News


Disclosure rules enable compensation comparisons

As demand for capital by corporations has increased, so too has the demand for relevant information by investors to judge the value of their holdings. Largely for this reason, Ontario’s Ministry of Fi…


NEWS ROUNDUP — Strike ends at Santa Gertrudis

An initial collective bargaining agreement has been ratified between Campbell Resources (TSE) and workers at the company’s Santa Gertrudis gold mine in northwestern Mexico. Operations were suspended o…


Eldorado active at new Mexican gold project

With one gold mine in Mexico up and running, Eldorado (TSE) is turning its attention to another gold project in that country. Earlier this year, the company opened La Colorada. Situated in Sonora stat…


Greenstone raises project funding

Investors have exercised a series of warrants enabling Greenstone Resources (TSE) to raise $2.2 million. The warrants were issued in conjunction with two rounds of financing completed in mid-1992. The…


New legal action against Westminer

A group of Nova Scotian investors representing Cavalier Capital Corp. has initiated legal action against Westminer Canada and six other defendants. The investors claim to have suffered an $8-million l…


Miramar plans Talapoosa takeover

A new suitor has turned up for the Talapoosa heap-leach gold-silver property in Lyon Cty., Nev. Miramar Mining (TSE) plans to acquire Talapoosa through a merger with the property’s owner, Athena Gold …


Joutel and Teck complete Cuban deal

Two TSE-listed companies, Teck and Joutel Resources, have reached an agreement to develop the latter’s exploration lands in Cuba. In accordance with the agreement, Teck has bought 1.5 million subordin…



Drilling ups reserves at Hislop-Beatty

Results from the first five holes of a 37-hole program have increased reserves at the Hislop-Beatty project in northeastern Ontario. Operator Hemlo Gold Mines (TSE) reports that the best intersection …



DO-27 bulk-sample results disappointing

The junior partners of Kennecott Canada saw their DO-27 (Tli Kwi Cho) kimberlite project downgraded in early August from a development project to one of many exploration-stage projects in the Lac de G…


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