News

After a brief winter shutdown, Inland Gold and Silver (NASDAQ) started mining operations at its Toiyabe project in central Nevada. The modest-sized heap leach operation is expected to produce about 6,…

In a move to buy time from creditors, Bunker Hill Mining (TSE) has filed for protection under Chapter 11 of the U.S. Bankruptcy Code. Alan Richardson, president, said the company made the move as a re…

Bob Ruess appointed senior mining engineer.

Toronto-based uranium producer Denison Mines (TSE) has announced that it doesn’t have enough cash to redeem any of its 7-million series B preferred shares on March 15. Bill James, appointed president …

Millstream Mines (COATS) has completed a private placement of 909,198 common shares at 20 cents per share. The company says proceeds of $181,839 will be used to pay off outstanding debts.

New Venture Equities and Corona Minerals, both units of Corona (TSE), say they have sold 1.32 million shares in Wharf Resources (TSE). In a filing with the U.S. Securities and Exchange Commission, the…

Edwin Warren, president of Assayers (Ont.) Ltd., died recently in Toronto. He was 73. Warren graduated from the University of Toronto in 1944 in chemistry and mineralogy. He worked for Alcan, both in …

By merging with Bradner Resources (VSE), Akiko-Lori Gold Resources (VSE) hopes to gain control of a major interest in Gold Canyon Resources (VSE). Akiko-Lori is offering to acquire all the outstanding…

A stepout drilling program is being planned by NCA Minerals (VSE) to follow up a recently completed initial drill program on its San Lazarus property in Santa Fe Cty., N.M. The company released result…

A recent agreement between a unit of AsarcoKookaburra Gold…

The Vancouver Stock Exchange’s Composite Index dipped below the 500 level over the period ended Jan. 22, 1991, touching down at 499.2 for yet another record low. The Resources Index followed suit, plu…

Toltec Resources Ltd — 300,000 units offered @ 95 cents per unit.