Roger Chaplin, mining analyst with T. Hoare & Co., is recommending a wait-and-see attitude following the announcement of the mega-merger between Kinross Gold (K-T) and Amax Gold (AU-N), which will cre…
Toronto-based Millstream Mines (MLSM-C) has acquired the remaining interest in the Potter polymetallic property in Munro Twp., 80 km east of Timmins, Ont.The junior paid a private vendor $3 million an…
The government of Newfoundland and management of Inco (N-T) are back at the bargaining table trying to hammer out a deal that would allow development of the company’s Voisey’s Bay nickel-copper-cobalt…
Russia’s Vneshtorg Bank will provide backing to Armada Gold (AAU-T) in the form of a gold sales commission agreement, paving the way for development of the Baley gold project in southeastern Siberia.T…
Abacus MineralsAber ResourcesAbitibi MiningAfrican Selection MiningAGC Americas GoldAlhambra ResourcesAlpha GoldAmax GoldAmerican Bullion MineralsAnglo AmericanAntares MiningAnzex ResourcesArizona Sta…
The following Vancouver-based juniors recently reported financings for their work programs.* GMD Resources (GMD-V) has reached an agreement with several subscribers for a private placement of 1.7 mill…
McBroom Resources — Offering Price & Description: $* — 1,000,000 Common Shs (Upon the Exercise of 1,000,000 previously issued Special Wts).Vengold — Offering Price & Description: $41,175,000 – 22,5…
Glenhaven Resources (GNN-A) and Blackstone Resources (BZZ-V) are firming up plans to drill at the Taiga nickel-zinc property, situated 120 km northeast of Dawson City, Y.T.The companies expect to mobi…
The Vancouver Stock Exchange composite index dropped 12.98 points to close at 619.53, whereas the mining index fell below the 500 mark, to 490.01, for the report period ended April 28. However, the co…
Speculation that the U.S. Federal Reserve Board may soon increase interest rates sapped some life out of the Toronto Stock Exchange 300 index, which lost 197.85 points during the report period ended A…
Drilling at the Despinassy gold property, 70 km north of Val d’Or, Que., has returned encouraging results for partners Major General Resources (MGJ-V) and Cameco Gold, a wholly-owned unit of Cameco (C…
Vancouver-based Orvana Minerals (ORV-T) reports that progress is being made at its drill program on the Don Mario copper-gold deposit in eastern Bolivia.Assay results from 11 holes are “better than pr…
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