Should government be bailing out one-industry towns that inevitably run into trouble? Ontario’s Elliot Lake is a classic example. Did its founders and fathers really think its albeit large deposits of…
American Barrick Resources (TSE) may have dropped its plan to merge with Newmont Mining (NYSE) of Denver, but executives within the Toronto company continue to make money in the stock market. Accordin…
Vancouver-based Granges (TSE) recently dropped its option to earn a 60% interest in Cross Lake Minerals’ (VSE) Currie Bowman base metal property near Timmins, Ont. Cross Lake says one of the four hole…
The acquisition of the remaining outstanding shares of Norgold Resources has been completed by Bema Gold (TSE). Bema acquired 93% of Norgold’s outstanding shares under a takeover bid earlier this year…
In order to extend the term of its loan, Pan East Resources (ASE) will amend its Series 1989 debentures. Currently payable on demand, the debentures will become payable on Aug. 31, 1992. As well, the …
The Women’s Association of the Mining Industry of Canada (WAMIC) has scheduled its “South of the Border Fiesta” for Saturday, Sept. 7, at Sheehan Farms at Caledon East, Ont. The Fiesta, to be open fro…
In a bid to consolidate some of the holdings within his Toronto mining group, Patrick Sheridan is proposing to split Madeleine Mines’ (TSE) platinum and gold assets into two separate concerns. Pending…
Exploration programs in Manitoba and Mexico helped the share value of Canmine Resources to rebound recently. The company’s stock was in a low-high range of 17-21 cents and 40,000 shares changed hands …
Semi-monthly reports as of July 31, showed 21,418,054 shares of 579 issues compared with 22,733,628 shares of 571 issues on July 15. Larger individual positions included: Amax Gold 0, down 31,900; Ame…
First half earnings for Equity Silver Mines (TSE) were $2.7 million this year, compared with earning of $6.5 million in the same period last year. Earnings for the second quarter ended June 30 dropped…
Exploration has uncovered a 100-million-tonne deposit of wollastonite in the Lac St-Jean region of Quebec. According to the Quebec Ministry of Energy and Resources, this figure makes the deposit the l…
Armed with funds from a recently announced private placement, Athabaska Gold Resources (TSE) is gearing up to resume exploration of its 60% owned Nicholas Lake gold project, 60 miles north of Yellowkn…
By continuing to browse you agree to our use of cookies. To learn more, click more information
Dear user, please be aware that we use cookies to help users navigate our website content and to help us understand how we can improve the user experience. If you have ideas for how we can improve our services, we’d love to hear from you. Click here to email us. By continuing to browse you agree to our use of cookies. Please see our Privacy & Cookie Usage Policy to learn more.