The past year was a cruel one for the Vancouver Stock Exchange as the Composite Index plunged 26% to 527.37 from its year-earlier level of 713.71. The high and low for the period were 802.20 and 505.8…
Exploration and mining will continue on the Garrison gold property, 24 miles east of Matheson, Ont., following a joint venture agreement between Perrex Resources (ASE) and GSR Mining, a subsidiary of …
Chutine Resources (VSE) says it raised almost $853,400 through two private placements. The company sold about 2.3 million units at 37 1/2 cents per unit. Each unit comprises one common share and one n…
A plan to bring Rhyolite Resources back to life should result in gold production in the new year. The company plans to bring its gold-copper property on Texada Island in British Columbia back into pro…
A drill program is planned for early 1991 on the Fireweed property north of Smithers, B.C. Mansfield Minerals (VSE) granted Minnova (TSE) the right to earn a 70% interest in the polymetallic project b…
The area surrounding Elliot Lake, Ont., will receive $15 million from the provincial government to help diversify and revitalize its economy after a series of job losses at the community’s uranium min…
Great Lakes Minerals (TSE) has acquired the right to purchase all the issued and outstanding shares of Keweenaw Copper Company (KCC), a private Michigan-based company, in exchange for 550,000 shares o…
The proceeds of a recent private placement by Placer Dome (TSE) will be used by Pan Orvana Resources to carry out exploration in south-central British Columbia and north-central Washington. The progra…
Having completed the first stage of exploration work on the MWF property in Matheson Twp. near Timmins, Ont., Anglo-Canadian Mining (TSE) reports a final narrow, gold-bearing intersection. Hole No. 11…
Week’s Price (US) Change Gold* $392.50 + $8.75 Silver* $4.16 + $0.01 Platinum*$416.25 – $3.50 Nickel** $3.78 – $0.08 Lead** $0.28 + $0.01 Copper- $1.19 + $0.06 Zinc $0.57 Courtesy of Scotiabank. Infor…
THE NORTHERN MINER, JANUARY, 1940 NEW DEPTHS, NEW ORE CHANCES FOR LAMAQUE Lamaque Gold Mines is preparing to sink its main No. 7 shaft from 2,000 ft to 3,600 ft below surface, The Northern Miner can a…
It is common for one of the parties to a joint venture to have a particular wish to be the operator. This desire often arises when the party putting up the money wants to have control over how its mon…
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