The union representing more than 1,000 coal miners in southeastern British Columbia and an Edmonton coal company have taken the first step to save the huge bankrupt Balmer mine from liquidation. The U…
Hol-Lac Gold Mines (CDN) and White Plains Resources (VSE) have amended their agreement of Feb. 7, 1992. Under the new agreement, Hol-Lac can participate up to 10% in the Gilbert wollastonite project i…
BGR Central Net Value $8.66 $5.10 Price $7.00 $4.95 Discount 19.2% 2.9% Value $51,235,000 $83,280,285…
Soquem has optioned six gold properties from Minnova (TSE) in northern Quebec’s Chapais area. The properties, covering 66 sq. km, are between the Lac Shortt and Bachelor gold mines, 80 km west of Chap…
ALUMINUM: MW U.S. market US58.25-58.75 cents per lb. (Sept. 10, 1992). ANTIMONY: MW New York dealer US78-88 cents per lb. (Jun. 11, 1992). BISMUTH: MW New York dealer US$2.35-2.70 per lb. (Jun. 11, 19…
Unable to raise money in Canada, Wye Resources (CDN) has turned to Eastern Europe for the funding needed to continue exploration on the Saganaga Lake gold property west of Thunder Bay, Ont. Wye says i…
A letter of agreement recently signed by Deak Resources (TSE) with Northfield Minerals (ASE) allows it the right to become operator at Northfield’s Cheminis mine near Kirkland Lake, Ont. Deak will als…
After receiving the results from the second phase of drilling on its Deatys Creek property, 90 miles west of Thunder Bay, Ont., Challenger Minerals (VSE) has decided to drop its option. The best inter…
. . . Sources close to the Lac de Gras diamond play say the kimberlite that yielded 10 microdiamonds and one macrodiamond in a 40-kg sample for the Dia Met-BHP joint venture (T.N.M., Sept. 21/92) outc…
Drilling has resumed on the Hislop Twp. gold property near Matheson, Ont., of Glimmer Resources (VSE) and Hemlo Gold Mines (TSE). The partners plan to drill eight holes, one to test a geophysical anom…
The Mexican Hat gold property in Cochise Cty., Ariz., is owned 100% by Oneida Resources (VSE) now that the junior has bought out an 80% interest held by a former joint venture partner.
The fatal explosion at Royal Oak Mines’ (TSE) Giant mine in Yellowknife, N.W.T., will not close the gold producer, says President Margaret Witte. “We expect to reopen the mine by Sept. 25.” The Sept. …
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.