The Green Springs gold mine of USMX Corp. (NASDAQ) in Nevada is operating “above design levels,” Michael Mehrtens, president, confirms in the company’s latest interim report. The mine also generated a…
Denver-based Amax Gold has emerged with a larger stake in affiliate Canamax Resources (TSE). Following Canamax’s decision to repay $5 million of an outstanding loan to the Denver company, Amax has inc…
Oscar Giroux Resources, a private company, hopes to conduct a $365,000 exploration program on a group of silver prospects in Lorrain Twp., Ont. The claims include six shafts extending to a depth of 20…
The first Canadian book which attempts to illustrate how the concept of fiduciary duties apply to business and professional relationships is now available. Fiduciary Duties in Canada attempts to provi…
Six holes totalling 4,337 ft were drilled by Rea Gold Corp. (TSE) on its 29,500-acre Flap property located 20 miles west of Kelowna in south-central British Columbia. The company said the initial diam…
Toronto affiliates Syngold Exploration (TSE) and International Thunderwood Exploration (TSE) have agreed to a share exchange ratio for a proposed amalgamation of the two companies. Pending shareholder…
A diamond drill program was completed recently by Sikaman Gold Resources (TSE) on the company’s Kaminak Lake gold property located 160 km southwest of Rankin Inlet in the Northwest Territories. The co…
The final payday came in for partners Jascan Resources (ASE) and Atlantic Goldfields Inc. (COATS). Each company has received $6 million(US) as the final payment from the sale of their interest in the …
Environmental research and permitting negotiations are under way for Highwood Resources’ (TSE) Thor Lake beryllium project 65 miles southeast of Yellowknife, N.W.T. According to D. G. Thomas, presiden…
London Metal Exchange Spot closing prices in $US per tonne, except copper (pounds sterling per tonne) Date Jan 3 Jan 2 Dec 30 Dec 29 Dec 28 Copper 1929-1934 N/A 1875-1877…
A new company, First Toronto Mining (TSE), has been created through the amalgamation of First Toronto Capital and Pacvest Capital. Shareholders of First Toronto will receive one share of the new compa…
A Swiss company, Alpha Securities AG, has agreed to invest $1.5 million in Stratmin Inc. (ME) in return for about 1.4 million A shares of the latter valued at $1.10 per share, Stratmin reports. The su…
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