A group of ex-Placer Development (now Placer Dome) executives have formed a new exploration and development company called Pan Orvana Resources. It hopes to raise from $4.5 to $11 million in an upcomi…
An agreement has been reached between Sikaman Gold Resources (TSE) and Canadian Magnesite Mines whereby the latter may acquire a 20% equity interest in a 517-sq-km gold concession in Mali, West Africa…
More than $1 million was spent in 1987 by Goldquest Exploration (TSE) on exploration work at its properties in the Red Lake area of northwestern Ontario, shareholders were told at the annual meeting. …
Results from an underground exploration program have been received by Micham Exploration (VSE) and Mono Gold Mines (VSE) from their Bannockburn property near Madoc, Ont. A total of 352 ft of drifting …
Your recent article (N.M., May 9/88) highlighted the progress made in the development of the Ketza River mining project jointly owned and operated by Pacific Trans- Ocean and Canamax Resources. As a r…
Bulk sampling completed by partners Duration Mines (TSE) and Locator Explorations (VSE) on the Theresa property, has returned much higher grades than initially indicated by drilling. Located south of …
The Royex group of companies has arranged private placements of flow-through shares worth up to a total of $17.25 million for five associated companies which are all listed on the TSE: Royex Gold Mini…
Market liquidity continues to be a problem in Vancouver and falling gold prices have made things worse. Many companies are busy refinancing for summer exploration programs so investor interest at pres…
ALUMINUM: MW U.S. Market $1.12-$1.18 per lb. (May 12, 1988). ANTIMONY: New York dealer $1.08-$1.13 per lb. (Apr 14, 1988). BISMUTH: New York dealer $5.55-$5.70 per lb. (May 12, 1988). CADMIUM: New Yor…
Asquith Resources — Atholl Murray appointed to the board of directors.
A 15,000-ft drill program is under way on the Rossland, B.C., gold property held by partners Antelope Resources and Bryndon Ventures. Located near the former producing Le Roi mine, the Antelope proper…
Toronto-listed Northumberland Mines, which is about 90%-controlled by another Toronto-listed company — NovaGold Resources — has reached an agreement with two limited partnerships for $2.8 million in…
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