International African joins Kinbauri
An amalgamation agreement between Kinbauri Gold (ASE) and International African Mining, a private company based in Ontario, has recently been announced. The deal is conditional upon shareholder and re…
An amalgamation agreement between Kinbauri Gold (ASE) and International African Mining, a private company based in Ontario, has recently been announced. The deal is conditional upon shareholder and re…
The share price of Gallery Gold doubled to 50 cents, up from a low of 24 cents during the week ended March 6. Nearly one million shares changed hands before trading was halted today, March 7, pending …
Despite a nasty head cold that seemed to make his normally gruff voice even more gravelly, Murray Pezim, chairman of Prime Resources (VSE), offered The Northern Miner his insights into the future of t…
Less than a year after Denver- based CoCa Mines (TSE) purchased Geodome Resources and its Idaho mining assets, CoCa says it is going ahead with development of the Grouse Creek gold project. Located on…
Raising $1.1 million in a public offering of 2.2 million units was Sindor Resources. The company also completed a private placement of $500,000, and traded over one million shares between 47 cents and…
In an agreement with Charlim Exploration (VSE), Bonanza Metals (ASE) will acquire a 70% interest in a property bordering the Poirer/Joutel mining concession in Quebec. Bonanza paid $50,000 cash and wi…
The market collapse of October, 1987, followed by a falling price of gold in 1988 and a depressed price for the precious metal for a good part of 1989, had a devastating effect on junior mining compan…
Golden Star Resources has decided to wait until partner Placer Dome (TSE) has finalized plans for development of the Omai gold project in Guyana before going ahead with a previously announced public o…
Year-end estimated exploration and predevelopment expenditures in northern Saskatchewan in 1989 were $71 million, compared with $105 million in 1988. While expenditures on uranium rose, those on gold …
Earnings for the year ended Dec. 31 were up over the previous year for Teck (TSE). Net earnings for the period were $106 million on revenues of $414 million versus the previous year’s earnings of $105…
As investment counsellors, we have been arguing successfully that segments of the mining industry offer attractive investment opportunities. The argument can be divided into two phases. The first is t…
Active across Canada, Hecla Mining Co. of Canada continues to seek out attractive mineral properties for exploration and development. In Quebec-Labrador, Hecla Canada is working out the final arrangem…
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