To ease its financial difficulties, Toronto-based explorer Jerome Gold Mines (ASE) says it has signed a letter of intent to amalgamate with privately owned International Platinum. Jerome, which held a…
Larry Mayer, 38, a marine geologist, has been named the first holder of University of New Brunswick’s (UNB) newly created chair in ocean mapping. An associate professor of oceanography at Dalhousie Un…
Jan. 1 Dec. 31 Dec. 28 Dec. 27 Dec. 26 HIGH LOW Composite “300” Holiday 3256.75 3237.46 3233.69 Holiday 4009.47 3009.91 Metals & Minerals Holiday 2739.73 2727.00 2742.94 Holiday 3453.06 2502.63 Integr…
Discussions over a possible business combination between Hecla Mining (NYSE) and Alta Gold (NASDAQ) have been discontinued. The companies had signed a letter of intent to consider various transactions…
A small drilling program on a past producer has GSR Goldsearch (VSE) reviewing the possibility of restarting production. A two-hole program was designed to test the downdip extension of the Bates vein…
Toronto-based Madeleine Mines (TSE) has applied to the Ontario government for permission to operate a 3,000-ton-per-day palladium- platinum mine on a 5,000-acre property at Lac des Iles, near Thunder …
A 25,000-ft. drilling program has been completed by equal partners Thunderwood Resources (TSE) and Greenstone Resources (TSE) on their Scott Lake polymetallic property, 12 miles west of Chibougamau, Q…
The nature of mining research in Canada is changing as industry, government and universities pool their resources and expertise, says John Udd, director of Mining Research Laboratories for Energy Mine…
The Bureau of Mines’ Alaska Field Operations Center (AFOC) is making location maps of mining claims in the state. Active and historical mining claims have been plotted on mylar overlays on a U.S. Geol…
Drill results from the Aurora gold property in Guyana, a joint venture of South American Goldfields (TSE) and Denison Mines (TSE), were incorrectly reported (T.N.M., Dec. 31/90). Highlights from the d…
Severance payments and cash bonuses totalling $528,500 were paid to Brian Fraser and Randy Turner before they resigned their respective positions as chairman and president of Trimin Resources (TSE). T…
Market activity got off to a slow start as investors finally said goodbye to 1991 and got down to business. Today, Jan 2., only 10.5 million shares changed in a lacklustre session that one can only ho…
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