A private company founded by Robert Friedland, president of Galactic Resources (TSE), and Eric Friedland recently made a $1.2 million private placement in War Eagle Mining (VSE), which owns the War Ea…
The turnaround of the MacLellan gold mine appears to have been successfully completed, mine owner and operator LynnGold Resources (TSE) says. Results from the third quarter show the mine producing 14,…
Quebec Mines Minister Raymond Savoie has been openly critical of the Canadian Exploration Incentive Program, the federal government program that changes flow-through share investment benefits from a t…
The Reference Guide to Mining Legislation in Canada is a revised and updated version of a publication that the Canadian Institute of Resources Law first produced in 1985. That publication had its orig…
Edmonton-based Gamsan Resources (ASE) has raised $317,000 for drilling on its Brabant Lake polymetallic property in Saskatchewan. Gamsan says an initial 1,000-m drill program will be under way soon on…
With three diamond drills starting up this week, a major grass roots exploration program quietly under way over the past two years by Noranda Exploration on a huge spread of almost virgin ground in no…
The Vancouver brokerage community has given a new name to War Eagle Mining which fell out of orbit last week and almost burned up on re-entry. People are now calling it “War Budgie,”a sparrow-sized bi…
With the sun retreating from sight almost completely and temperatures plunging to as low as minus 50 C, it’s difficult to imagine a harsher winter setting. But here on the rocky north shore of Baffin …
The dispute between Granges Exploration (TSE) and Abermin Corp. (TSE) (N.M., Sept 5/88) over the Tartan Lake gold mine has taken on a new twist. It could be an ominous one for the almost insolvent Abe…
When a senior takes an interest in a junior, watch out] Toronto-based Corona Corp. has announced it has reached an option agreement with Messeguay Mines whereby it may earn up to a 70% interest in a p…
Anticipating sales of 305,000 oz in 1988, Battle Mountain Gold (TSE) is proving to be one of the more profitable gold producers in North America. Third quarter net income jumped 26% to $15.3 million a…
Echo Bay Mines (TSE) has agreed to sell its controlling 53.8% interest in Nuinsco Resources (TSE) for $6.7 million or 87 per share. The sale to Deak International Resources follows the completion of …
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