Two blocks of shares in Dickenson Mines (TSE) and Kam-Kotia Mines (TSE), the companies involved in a takeover bid by Corona Corp., have become the centre of a legal dispute. The shares in question — …
Agreement-in-principle has been reached between BHP-Utah International and Noble Peak Resources (ASE) whereby the latter will purchase all of the remaining rights and interests of BHP-Utah in the Cryp…
The Mining Research Organization of Canada (MIROC) and Queen’s University have entered into an agreement whereby, effective immediately, the administration of MIROC will be performed by the department…
Merger negotiations have been terminated between Pegasus Gold (TSE) and USMX Inc. (NASDAQ). The decision to terminate was made by the latter which cited “new developments . . . the potential ramificat…
Following the completion of a preliminary prospectus, a new company called TerraGold Resources is gearing up to explore five mineral properties in Newfoundland and another in New Brunswick. TerraGold,…
Diana Resources (VSE) announces a 7,000 ft drill program which will begin shortly on its 82 claim Obatogamau gold property in the Chibougamau area of Quebec. Two surface gold showings will be tested, …
The joint-venture team of North American Rare Metals (ME) and Dundee-Palliser Resources (TSE) has now finalized an agreement with Kennco Explorations to purchase all of that firm’s rights and interest…
With nickel and copper prices continuing strong, Umex Inc. has been quietly re-examining the potential of its shutdown Thierry mine at Pickle Lake, Ont. Umex closed the low grade copper-nickel produce…
New Brunswick experienced a marked increase in the value of minerals produced in 1988 over 1987 values. Natural Resources and Energy Minister Morris Green has released preliminary figures which show t…
The first hole in a winter drill program at Moneta Porcupine Mines’ (TSE) Michaud Twp. property 70 miles east of Timmins, Ont., has intersected 0.47 oz gold per ton over a core length of 12.1 ft. The …
Nevada had a long history of mining booms and mining busts when gold in commercial quantities was discovered in the Carlin Trend. By the latter half of the 1980s, what was happening in Nevada was reco…
Like many junior explorers, Toronto-based Glimmer Resources (TSE) is attempting to survive in the current market climate by vending out the properties in its portfolio to larger companies. “We look fo…
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