A geophysical program is under way on a large land position recently acquired by Kalahari Resources (VSE) about 35 miles southeast of the famous Homestake gold mine near Lead, South Dakota. Kalahari h…
Robert Kemeny resigned as a director.
As most readers probably know, we recently moved to the Don Mills complex of Southam Business Communications Inc., where Southam now houses all divisions of its expanding Mining Group under one roof. …
Partners Thios Resources (VSE) and Eurus Resource (VSE) are reporting the discovery of a new massive sulphide zone on their Rock & Roll property in the Iskut River region of northern British Columbia….
The federal mapping agencies of Canada and the Soviet Union will work together to share technology and develop business opportunities in the geomatics industry which deals with surveying, mapping, rem…
Toronto-based United Coin Mines (TSE) recently borrowed $3.2 million from investment banker DCC Equities for a term of one year. The loan bears interest at prime plus 2%. Incidental to the loan, DCC r…
W. Kerby appointed president succeeding D. Schindelhauer who resigned; S. Robertson appointed director succeeding M. Fraser who resigned.
Ontario’s new mining act will come into force on June 3, says Mines Minister Gilles Pouliot. The new act will contain revised regulations on claim staking and recording, assessment requirements and mi…
A net loss of $1.36 million was reported by Skyline Gold (TSE) for the three months ended Jan. 31, up from the corresponding year-earlier loss of $1.25 million. The quarterly data included operations …
An agreement has been reached between St. Philips Resources (VSE) and Rio Algom (TSE). It gives Rio the option to purchase up to 3.8 million treasury shares of St. Philips plus 1.2 million shares (exi…
A program of diamond drilling and geophysical surveying is being planned by Galico Resources (VSE) for the Metla property 15 miles northwest of the Golden Bear gold mine in northwestern British Columb…
The upward trend in share prices continued during the week ended April 2 as interest rates dropped to 10.75% and investors placed their bets on an early end to the economic recession. While Januarys 1…
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