U.S. REPORT Bull Run sitting on cash
With about US$5.6 million in cash and no debt, Bull Run Gold Mines (NASDAQ) is searching for investment opportunities in the resource field. The company sold its 40% interest in the Big Springs gold m…
With about US$5.6 million in cash and no debt, Bull Run Gold Mines (NASDAQ) is searching for investment opportunities in the resource field. The company sold its 40% interest in the Big Springs gold m…
Over the past few months, the Quebec government has announced various measures to soften the blow for junior mining companies and prospectors in the province and to help sustain them through economic …
Peter Kutney appointed director.
If all goes as planned, Akiko-Lori Gold Resources (VSE) and three associated companies expect to announce shortly the formation of a Canadian joint venture with Gold Fields Canadian Mining. Akiko-Lori…
Peter Lalor, Christopher Lalor and Eardley Ross-Adjie appointed directors succeeding Robert Allen and Rodney Knutson who resigned.
Robert Gillingham appointed senior vice-president, corporate finance.
A 10,500-metre (34,450-ft.) drilling program recently completed at the Santa Rosa project has confirmed previous owner Freeport McMoRan’s work. Now jointly owned by Greenstone Resources (TSE) and Boli…
Larry Winsor and Brian Koehn appointed directors.
Patrick McCulloch appointed director.
An American unit of Inco (TSE) has approved a US$1.15-million budget for ongoing work on the Ester Dome property owned by Silverado Mines (VSE). The property is near Fairbanks, Alaska. Inco has alrea…
Employees at Inco’s (TSE) Sudbury, Ont., nickel operations recently voted to accept a new 3-year wage contract which provides for a wage increase, including cost of living allowances and nickel price …
Recent drilling by a unit of Noranda (TSE) on the New World property in Montana encountered gold-silver-copper mineralization in the Homestake Breccia deposit at deeper levels than encountered by prev…
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