Dome Inc. (TSE) has acquired an option on the McKenzie Break gold property held by Tundra Gold Mines (VSE). The 406-claim property is in Fieldmont and Courville twps., about 15 miles northeast …
Drilling on targets near old workings has resumed at the Normetal zinc-silver property in Perron and Desmeloizes twps. in northwestern Quebec, Normetal Mining Exploration (ME) and La Sarre Mining Expl…
Diana Resources (VSE) has signed a joint venture agreement with Yellow Band Resources (VSE) involving the former’s 28-claim property in the Lac St. Jean area of Quebec. Yellow Band may earn up to a 50…
Thunder Mountain Gold (OTC, Spokane) acquired extensive mineral rights last year in Eureka, Elko, and Lander Ctys, Nev. The company says several major mining companies have expressed an interest in th…
Too often good deeds go unnoticed. So it’s nice to have the opportunity to tip the hat to some of the actions that make people in the mining industry proud. In particular, Inco gets the nod for a $4…
The Michigan department of natural resources has produced a new open-file report, “Inventory of Geological Core and Sample Repository,” compiled by William T. Swenor. This 21-page report contains the …
An amalgamation is in the works between Silverside Resources (TSE) and Proteus Resources (VSE). Proposed name of the new company is Silverside Resources Inc. Share conversion would be on the basis of …
The difference that a year can make to the trading price of a resource issue is currently being demonstrated by Borealis Exploration. After trading at around $19 last January, the tightly held Boreali…
Short of cash and under threat of takeover, Toronto-based McFinley Red Lake Mines (TSE) is looking around for a joint venture partner to assist in completing a bulk sample at its Bateman Tw gold proj…
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