The share price of International Musto Explorations (VSE) was given a boost by speculation the company may acquire a bulk-tonnage copper-gold deposit in Argentina. The company recently announced it wa…
New Legends Metals is commencing exploration on a 295-claim property near Casa Berardi, Que., held by Cross Lake Minerals (VSE) and Glen Auden Resources (TSE). New Legends plans to trace the full exte…
Giant Pacific purchasing Chutine’s Mexican project Giant Pacific Petroleum (VSE), controlled by Australian entrepreneur Chrisilios Kyriakou, has signed a deal with Chutine Resources (TSE) to acquire 1…
Veteran miner Malcolm “Curly” Alexander died recently in Red Lake, Ont. He was 79. Born in Wakaw, Sask., Alexander began his mining career at Placer Dome’s Sigma mine in Val d’Or, Que., before he was …
Diamond fever has hit the residents of Yellowknife, N.W.T., since Dia Met Minerals (VSE) announced results from its Point Lake kimberlite prospect, 300 km north of the capital city (T.N.M., Nov. 11/91…
Toronto-based Rio Algom (TSE) has withdrawn its US$6.40 a share offer for the 92% interest in Uranium Resources (TSE) it doesn’t already own because of low uranium prices and the company’s high produc…
TVX Gold (TSE) has agreed to sell its 34.1% stake in High River Gold Mines (TSE) to Restech Canada holdings, a subsidiary of Australia’s Restech International. After the share transaction, the Restech…
Johnson raises funding for Bema’s Chilean project…
A recent option agreement with Doromin Resources (VSE) gives Inco (TSE) the right to explore a number of polymetallic properties held by Doromin on the Queen Charlotte Islands of western British Colum…
The global gold market is “a solid, vital industry” which has reached a mature state, says Metal Market Consultants of Lakewood, Colo., in Gold Situation 1991. The consulting company, in its fifth ann…
Operations at the Gooseberry mine and tailings project in Nevada were recently suspended by owner Asamera Minerals (TSE) because the project is not economically viable at current gold and silver price…
Halifax company NovaGold Resources (TSE) has agreed to acquire International Corona’s (TSE) right to earn a 70% stake in the 2,850-hectare Pine Cove gold property in Newfoundland. Since signing an opt…
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