Nugget Pond financing arranged
To complete financing of the Nugget Pond gold mine, Richmont Mines (RIC-T) has arranged a $12-million loan and a $2-million line of credit with the National Bank of Canada.The financing will provide s…
To complete financing of the Nugget Pond gold mine, Richmont Mines (RIC-T) has arranged a $12-million loan and a $2-million line of credit with the National Bank of Canada.The financing will provide s…
Although drill results from the Copper Prince property of Rainbow Petroleum (RBP-A) are less than satisfactory, the company believes things will improve at depth.Rainbow is drill-testing a major shear…
T. Magee appointed president.
A consortium led by Teck (TEK-T) was unable to reach an agreement with the government of Kazakhstan on development of that country’s Vasilkovskoye gold deposit.Teck and its partners, First Dynasty Min…
Despite lingering controversy over the right of Consolidated Eurocan Ventures (KEU-T) to develop a giant copper-cobalt resource in Zaire, the junior is proceeding with financing for the project.To rai…
The Fraser Institute will host a conference on mining in British Columbia, to be held Oct. 22 at the Hyatt Regency Hotel in Vancouver.Entitled “Mining in B.C. — Eliminating Uncertainty and Encouragin…
Further drilling by WMC International, a unit of Australian-based Western Mining, has outlined more mineralization at the Tiriruniak gold prospect, 15 km north of Rankin Inlet, N.W.T.The prospect, for…
The latest diamond drill and reverse-circulation (RC) holes at the Hinoba-an project have allowed International Pursuit (IPJ-T) to expand its high-grade copper zone.The company continues to be encoura…
Donald Leishman appointed director.
Edward Posey appointed president and director.
Roy Spencer appointed director.
Michael Townsend appointed director.
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