** year ** With $3 million needed for expanded exploration programs on three placer gold projects, Calgary- based Gold City Resources is attempting to raise $1,750,000 during the current year. L…
A wholly-owned subsidiary of federal Crown corporation Eldorado Nuclear has received environmental approval to go ahead with a 3-pronged mine development plan in northern Saskatchewan. Estimated to co…
Control of a company with an undeveloped copper property in northern British Columbia is being sold by Kam-Kotia Mines of Toronto to a numbered company in Vancouver. President of the numbered company …
A takeover offer for all the shares of Newfield Mines has been made by Toronto-listed Jonpol Explorations. Jonpol is offering one common share for each Newfield share. Jonpol ended the day at $1.90 wh…
Montreal-based Aumisko Exploration, incorporated early in 1987, was recently listed on the Montreal Exchange. Aumisko currently has interests in four properties, all in northwestern Quebec: one near t…
Gold production from Nevada Goldfields’ Kingston mine near Reno, Nev., helped boost profits for the first half of fiscal 1988 to $1,968,844 on sales of $9,480,328. The company sold 20,787 oz gold and …
Following a decision by Noranda Exploration not to exercise an option on the L.H. gold property near Silverton, B.C., Andaurex Resources of Toronto says it will retain a 100% interest in the property….
Judith Erola has been elected a director of Inco Ltd. She is president Pharmaceitical Manufacturers Association of Canada and served as federal mines minister in the early 1980s. A new reorganization …
Drilling by Proteus Resources has commenced on a 106-claim group property in Garrison and Thackeray twps. in northern Ontario, the Toronto-based company reports. Lac Minerals, which may earn a 50% int…
A five-day losing streak, fueled by tumbling resource share prices, has trimmed another 100 pts from the tse composite index. Urged on by ever-weakening gold prices — which gave up another $10 during…
London Metal Exchange Spot closing prices in Pound Sterling per tonne Date Jan. 26 Jan. 25 Jan. 22 Jan. 21 Jan. 20 Copper 1375.5-1376.5 1418-1420 1395-1400 1377-1381 1425-1430 Lea…
After ironing out some wrinkles in the system, Gordex Minerals says it is close to completing an expansion program at Canada’s first primary heap leach project. Located at Cape Spencer northeast of Sa…
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