An option agreement to acquire, subject to regulatory approval, a 100% interest in the Inca de Oro project in Chile, in the province of Chanaral, has been acquired by Even Resources (VSE). The gold pr…
The interest of gold producer Rayrock Yellowknife Resources (TSE) in oil and gas producer Discovery West Corp. will be reduced to 39.6% (on an undiluted basis) from 47% following completion of an offe…
Owners of the 10% convertible debentures of Sikaman Gold Resources (TSE) approved recently a proposal to convert $6.1 million in debt into units consisting of three redeemable, convertible preference …
Your article “Rio not funding Kemess work, partners consider alternatives” (T.N.M., June 29/92) may create a misleading impression that Rio Algom has no further interest in the South Kemess project. N…
In a bid to pave the way for financing of the Louvicourt Twp. copper-zinc deposit, Toronto-based Noranda (TSE) is spinning out a new company to shareholders of 52% owned Societe Miniere Louvem (TSE). …
In the column “Geologists adapt to changing times” (T.N.M., June 15/92), Patrick Whiteway highlighted some of the difficulties The Geological Association of Canada (GAC) currently faces. The column co…
Financing for the purchase of the Cassiar asbestos mine in northern British Columbia is proving elusive for Black Swan Gold Mines (TSE). Black Swan had reached an agreement with Arthur Andersen, the m…
Danstar Resources Ltd. (DST:VSE) has changed its name to Star Dance Resources Ltd. (SDL:VSE) with a consolidation of capital on a 1-new-for-4. 4-old-share basis.
An agreement-in-principle has been reached for a reverse takeover of Onitap Resources (TSE) by private company Red Oak Resources of Calgary, Onitap reports. Onitap plans, subject to shareholder and re…
Kimberlite pipes are uncommon but they rarely occur singly. If one is discovered, there will almost certainly be others in the vicinity. The pipes form patternless clusters seemingly devoid of any geo…
An option agreement to acquire a 100% interest in the former Thierry copper-nickel mine and mill complex at Pickle Lake, Ont., has been entered into by KWG Resources (ME) with Etruscan Enterprises (VS…
Gold’s role as an industrial metal has grown significantly in the last five years, driven almost solely by demand for gold jewelry. Much of this growth has come from the newly industrializing nations …
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