News

At the Aldebaran property in north-central Chile, Arizona Star Resource (VSE) expects to complete, by September, a pre-feasibility study for an open-pit heap-leach project. The company is earning a 51…

Toronto-listed Noranda has converted 16.3 million Series C preferred shares (92% of the total series) into common shares. Each convertible preferred share is equivalent to 1.15 common shares. As a res…

A pair of juniors have joined forces to develop and mine the Tyranite orebody at Gowganda, Ont. Under a 50-50 joint venture, Mill City Gold Mining (ASE) and Tyranex Gold (CDN) plan to drive further no…

Total annual production of wollastonite could approach 500,000 tonnes by 1995, according to a report from Roskill Information Services of London, England. Consequently, world demand could be exceeded …

Geological detective work has led Platinova A/S (TSE) to a large zone of zinc-rich massive sulphides in previously unexplored terrain on the northeast coast of Greenland. By following favorable strati…

Vancouver junior Glamis Gold (TSE) has completed underwriting for the issue of two million special warrants worth $11.2 million. Each special warrant entitles the holder to receive one common share of…

Financings totaling US$27.9 million will enable Canyon Resources (NASDAQ) to advance two gold projects in the western U.S. and continue drilling three gold discoveries in Nevada, Montana and the Domin…

In an agreement with Virginia Gold Mines (ME), Soquem will acquire a 50% interest in the Sagar-I copper property, 85 km south of Fermont, Que. Soquem must subscribe to a private placement in Virginia …

A private placement worth $450,000 has been completed by Wheaton River Minerals (TSE). Two institutional investors each subscribed for 703,125 units at 32 cents each. Each unit consists of one common …

Toronto-listed Tombill Mines (TSE) plans to make a normal course issuer bid which would allow it to buy back nearly 84,000 of its class A voting shares and more than 85,000 class B shares. All the sha…

The Vancouver Stock Exchange resource index reached a record high of 1,353.02 before backing off to 1,313.68, for a gain of more than 23 points during the week ended June 22. The composite index lost …

The South American country of Chile is easily recognizable on a map. Long and narrow and fronting on the Pacific Ocean, it extends 4,300 km from Peru and Bolivia along its northern frontier to Cape Ho…