Metalore drops counter claim
Metalore Resources (TSE) has withdrawn its counter claim against Ontex Resources (ASE) in the wake of a lengthy court battle for control of the disputed Brookbank gold property in northern Ontario. Th…
Metalore Resources (TSE) has withdrawn its counter claim against Ontex Resources (ASE) in the wake of a lengthy court battle for control of the disputed Brookbank gold property in northern Ontario. Th…
As part of the recent resignations at RFC Resource Finance (TSE), New Kelore Mines (TSE) has also lost its chairman, president and two directors. Chairman Carl Ashenhurst and President Douglas Nichols…
As Noranda (TSE) completes an additional IP survey over the Mitzi gold-copper property, 19 km west of the Mount Milligan project in central British Columbia, joint venture partner Alban Explorations (…
Drilling has commenced on the Lakewater property located five kilometres southwest of the Eskay Creek deposit in northwestern British Columbia. The Lakewater property is equally owned by Akiko-Lori Go…
A drilling program is under way on Goldteck Mines’ (TSE) placer concessions in southern Chile where two rigs have completed 50 holes in this year’s US$250,000 program. Goldteck says its initial effort…
Newly formed Manor Resources burst on to the exchange this week, taking the volume lead with over 200,000 shares. Opening at $1, Manor picked up 18 cents during the week ended Nov. 20 to close at $1.1…
Lower gold prices coupled with higher operating costs at its mines produced a loss for MinVen Gold (TSE) in the 9-month period ended Sept. 30. MinVen reported a 9-month loss of $3.8 million (13 cents …
The Copper Club of New York recently named Keith Hendrick “Copper Man of the Year.” Currently president of Noranda Minerals, Hendrick is honored for his more than 30 years of service to the mining and…
Sherritt Gordon (TSE), the Edmonton-based fertilizer and speciality metals manufacturer, continues to suffer the cost of being unable to fill its nickel refinery in Fort Saskatchewan, Alta. The compan…
Lucky Eagle Mines, jointly owned by Hecla Mining (NYSE) and Agnico-Eagle Mines (TSE), has received encouraging results from a 27-hole program on the Meadowbank property, 60 miles northwest of Baker La…
The Vancouver Resource and Composite Indices both staged rebounds over the reporting period ended Nov. 20. The Resource Index rose 13.8 points to finish at 541.63, while the Composite Index followed s…
The sale of Canadian oil and gas assets gave Placer Dome (TSE) a large boost to its 1990 third-quarter and 9-month earnings. The major company received $288.5 million from the sale of its oil and gas …
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