Athabaska revises Ramrod agreement
A revised agreement between Athabaska Gold Resources (TSE) and Consolidated Ramrod Gold (TSE) has been approved by Royal Oak Mines (TSE). Royal Oak, which owns 3.4 million shares of Athabaska, tried t…
A revised agreement between Athabaska Gold Resources (TSE) and Consolidated Ramrod Gold (TSE) has been approved by Royal Oak Mines (TSE). Royal Oak, which owns 3.4 million shares of Athabaska, tried t…
A limited production run is planned at the Johnny Mountain gold mine in northwestern British Columbia. International Skyline Gold (TSE) expects to mine and mill about 20,000 tons of material grading 0…
The collapse of the Soviet Union has prompted a number of its former republics to seek non-traditional sources of capital to develop mining projects. In late July, a delegation from Kazakhstan visited…
Copper giant Phelps Dodge (NYSE) has agreed to earn a 51% interest in International Curator Resources’ (VSE) DSA property in Idaho. To do so, Phelps must spend US$2.5 million over six years and pay Cu…
The AR claims next to Amax Gold’s Sleeper mine in Nevada will be tested this summer by 5,000 ft. of reverse circulation drilling, Ballatar Explorations (VSE) reports. The company hopes to intersect po…
Toronto-listed Northgate Exploration has received regulatory approval to sell its 35% interest in Campbell Resources (TSE). Northgate will receive $29.4 million for the more than 34.5 million special …
Having completed a due diligence review, Kinross Gold (TSE) has completed its purchase of Nerco DeLamar, Nerco Metals and Palms Mining from Kennecott for $16.2 million. The principal assets of the pur…
Carl Zuber appointed chairman of the board and managing director; Jay Sujir appointed director. N5…
Drilling has begun on the Mainstreet property in Louvicourt Twp. near Val d’Or, Que. Aur Resources (TSE) and Beaufield Consolidated Resources (VSE) report. Aur may earn a 60% interest in the project b…
Hugh Maddin and Peter Barton elected directors. N5…
David Dahl appointed president and director; Adrienne Abney and Allan Wright appointed directors. N5…
Richard Addison appointed director.
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