With a healthy working capital of just over $18 million, Northgate Exploration is out seriously shopping for a new acquisition in the precious metals arena. .T No small task, as President John Kearn…
Flow-through shares of Dolphin Explorations will be issued to a fund at a price of $1.19 per share, not at $1 as was previously announced by the company. Dolphin will receive proceeds totalling $357,0…
Shareholders of Stockmen Energy approved a name change to Stockmen Oil and Gas, the company says. Also, approval was received for a consolidation of shares on a 1-for- 10 basis.
A new aluminum contract denominated in American dollars will begin trading June 1 on the London Metal Exchange (lme). The new contract, which will have a delivery point in Singapore, the first outside…
Gulf Titanium says a second production adit is planned at its Cruse/Belmont project in Montana. The new production working will open up the No 8 level while development work on the sixth level stockpi…
Results of the winter exploration program at the company’s Geraldton, Ont. property are encouraging, reports Roxmark Mines’ President Stanley E. Malouf. Located in Errington Twp., the property include…
The world’s largest open pit heap leach gold mining operation is about to double in size. The Round Mountain mine in Nye Cty., Nev., owned by Echo Bay Mines (50%), Homestake Mining (25%) and 25% by Ca…
Golden Trio Minerals has acquired an option on a 166-claim property in Pic Twp., Ont. Located west of the Hemlo gold mines, the claims are held by International Maple Leaf Resources. Golden Trio has t…
With junior mine financing made vastly easier these days, and interest in gold mining now at a high pitch, many of the long-dormant mines and properties are being given another chance. This includes t…
A 4,000-ft drilling program is under way at the Dome Lake property located about 40 miles northeast of Yellowknife, N.W.T., by Lightening Minerals. Exploration work on this 32-claim property has so fa…
Call it a downturn or a correction, trading on the Montreal Exchange this past week was generally less spectacular than in preceding weeks, although resource issues continued to be actively traded. To…
The board of Novamin Inc. has accepted a takeover offer by Breakwater Resources, subject to the completion of a definitive agreement. Terms of the proposal would see Breakwater issue one share for two…
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