The final payday came in for partners Jascan Resources (ASE) and Atlantic Goldfields Inc. (COATS). Each company has received $6 million(US) as the final payment from the sale of their interest in the …
An injunction is being sought by Gold Texas Resources (VSE) against Malartic Hygrade Gold Mines (VSE) which, if approved, would prevent the latter from voting its shareholding at any Gold Texas shareh…
Trans-Dominion Energy Corp. (TSE) plans to acquire a 48.3% equity interest (3.8% voting) in Doelcam Mining, a private company controlled by Dennis MacLeod. The interest will be acquired in exchange fo…
Chance Mining and Exploration, which retains a 10% net profit interest in ground adjoining the big Kidd Creek mine near Timmins, Ont., was an active trader this week. The Chance property, located in K…
Inco Gold has completed a 15,000-ft diamond drill program on the Vault gold project in the Osoyoos area of British Columbia and, based on the results, will decide whether to exercise an option to buy …
This time of the year is typically a slow period for stock exchanges and Vancouver is no exception. Without much liquidity in the market (yesterday’s volume was only 10.2 million shares), investors ar…
Pit operations and ore production at Galactic Resources, Summitville mine in the San Juan mountain range of Colorado have closed down for the winter, the company said recently. During November, the mi…
Heading in 1988 into its 60th year of life, Falconbridge Ltd has taken on a new look just over the past year or so. It’s a new look that’s been structured largely by Chairman William James, chief arch…
The chairman of Denison Mines, Stephen Roman, has been named an officer of the Order of Canada by Governor- General Jeanne Sauve. Roman, a resident of Unionville, Ont., was one of 22 officers, 43 memb…
Luck is a valuable asset in the mining business. And Echo Bay Mines of Edmonton got a liberal dose of it in 1987. When Chairman Robert Calman and President John Zigarlick struck a $130-million deal wi…
An agreement has been worked out between Toronto-based International Corona Resources and Prime Capital Corp. of Vancouver whereby Corona will acquire an approximate one-third interest in the latter. …
Streamside Resources has changed its name to Ring Sights Worldwide Inc. (rsw:ase) on a 1-new-for- 5-old share basis.
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