Regal claims close to Timmins find
CDN-listed Regal Goldfields has acquired eight claims in Kenogaming Twp., near Timmins, Ont. The claims are close to the new gold discovery made by Hemlo Gold Mines (TSE) on the Sewell-Reeves property…
CDN-listed Regal Goldfields has acquired eight claims in Kenogaming Twp., near Timmins, Ont. The claims are close to the new gold discovery made by Hemlo Gold Mines (TSE) on the Sewell-Reeves property…
Shareholders of Echo Bay Mines (TSE) voted 75.6% in favor of a rights plan. The shareholders rights protection plan, also known as a “poison pill,” is designed to thwart a hostile takeover by increasi…
Drilling on the Amayapampa gold project in Bolivia is returning lower grades outside the area of historic and active workings. Past and present mining on the property focused on small-scale, undergrou…
Production problems at the Colomac mine north of Yellowknife, N.W.T., have prompted owner Royal Oak Mines (TSE) to downgrade its overall 1994 production forecast for the four gold mines that it owns. …
Construction is under way on a recycling plant at uranium producer Cameco’s Blind River, Ont., refinery. The $10-million plant will take liquid byproduct from the refining process and convert it into …
Mining giant American Barrick Resources (TSE) can earn a 60% interest in the Michaud-Nufort property in northeastern Ontario’s Michaud Twp. The company may earn this interest by paying $400,000 cash a…
ALUMINUM: MW U.S. market US89.5 cents-90.5 per lb. (Dec. 9, 1994). ANTIMONY: MW New York dealer US$2.80-2.90 per lb. (Dec. 2, 1994). BISMUTH: MW New York dealer US$3.90-4.20 per lb. (Oct. 27, 1994). C…
Junior Tandem Resources (ME) has increased its interest in NAR Resources (ME) to 34.5% from 30.1%. Tandem subscribed for 120,000 shares of NAR, paying 50 cents per share, or $60,000 in aggregate. Afte…
Minority shareholders of Craibbe-Fletcher Gold Mines (CDN) have voted 89.7% in favor of an amalgamation with a wholly owned subsidiary of Placer Dome (TSE). Placer controls Craibbe-Fletcher through it…
Positive results from initial area examinations have prompted Caribgold Resources (TSE) to intensify its gold exploration efforts in Cuba. In the Laura sector of the Camaguey property, diamond drillin…
An option agreement with a private company will allow Pacific Galleon Mining (VSE) to acquire the Raq-Apolo project in Chile. Galleon made the deal, under which it is committed to expenditures until t…
An open-pit coal mining operation is planned for the Springhill area of Nova Scotia. Springhill Coal has drawn up plans to extract about 2.2 million tonnes during a 12-year period from 14 sites in the…
By continuing to browse you agree to our use of cookies. To learn more, click more information
Dear user, please be aware that we use cookies to help users navigate our website content and to help us understand how we can improve the user experience. If you have ideas for how we can improve our services, we’d love to hear from you. Click here to email us. By continuing to browse you agree to our use of cookies. Please see our Privacy & Cookie Usage Policy to learn more.