News

Toronto-listed Northfield Minerals can earn a half interest in a 1,000-acre property in western Utah. Known as the Clifton claims, the property contains a gold-silver vein system running up to 70 ft. …

An independent feasibility study commissioned by MK Gold estimates US$128 million will be required to develop a mine and mill at the Jerooy gold project in Kyrghyzstan. The company and Kyrghyzstanian …

A private company run by former executives of now-bankrupt Curragh expects to reach a deal with receiver Peat Marwick Thorne this month regarding the purchase of Curragh’s Faro lead-zinc mine in the c…

Derek Pannell appointed president.

Robert Whittall appointed vice-president of finance.

Dale Hendrick appointed president.

Investor interest in diamond exploration continued to shore up western markets which began edging downwards toward the close of our report period ending June 8. The Vancouver Stock Exchange’s composit…

In July, shareholders of Nucore Resources and New Aegis Resources will be asked to approve an amalgamation of the two Vancouver-listed companies. New Aegis shareholders would receive one share of the …

Demand for platinum in 1993 increased 6% to 4 million oz. as automobile and jewelry usage rose to record levels. However, metals dealer Johnson Matthey says supplies of the metal reached a new peak of…

Joint-venture partners Western Copper Holdings (VSE) and Thermal Exploration (ASE) are reviewing plans to consolidate the ownership of their Carmacks copper project in the Yukon. Western had agreed to…

In its battle against a U.S.-Russia deal over uranium, Canadian producers (a small band comprising Cameco, Uranerz Exploration and Mining, Cogema and Rio Algom) have found an unlikely ally — a group …

Drilling on the Meliadine gold property in the Northwest Territories has enabled 50-50 partners Comstate Resources (TSE) and Cumberland Resources (VSE) to define, more clearly, the extent of the depos…