News

Toronto-based Northgate Exploration (TSE) has completed a transaction to acquire all of the shares of ABM Mining Group, a Vancouver holding company. The transaction gives Northgate 45% of the equity a…

Preliminary assay results from Octan Resources’ Bonanza silver property in the Northwest Territories, made the Calgary company the one to watch during trading this week. With 90,000 shares changing ha…

ONTARIO Fiedmont — final rec iss offer 1,500,000 @ $1.32 per sh. Released From Escrow Cambior — 1,644,887 shs released. Moli — 2,000 shs released. VANCOUVER Pine Channel Gold — 600,000 sold for gr…

Toronto-based Belore Mines (ASE) has agreed to earn a 50% interest in United Reef Petroleums’ (TSE) Meat Cove deposit, the company said recently. Located on Northern Cape Breton Island, N.S., the zinc…

Black River – Matheson Township council has been accused twice of behaving in a manner that prevents prosperity to the township, located 40 miles east of Timmins, near the burgeoning Harker-Holloway g…

I’d like to know what happened to Aldermac Copper Corp. I understand it was bought by Ascot Metals Corp. in 1949. I’d like to know the name of the present company which took over Aldermac Copper. F. …

Not content with simply being Falconbridge Ltd.’s largest single shareholder, Noranda Inc. has increased its ownership of the nickel producer to 16.5% and will probably buy more. After failing once to…

After its credibility was severely damaged by operating problems at the Summitville gold mine in Colorado, Galactic Resources (TSE) appears to be back in the good books of at least one British brokera…

N.Y. Commodity Exchange Week’s High Low Close Change COPPER (in US cents per lb.) Aug 101.00 99.50 100.05 + 6.60 Sep 101.20 99.25 100….

The Gold Hunter’s Guide to Nova Scotia by Tony Bishop. Author discusses where to find gold in Nova Scotia, how to stake a claim, prospect and pan. Finer details include mining law, equipment needed, h…

The troubled Tisdale joint venture is getting a new partner. Midas Minerals (TSE) has completed an agreement giving the company the right to earn a 60% interest at the fire-sale price of $2 million fr…

Nerco Minerals recently celebrated the 50th anniversary of its Con mine at Yellowknife. Mine officials and local residents marked the occasion at the Robertson headframe, the tallest structure in the …